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Lower Market Street, Penryn, Cornwall, TR10 8BG

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

448 sq ft

42 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Studio Apartment
  • Close to all Local Ammenties
  • Fitted Kitchen
  • Ideal Home on Investment
  • Open Plan Living
  • No Onward Chain
  • Grade II Listed
  • Three Piece Bathroom Suite

Description

Nestled in the heart of Penryn, this charming Grade II listed studio apartment on Lower Market Street presents a unique opportunity for first-time buyers, those seeking a convenient investor property. Boasting a central location, the property is perfectly positioned to take advantage of all local amenities, from independent shops and cafes to essential services, all within easy walking distance.

The apartment itself offers a thoughtfully designed open-plan living space, maximising both light and functionality. The layout seamlessly integrates the living, dining, and sleeping areas, creating a versatile environment that can be adapted to suit individual needs. High ceilings and period features, characteristic of its Grade II listed status, add a touch of historical elegance and character to the contemporary interior.

The fitted kitchen is practical with storage and workspace. Adjacent to the main living area, the well-appointed three-piece bathroom suite provides a comfortable and private space, featuring contemporary fixtures and fittings with a storage area.

One of the most appealing aspects of this property is the absence of an onward chain, promising a smoother and potentially quicker transaction for prospective buyers. This makes it an even more attractive proposition for those looking to move swiftly or secure an investment property without unnecessary delays.

As an investment, this studio apartment holds significant appeal. Its desirable location, combined with its unique character and 'no onward chain' status, positions it as a strong contender for rental income, particularly given the enduring popularity of Penryn as a destination. For owner-occupiers, it represents an affordable entry into a sought-after area, offering a low-maintenance lifestyle without compromising on convenience or charm.

This property truly offers the best of both worlds: a piece of Penryn's heritage combined with modern living comforts. Early viewing is highly recommended to fully appreciate the unique qualities and potential of this delightful Grade II listed studio apartment.

Material Information

Tenure: Leasehold
Lease length: 979 years remaining (999 years from 2006)
Service charge: £780/year
Council tax band: A
EPC rating: E
The building
Mid-terrace flat, standard construction
Accessibility adaptations: None
Services
Mains electricity
Mains water
Mains foul drainage
Mains surface water drainage
Heating: None
Heating features: Night storage
Broadband: ADSL copper wire
Mobile coverage: O2 good, Vodafone great, Three great, EE good
Parking: None
Risks and restrictions
Grade 2 listed
Not in a conservation area
No tree preservation order
Title register restrictions (CL233910)
- The property must provide structural support and protection to the neighbouring buildings.
- The owner must allow utility services, such as gas, water, and electricity, to pass through pipes and wires located on the property to serve neighbouring land.
- The owner must allow neighbours to enter the property at reasonable times, provided they give written notice, to inspect or repair their utility pipes and wires.
- The owner must allow neighbours to enter specific areas of the property (marked on the official plan) to paint or maintain their own buildings if the work cannot be done any other way.
- The property must allow rainwater from neighbouring roofs to flow into its gutters and downpipes
- The owner must allow a right of way for people to walk across specific passageways and yard areas, but only in the event of an emergency.No environmental risks recorded.

Disclaimer

Smart Property Group and its clients give notice that; they have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation, or other consents, and Smart Property Group has not tested any services, equipment, or facilities. Purchasers must satisfy themselves by inspection or otherwise. Smart Property Group is a member of The Property Ombudsman scheme and subscribes to "The Property Ombudsman Code of Practice.”

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lower Market Street, Penryn, Cornwall, TR10 8BG

Approximate location

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Affordability

Monthly repayments£531
Property: £ 110,000
Deposit: £ 11,000
Interest rate: 4.99%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Smart Property Group, Penryn - Sales

Quay Hill, Penryn, TR10 8GU

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Disclaimer - Property reference MLL_PNR_LFSYCL_1208_1371553402. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Smart Property Group, Penryn - Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.