5-6, Market Street
St Austell
Cornwall
PL25 4BB
St. Gluvias Street, Penryn
Guide Price £279,500
3 Bedroom Apartment
- NO ONWARD CHAIN
- WITHIN WALKING DISTANCE TO LOCAL AMENITIES
- PROPERTY IS BEING SOLD WITH A THIRD OF THE FREEHOLD
- EXTREMLY POPULAR LOCATION
- IDEAL INVESTMENT
- THREE DOUBLE BEDROOMS
- RENTAL INCOME OF 1490 PCM
- RENTAL YIELD OF 6.4%
- CONNECTED TO ALL MAINS SERVICES
- PLEASE SCAN QR CODE FOR MATERIAL INFORMATION
ATTENTION INVESTORS ! Smart Millerson Estate Agents are delighted to present this spacious three-bedroom apartment, offered to the market with no onward chain and vacant possession. Previously let as a successful student property, it has demonstrated strong rental potential, while also offering an excellent opportunity for those seeking a well-proportioned home in a convenient location.
PROPERTY DESCRIPTION
Smart Millerson Estate Agents are delighted to present this spacious three-bedroom apartment, offered to the market with no onward chain and vacant possession. Previously let as a successful student property, it has demonstrated strong rental potential, while also offering an excellent opportunity for those seeking a well-proportioned home in a convenient location.
The accommodation comprises three generously sized double bedrooms, a bright and airy living space, a well-equipped kitchen, and a modern bathroom. The versatile layout lends itself equally well to family living, professional sharers, or those working from home.
Additional benefits include a private balcony, ample storage throughout, and a highly convenient position close to local amenities and transport links. With proven rental demand in the area, the property presents a compelling option for investors, while its space, layout and location make it an equally attractive and practical home.
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
( Please see all measurements on the floorplan)
FIRST FLOOR LANDING
Smoke alarm. Large built-in storage cupboard . Radiator. Multiple plug sockets. Skirting. Carpeted flooring.
KITCHEN
Double glazed windows to the rear aspect. A range of wall and base fitted storage cupboards and drawers. Wall mounted gas boiler. Splash back tiling. Stainless steel wash basin with drainage board. Space for oven, under counter washing machine and fridge freezer. Radiator. Multiple plug sockets. Skirting. Vinyl flooring. Double glazed door leading out to the balcony.
LIVING ROOM
Double glazed window to the side aspect. Radiators. Television point. Multiple plug sockets. Skirting. Carpeted flooring.
BEDROOM ONE
Skimmed celling. Double glazed window to side aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpet.
BEDROOM TWO
Skimmed celling. Double glazed windows to side aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpet.
BEDROOM THREE
Skimmed celling. Double glazed window to side aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpet.
BATHROOM
Skimmed celling. Frosted double glazed window to the side aspect. Mains fed shower. Wash basin. W.C. Radiator. Vinyl flooring.
SERVICES
Additional benefits include connections to mains gas, drainage, water, and electricity, and the property falls within Council Tax Band A.
TENURE
This property is leasehold with 988 years remaining on the lease.
AGENTS NOTE
As a one-third freeholder, any required external works will be split equally between the other freeholders.
MATERIAL INFORMATION
Verified Material Information
Council Tax band: A
Tenure: Leasehold
Lease length: 988 years remaining (999 years from 2015)
Lease restrictions: Check the lease
Property type: Flat
Property construction: Standard construction
Energy Performance rating: D
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Mains gas-powered central heating is installed.
Heating features: None
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Great
Parking: None
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: It is not listed
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
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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