9 bedroom block of apartments for sale

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9 bedroom block of apartments for sale

Broad Street, Penryn TR10
£575,000

Our Summary

  • An excellent ‘turnkey’ investment with further scope to drive income at the next occupancy period

Description

This charming Grade II Listed freehold building in central Penryn, Cornwall, has been converted to three 3-bedroom apartments, each with its own metered services. The apartments are currently let to students, generating a total annual income of £51,000. The property has undergone a comprehensive refurbishment and offers a "turnkey" investment opportunity with potential to increase income at the next occupancy period. The location is ideal, with Penryn train station just a 0.7-mile walk away and regular bus services to surrounding towns. The property has a pleasant and private rear garden, and all apartments have modern amenities, including gas boilers and electric meters. With its rich history, scenic surroundings, and thriving university town, Penryn is an attractive location for those seeking a quieter lifestyle with easy access to larger towns and cities.
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