Garage with planning permission to convert to self contained studio +
Currently successfully let until July 2026 +
Current annual rent of £27,600 +
Current gross yield of 9.2% (with advertised rent of £300,000 and annual rent of £27,600) +
Off street parking for 3/4 cars +
Gas Central heating +
Double glazing +
Centrally located in Penryn, this modern semi-detached home offers flexible accommodation with 3/4 bedrooms, a private garden, off-road parking, and a garage. Currently arranged as a four-bedroom student let, the property generates a strong rental yield of 8.12%, making it an attractive investment opportunity.
On the ground floor, the property comprises a dining room, sitting room, conservatory, kitchen, utility area, shower room, and a third bedroom.
Upstairs, there are two generous double bedrooms—one with an en suite—and a family bathroom.
The integral garage benefits from approved planning permission (Cornwall Council ref: PA19/01965) for conversion into a self-contained studio bedsit with kitchenette and shower room, ideal for boosting rental income or providing accommodation.
The home is ideally positioned for Penryn’s amenities, with the train station just 500m away and the university campus within half a mile.
EPC Rating: D
Agent Details
Lang Llewellyn & Co, Falmouth
01326 212140
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