**Standout Features:**
- Investment opportunity with a stable income of £43,440 per year
- Comprises 6 self-contained flats, each generating rental income
- Freehold property with Grade II Listed status
- Central location in Penryn; close to amenities and transport
- Potential for income growth through renovation
- Off-street parking and communal storage space available
**Summary Description:**
Seize this prime investment opportunity in the heart of Penryn! This impressive Georgian-style building, rich in character, contains six self-contained studio flats currently generating a robust income of £43,440 per annum. Perfectly situated on Higher Market Street, the property boasts convenient access to local shops, cafes, and public transport, making it attractive to prospective tenants. Each flat is well-designed with electric heating, dedicated utilities, and communal facilities that include a laundry area and outdoor space.
As a Grade II Listed building, the property holds historical significance, and while it is fully tenanted, there exists significant potential for rental increases post-renovation—ideal for savvy investors looking to boost yields. Although the building has some dated elements, such as visible damp marks in certain flats, these provide an opportunity for updates that can enhance both appeal and value. Don't miss the chance to own this fully tenanted investment property in a bustling urban setting!
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