Truro Lane, Penryn, TR10

High-Yield Investment Opportunity
Lang Llewellyn & Co present this well-maintained, income-generating property in Penryn, comprising a four-bedroom semi-detached house and a self-contained studio flat. Fully let until July 2026, it produces a gross annual income of £32,100, offering a 9.04% yield based on the £355,000 asking price.

Main House Features

• Four bedrooms, two bathrooms, lounge, and kitchen

• Gas central heating, double glazing, private garden, and off-road parking

Studio Flat

• Separately let with electric underfloor heating

Location
Situated near Penryn town centre, university campuses, and transport links. Local amenities include shops, dining, pubs, and creative spaces.

Entrance

Entrance hallway into the property from the front door with laminate flooring and doors to the kitchen, lounge and bathroom respectively.

Kitchen

3.6m x 2.5m

With laminate flooring, a good range of base and wall units, wall mounted boiler, timber panelled ceiling, double glazed window to the rear, under stairs cupboard and large range cooker with extractor over.

Lounge

2.8m x 3.5m

Centrally located on the ground floor with timber flooring, partly panelled walls, stairs to the first floor and double glazed window.

Ground Floor Bathroom

This bathroom has walls which are panelled and is fitted with a white suite which consists of a wc, hand basin and bath with shower screen and wall mounted shower attachment. This room also benefits from an obscured double glazed window and heated towel rail.

Bedroom 1 (Ground floor)

3.4m x 4.3m

Accessed from the lounge, this double bedroom benefits from two double glazed windows giving far reaching views.

First floor Landing

Stairs rise to the first floor landing which has doors to the bathroom and the three bedrooms. A further door gives access to the storage cupboard.

Bedroom 2 (First Floor Front)

3.7m x 3.6m

This double bedroom has a double glazed window giving far reaching views. Partly restricted head room and fitted wardrobes with sliding doors complete this room.

Bedroom 3 (First floor rear):

4.3m x 2.5m

This is the third double bedroom and has partly restricted head room and double glazed window to the rear of the property.

Bedroom 4 (First floor)

2.48m x 2.11m

Centrally located on the first floor, this single bedroom has a double glazed window to the side elevation and restricted head room.

Bathroom (First floor)

This bathroom is has fully tiled walls and is fitted with a white suite comprising of a wc, hand basin and bath with shower screen and wall mounted shower attachment. This room also benefits from an obscured double glazed window and heated towel rail.

Self Contained Studio

The studio is a relatively spacious self contained area with access from the front of the building. Originally a garage which has been converted with is area offers an open living area with laminate flooring, good range of kitchen units and two double glazed windows. This are has room for a sofa and open doorway to the rear where the bedroom are and shower room is located.

The bedroom area has a continuation of the laminate flooring and has room for a double bed.

The shower room contains a double shower enclosure with electric shower and wall panelling. A built in sink, wc and extractor fan complete this room.

Agents Notes

Currently let until Summer 2026, this four-bedroom house plus self-contained studio generates a gross annual income of £32,100.
The property has mains water, gas, electricity, and drainage, with utilities charged separately.
The studio features electric underfloor heating and no gas supply.
Council Tax Band: C. EPC Rating: D for the studio; Main house EPC Rating: C.
Flood risk is very low for both surface water and rivers/seas.
Viewings and enquiries via Lang Llewellyn & Co, the sole agent. As one of Cornwall’s largest letting agencies, they offer full buy-to-let services including rental valuations.
Disclaimer: All property details are provided in good faith but without warranty.

Garden

This property has self contained and private external spaces which give an area for alfresco dining.

Parking - Off street

The property benefits from a parking space to the side.