4 bed terraced house for sale

Higher Market Street, Penryn, Cornwall TR10

This Grade II Listed townhouse in the heart of Penryn offers a versatile layout and unique character. Formerly a shop with accommodation, this deceptively spacious home has been transformed into a flexible residence that retains its original charm. Having previously been a successful rental property, it is an excellent opportunity for both owner-occupiers and investors.

Key Features
• Three Bedroom Townhouse: Deceptively large home.
• Grade II Listed: Rich in period charm.
• Heart of Penryn: Steps from independent shops, cafes, and amenities.
• Proven Investment: Previously a successful rental property.
• Flexible Layout: Character features with a contemporary feel.
• Commuter Friendly: Close to Penryn Station and Tremough University Campus.
The Property
To the front is a shop window and door leading to a reception room that offers a bright, open-plan space ideal for a home studio, gallery, or bedroom four; off this reception room is another room that has previously been used as a living room.

The kitchen/dining area to the rear is finished with a range of units and a gas range. A practical cloakroom and inner hallway complete the ground level. Upstairs, the first floor comprises three double bedrooms and a family bathroom. The master bedroom features an elegant triple-aspect sash window and polished floorboards.

Outside
To the side of the property, a communal slate pathway provides a secondary entrance, leading directly into the kitchen/dining room.

Location
Penryn is one of Cornwall's oldest towns, celebrated for its vibrant arts scene and historic architecture. The town centre is a hub of creative energy, featuring independent galleries, quirky cafes, and traditional pubs.

Just two miles away lies the bustling port of Falmouth, famous for its deep natural harbour, world-class sailing, and golden sandy beaches like Gyllyngvase. Falmouth offers an extensive array of high-street retailers, award-winning restaurants, and cultural landmarks. Frequent train and bus services connect the two towns in under 15 minutes, providing the perfect balance of Penryn's historic charm and Falmouth's coastal liveliness.

Agent Note: Rental Yield for the property based on a purchase of £230,000 is 10% Net Yield (Based of previous achived rental)

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.