5-6, Market Street
St Austell
Cornwall
PL25 4BB
Anchor Quay, Penryn
Guide Price £225,000
1 Bedroom Apartment
- NO ONWARD CHAIN
- BEAUTIFUL EXPOSED BRICKWORK
- DOUBLE BEDROOM
- GRADE II LISTED
- WITHIN WALKING DISTANCE TO LOCAL AMENITIES
- 999 YEAR LEASE GRANTED IN 2004
- HOLIDAY LETTING PERMITTED
- PERFECT FIRST HOME
- CONNECTED TO ALL MAINS SERVICES
- PLEASE SCAN THE QR CODE FOR MATERIAL INFORMATION
PROPERTY DESCRIPTION
Smart Millerson Estate Agents are absolutely delighted to bring to the market this truly exceptional Grade II listed apartment, a property that effortlessly marries historic charm with contemporary comfort. Steeped in character, this home boasts striking exposed brickwork and beautifully preserved beams, which provide a warm and inviting atmosphere while serving as a reminder of its timeless appeal. Perfectly suited for first-time buyers looking to step onto the property ladder, or investors seeking a highly desirable rental opportunity, this apartment offers both style and substance. With an expected rental income of £895 per calendar month and the added flexibility of holiday letting, it represents an opportunity to combine lifestyle with financial reward. Furthermore, the property is secured by a rare and highly valuable 999-year lease, originally granted in 2004, ensuring long-term peace of mind for any purchaser.
Stepping through the entrance, you are immediately greeted by a bright and airy hallway that leads seamlessly into the heart of the home. The ground floor accommodation includes an expansive lounge/diner, awash with natural light, creating an ideal environment for both relaxed living and elegant entertaining. Adjacent to this is a contemporary, well-appointed kitchen, thoughtfully designed with a full range of integrated appliances that cater perfectly to modern-day culinary demands. A convenient downstairs W.C. completes the ground floor, adding a practical touch to the sophisticated layout.
Ascending to the first floor, the property continues to impress with a generously proportioned double bedroom that exudes character and charm. The exposed beams overhead lend a sense of history and architectural interest, while the en-suite bathroom provides a private retreat, offering both comfort and convenience. This combination of historic features and modern fittings creates a harmonious balance between the old and the new, making the apartment an inviting and versatile space.
Externally, the property benefits from a location that is both central and convenient, within walking distance of a range of local amenities including shops, cafes, and other lifestyle essentials. Security and peace of mind are enhanced by a modern intercom system, allowing residents to manage visitors with ease. The apartment is fully connected to mains water, electricity, and drainage, falls under Council Tax Band B, and is subject to a annual service charge of £1,400.
LOCATION
Penryn is a historic, character-filled Cornish town that blends its deep heritage with contemporary living. Famous for its narrow lanes, distinctive architecture, and friendly atmosphere, it offers a lifestyle rich in culture and convenience. As one of Cornwall’s oldest settlements, its maritime past can still be seen throughout the waterfront and traditional buildings. Today, Penryn has grown into a lively centre with an expanding creative community, independent boutiques, inviting cafés, and artisan dining spots, making it an attractive place for both long-time residents and newcomers. The town also hosts parts of the University of Exeter’s Cornwall campus and Falmouth University, bringing a vibrant student presence and youthful energy. With strong public transport connections including a train station offering direct routes to Truro and its close proximity to the bustling coastal town of Falmouth, Penryn provides an ideal mix of relaxed living with easy access to both urban conveniences and seaside attractions.
THE ACCOMMODATION COMPRISES
(all measurements are approximate)
ENTRANCE HALLWAY
Skimmed ceiling. Skylight. Smoke alarm. Recessed spotlights. Under-stairs storage cupboard. Intercom system. Radiator. Multiple plug sockets. Skirting boards. Vinyl flooring. Doors leading into:
OPEN PLAN LOUNGE/DINER
Skimmed ceiling. Exposed beams. Recessed spotlights. Single glazed window to the rear aspect. Two electric heaters. Television point. Multiple plug sockets. Skirting. Vinyl flooring.
KITCHEN
Skimmed ceiling. Smoke alarm. A range of wall- and base-mounted storage cupboards and drawers. Integrated Beko oven with four-ring hob and extractor hood over. Splashback tiling. Stainless steel sink with mixer tap and drainer. Integrated under-counter fridge, freezer, dishwasher and washing machine. Multiple plug sockets. Tiled flooring.
DOWNSTAIRS W.C.
Skimmed ceiling. Exposed beams. Extractor fan. Consumer unit. Storage cupboard housing the hot water cylinder. Splashback tiling. Wash basin with mixer tap. W.C. Tiled flooring.
FIRST FLOOR LANDING
Skimmed ceiling. Velux window. Plug socket. Skirting boards. Carpeted flooring.
BEDROOM
Velux window. Skimmed ceiling. Exposed beams. Recessed spotlights. Built-in storage cupboard. Electric heater. Television point. Multiple plug sockets. Skirting boards. Carpeted flooring. Door leading into:
EN-SUITE
Skimmed ceiling. Extractor fan. Exposed beams. Splashback tiling. Mains-fed shower over the bath. Shaver point. Wash basin with mixer tap. Heated towel rail. W.C. Tiled flooring.
TENURE
The property benefits from a rare and highly valuable 999-year lease, originally granted in 2004, offering exceptional long-term security and peace of mind for any purchaser. The property is subject to an annual service charge of £1,400.
SERVICES
The apartment is fully connected to mains water, electricity, and drainage, falls under Council Tax Band B.
MATERIAL INFORMATION
Verified Material Information
Council Tax band: B
Tenure: Leasehold
Lease length: 977 years remaining (999 years from 2004)
Service charge: £1400 pa
Lease restrictions: A copy of the lease is available from SMART Millerson
Property type: Flat
Property construction: Converted grade 2 listed warehouse
Energy Performance rating: C
Electricity supply: Mains electricity
Solar Panels: NoOther electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: None is installed.
Heating features: Night storage
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good
Parking: None
Building safety issues: No
Restrictions - Listed Building: Grade 2 listing
Restrictions - Conservation Area: Penryn in Cornwall is a designated conservation area. The designation, originally established in 1969, covers a significant portion of the old town, recognizing its historic Tudor, Jacobean, andGeorgian buildings
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: Yes
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: Wide doorways
Coal mining area: No
Non-coal mining area: No
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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