Martin & Co says ..
**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.
Property Oracle says ..
This four-bedroom, two-bathroom property located on Permarin Road in Penryn, Cornwall, presents itself as a potential investment opportunity. Its proximity to the Penryn Campus of Exeter University is a significant advantage, making it well-suited for student lettings, as evidenced by similar listings in the area that are described as investment properties. The interior photos show a functional but dated property. The kitchen and bathrooms would benefit from modernisation. The exterior and garden area needs attention. The property is currently listed for £280,000 which seems competitive against similar properties in the area, although accurate square footage data would help to confirm better value. Overall, this property is suitable for investors interested in the student rental market, although potential buyers should budget for upgrades and maintenance.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 913.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 381,350.00 £Increased by 29.85 %
- Est sale value
- 327,767.00 £Increased by 4.36 %
- Average area rental value
- 937.00 £/moDecreased by 36.82 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 2.95 %Decreased by 51.32 %
- Crime Rate
- 42.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Penryn Children'S Centre | Children's Centre Linked Site | 0.77 KM | |
| Penryn Primary Academy | Academy Sponsor Led | Good | 1.21 KM |
| Penryn College | Academy Converter | Good | 1.34 KM |
| Falmouth School | Academy Converter | Serious Weaknesses | 1.66 KM |
| St Francis Cofe Primary School | Academy Converter | 2.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St. Thomas Street | £ 0 | 0 | 0.00 KM |
| Tresooth Court | £ 0 | 0 | 0.00 KM |
| Bellevue Cottages | £ 0 | 0 | 0.00 KM |
| Kew Kekulyek | £ 0 | 0 | 0.00 KM |
| Woodway | £ 375,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penryn (Cornwall) | 3525 | PYN | 0.79 KM |
| Penmere | 3499 | PNM | 3.19 KM |
| Falmouth Town | 3591 | FMT | 4.98 KM |
| Perranwell | 3528 | PRW | 5.27 KM |
| Falmouth Docks | 3508 | FAL | 5.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Permarin Road, Penryn | £ 280,000 | BUY | 5 / 10 | 0.00 KM |
| Permarin Road, Penryn, TR10 | £ 235,000 | BUY | 5 / 10 | 0.02 KM |
| PENRYN | £ 315,000 | BUY | 5 / 10 | 0.09 KM |
| Truro Lane, Penryn, TR10 | £ 347,000 | BUY | 6 / 10 | 0.10 KM |
| Truro Lane, Penryn, TR10 | £ 294,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 52 Permarin Road | £ 185,000 | 0.00 KM |
| 23 Permarin Road | £ 127,000 | 0.00 KM |
| 9 Permarin Road | £ 242,000 | 0.00 KM |
| 10 Permarin Road | £ 252,500 | 0.03 KM |
| 18 Permarin Road | £ 245,000 | 0.03 KM |