House for sale

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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 four floors and comprises a mix of studio and workshop suites, as well as a spacious four-bedroom flat. The property benefits from a desirable location in the historic town of Penryn, which has seen a significant increase in student population and local businesses. The property is currently generating income from eight studio tenancies, with further scope for enhancement. The property is freehold and serviced by mains utilities, with each studio independently metered and eligible for small business rates relief. The vendor's sole agent is Laskowski & Co, and all enquiries and viewing requests should be made directly through them.
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