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Station Road, Penryn, Cornwall TR10 - Image 1
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Station Road, Penryn, Cornwall TR10

South West

£85,000
Listed on 09/10/2025

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents a valuable opportunity for development in Penryn, featuring a plot that comes with approved planning permission for a two-bedroom house, complete with designated parking. The location offers significant advantages, situated directly opposite the Penryn train station, which enhances accessibility for both residents and potential tenants. The surrounding area is characterized by its close proximity to the University Campus at Tremough and the amenities of Penryn town. As a historic market town, Penryn boasts an engaged community and essential facilities including primary and secondary schools. The transport links are particularly favorable, with regular bus services and train connections to Falmouth, Truro City, and beyond, making it an attractive option for those commuting or studying locally. With the granted planning permissions in place (reference: PA24/09287), this site holds considerable investment potential. It not only allows for immediate construction but also offers scope for future value appreciation given its strategic location within a vibrant community. This plot represents a compelling choice for developers looking to create housing that meets local demand or investors aiming to capitalize on the growing real estate market in this area.

Investment Analysis

(TR10 area)
Area Average
£350/sq ft
Avg Rent (weekly)
£493
Avg Yield
7.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR10)

Area prices are rising by +8.2% over the last 12 months
3 year growth: +3.5%
5 year growth: +20.7%
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

Station Road, Penryn, Cornwall TR10
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Mortgage Calculator

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£
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%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 over 30 years at 3.91% 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.

Price History

-29.2% since listed
£85,000£15,000(-15.0%)
02/04/2026
Current price
£100,000£20,000(-16.7%)
28/12/2025
£120,000Initial listing
08/10/2025

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