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5 bed house for sale The Terrace, Penryn, TR10

Asking price

£349,950

Added on 23/10/2026

Type: House
Bedrooms: 5
Tenure: Freehold

Council tax Band C

Key features

Tenure: Freehold
Fully let 5-bedroom student investment property
New tenancy secured for academic year 2026–2027
Generating £39,000 gross annual rental income
Attractive 11.14% gross yield
Consistently tenanted since 2002
Grade II Listed period townhouse
Five spacious double bedrooms licensed HMO
Large rear garden rare for central Penryn
Prime town centre location close to university amenities
Local Authority: CORNWALL COUNCIL
Council Tax Band: C
Water Supply: Direct Main Waters
Electricity Supply: National Grid
Sewerage: Standard
Heating Supply: Gas Central
Construction Materials: Stone Built
Roof Material: Slate Tiles
Is Loft Boarded: No
Outside Space: Type - Rear Garden
Outside Space: Description - The Impressive Rear Garden Is A Standout Feature, Extending To Approximately 100ft (30m) And Providing A Substantial Outdoor Retreat Within This Sought-After Central Penryn Location. Mainly Laid To Lawn, The Garden Enjoys A High Degree Of Privacy Thanks To Its Mature Borders, Established Trees, Attractive Stone Walling And Fencing. A Pathway Runs The Length Of The Garden, Leading To A Rear Access Gate And Enhancing The Practicality Of This Exceptional Outdoor Space.
All Others: Ask Agent

About this property

THE LOCATION

The property is situated in the heart of Penryn town centre, elevated above Lower Market Street and ideally positioned within walking distance of the town’s wide range of amenities, shops, cafés, supermarkets, schools, transport links and university campus. One of Cornwall’s oldest and most historic market towns, Penryn combines period charm and a strong sense of community with an increasingly vibrant atmosphere influenced by the nearby Falmouth and Exeter University campus.

Floorplan

Council tax

Band C

Property timeline

Listed

October 2026 £349,950

5 beds · this listing

Past sales can't be shown: the agent hasn't given the house number.

Location

The Terrace, Penryn, TR10

Open map Street View

Mortgage and stamp duty

Property price £349,950

£174k £525k

Deposit10% £35,000

£0 £350k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £314,950 mortgage. Most lenders would want a household income of about £70,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.