Penryn
South West
£235,000
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
2Type
Semi DetachedArea
668 sqftFeatures
- Garden
- Parking
Description
This two-bedroom semi-detached house is on the Little Oaks development on the outskirts of Penryn, within a mile of the university and close to local amenities, including two supermarkets. The accommodation includes an entrance porch, a living room with a gas fire and under-stair storage, and a kitchen/breakfast room with fitted units, gas hob, electric oven and space for a small table. Upstairs are two bedrooms, a shower room and loft access. The property is described as needing some updating, giving a buyer scope to refresh the existing accommodation.
Outside, there is an enclosed rear garden with a paved patio, shingle area, planted borders and a garden shed. A front garden and driveway provide off-road tandem parking for up to three cars. The house is freehold, has mains services connected and is offered with no onward chain.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a tidy, usable two-bedroom home with a spacious living room, an enclosed garden and driveway parking for three cars. The older décor, worn bedroom flooring and dated shower-room finish offer a manageable light-refurb canvas, while the kitchen appears functional and intact. The location near Penryn’s amenities and university adds to the appeal.
The overall opportunity is weak rather than a clear value buy: the asking price is slightly above the local £/sqf benchmark, and purchase plus the estimated £5,000–£12,000 refurbishment looks tight against local benchmarks. It may suit a buyer who values the parking, garden and chance to personalise the finishes, but there is limited room for costs to run over.
Key opportunities
- Refresh the older décor and worn bedroom flooring to give the interiors a more current feel.
- Update the dated but intact shower-room finishes as part of a light cosmetic project.
- Make the most of the spacious living room, enclosed garden and driveway parking for three cars.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£888
Based on a loan of £176,250 over 30 years at 4.45% 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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