Penryn 4 bed house for sale

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Penryn 4 bed house for sale

Penryn
£750,000

Our Summary

  • An excellent ‘turnkey’ investment with further scope for income enhancement

Description

This charming mixed-use property in Penryn, Cornwall, offers a unique investment opportunity with a gross income of £59,100 per annum. The property, a former watermill, spans approximately 4,967 sq ft and features a mix of studio and workshop suites, as well as a spacious four-bedroom flat. The property benefits from a strong tenant base, with eight studios and one student flat, all with individual tenancies. The property is well-located in the historic town of Penryn, which has seen significant growth in recent years due to the increase in student population from nearby Penryn Campus. With its unique character and potential for further income enhancement, this property presents a fantastic opportunity for investors seeking a turnkey investment with long-term potential.
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