Permarin Road, Penryn
MA

Permarin Road, Penryn

By Martin & Co

£ 280,000

Reviews

2 out of 5 stars

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 %
from 293,693.00 £
Est sale value
327,767.00 £
Increased by 4.36 %
from 314,072.00 £
Average area rental value
937.00 £/mo
Decreased by 36.82 %
from 1,483.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 913.00 £/mo
Est rental Yield
2.95 %
Decreased by 51.32 %
from 6.06 %
Crime Rate
42.00 %
Unchanged by 0.00 %
from 42.00 %

Agent Activity

  • Martin & Co marked this listing as sold.

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Penryn Children'S CentreChildren's Centre Linked Site0.77 KM
Penryn Primary AcademyAcademy Sponsor LedGood1.21 KM
Penryn CollegeAcademy ConverterGood1.34 KM
Falmouth SchoolAcademy ConverterSerious Weaknesses1.66 KM
St Francis Cofe Primary SchoolAcademy Converter2.42 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Thomas Street £ 000.00 KM
Tresooth Court £ 000.00 KM
Bellevue Cottages £ 000.00 KM
Kew Kekulyek £ 000.00 KM
Woodway £ 375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Penryn (Cornwall)3525PYN0.79 KM
Penmere3499PNM3.19 KM
Falmouth Town3591FMT4.98 KM
Perranwell3528PRW5.27 KM
Falmouth Docks3508FAL5.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Permarin Road, Penryn £ 280,000BUY5 / 100.00 KM
Permarin Road, Penryn, TR10 £ 235,000BUY5 / 100.02 KM
PENRYN £ 315,000BUY5 / 100.09 KM
Truro Lane, Penryn, TR10 £ 347,000BUY6 / 100.10 KM
Truro Lane, Penryn, TR10 £ 294,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
52 Permarin Road £ 185,0000.00 KM
23 Permarin Road £ 127,0000.00 KM
9 Permarin Road £ 242,0000.00 KM
10 Permarin Road £ 252,5000.03 KM
18 Permarin Road £ 245,0000.03 KM