- SUCCESSFUL STUDENT LET +
- FOUR BEDROOMS +
- CLOSE TO PENRYN CAMPUS +
- RECENTLY REFURBISHED +
- TENANTED UNTIL 30 JUNE 2025 +
INVESTMENT PROPERTY A four bedroom, two bathroom student property, ideally situated for the Penryn Campus of Exeter University, recently refurbished and producing an excellent gross yield. May be sold with all furniture included.
Permarin Road is located close to the centre of Penryn and within a short walk of the Tremough Campus of Exeter University.
This terraced house is currently let to four students as a four bedroom property and has three very good sized double bedrooms and one single bedroom.
On the ground floor there is an entrance hall, a spacious double bedroom, a communal lounge and a fitted kitchen which leads through to a utility area and a modern shower room.
On the first floor there are two spacious double bedrooms, a single bedroom and a second modern shower room.
The property is set back from the road by a lawned front garden and there is shared access through to the rear garden which is part patio and part grass.
The property is currently let until 30th June 2025 to 4 students on an AST at £2,200 per month, excluding bills, however it is currently being advertised at £2,600 per month for the 2025 - 2026 academic year which would equate to a gross yield of over 11%.
FEATURES
No Onward Chain
Freehold
Council Tax Band B
EPC E
Electric Heating
Electric Immersion for Hot Water
Solar Panels
Includes all furniture
LOCATION
Penryn is an active university town, with an historic harbour and town centre hosting a variety of interesting independent shops, cafes, yoga studios and other amenities along with numerous quaint pubs nestled amongst its cobbled streets. The town is well-served by three supermarkets (Lidl, Sainsbury's and Asda) and benefits from good communication links with Falmouth via its bus service and train station, which links to Truro City and the mainline to London Paddington.