This charming Grade II Listed freehold building in Penryn, Cornwall, offers an excellent investment opportunity. The property has been converted to a high standard and comprises three 3-bedroom apartments, currently let to students and generating a gross return of 10.5%. The apartments are individually metered and serviced by modern gas boilers, with the exception of one which is fully electric. The property is well-positioned in central Penryn, close to Penryn train station and with regular bus services to local areas and wider Cornwall. The town of Penryn has thrived in recent years due to an increase in student population, driving growth in local businesses. The property's rear garden is particularly private and deceptively deep, offering a peaceful retreat. With further scope to drive income at the next occupancy period, this is a "turnkey" investment opportunity that is priced to sell quickly.