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Mutton Row, PENRYN, Cornwall, TR10 - Image 1
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Mutton Row, PENRYN, Cornwall, TR10

South West

£250,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace Cornish cottage presents a unique opportunity for renovation and investment, ideally situated on the outskirts of Penryn town centre. The property is conveniently located within walking distance to local amenities, making it a practical choice for future tenants or homeowners. With its traditional character features and potential for modern updates, this residence is worth considering for those looking to create their own space or add value through thoughtful renovations. The exterior showcases classic Cornish architecture with a slate roof and large windows that invite natural light into the home. A welcoming entrance includes two small steps leading up to a traditional wooden door, complete with a brass knocker. Inside, the living room (3.70 x 3.37) offers a cozy atmosphere with tiled flooring and a sizable wooden sash window, enhancing the charm of the space. A built-in shelving alcove provides functional storage options. The kitchen/dining area (3.43 x 3.31) is well-equipped and exudes potential for upgrades, featuring neutral-toned cabinetry that could be refreshed to suit personal tastes. This area benefits from ample light thanks to both a skylight and sash window overlooking the private courtyard garden. Included appliances such as a Smeg hob and Gorenje fan oven offer immediate functionality, while practical features like under-stairs storage and overhead cabinets enhance usability. A modern family bathroom (3.04 x 1.54), fitted in 2019, provides a clean slate with fully tiled walls and floor, along with essential fixtures including a shower over the bath. Its well-ventilated design includes an extractor fan and frosted double-glazed window. Upstairs you will find two generously sized double bedrooms; the master bedroom (3.47 x 3.95 max) benefits from built-in wardrobes and abundant light from another large sash window, while the second bedroom (3.05 x 2.54) similarly includes built-in storage and views of the garden. The exterior features an enclosed patio courtyard garden adorned with granite boundary walls that offer privacy alongside raised stone flowerbeds for year-round greenery—an ideal setting for outdoor relaxation or potential landscaping projects. For added convenience, there is an allocated parking space located just 50 yards from the property. Overall, this residence not only holds historical charm but also presents considerable renovation potential in a desirable location rich in community spirit and amenities—making it an excellent candidate for first-time buyers or investors looking to capitalize on Penryn's growing appeal.

Investment Analysis

(TR10 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£492
Avg Yield
7.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TR10)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -0.8%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on TR10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mutton Row, PENRYN, Cornwall, TR10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% interest

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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE