50 Lower Market Street, Penryn
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50 Lower Market Street, Penryn

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We have confidence in this estimated current valuation Updated recently
£24,700
Or £161 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Sep 10, 2022
£170,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 50 Lower Market Street, Penryn, a cozy and compact terraced type home with 2 bed in the TR10 8BH area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built before 1900 and has a reported internal area of 113.0 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £24,700 and a rental potential of £161 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Sep 10, 2022. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" TO BE SOLD BY THE MODERN METHOD OF AUCTION.

⋅ No Onward Chain
⋅ Two Good Sized Bedrooms
⋅ Gas Central Heating
⋅ Partial Double Glazing
⋅ Generous Rear Garden
⋅ Central Penryn Location
⋅ In Need Of Modernisation And Refurbishment


** NO ONWARD CHAIN - IDEAL RENOVATION PROJECT! ** Available for sale is a good-sized two-bedroom mid-terrace cottage. The property requires renovation throughout; however, once brought up to a modern standard would be an excellent investment for a buy-to-let investor or even a family home. The accommodation affords a hallway, lounge, dining room, kitchen and bathroom. On the first floor, there are two double bedrooms. On the second floor is an attic. Outside to the rear, there is a cellar and an enclosed garden.

Located within this historic and ancient market town with an active community and good everyday facilities including nursery, primary and secondary schools. The town enjoys good communication with Falmouth via its bus service and train station, which links to Truro City and, in turn, mainline Paddington. Penryn is enjoying something of a renaissance with the siting of the FalmouthExeter University at Tremough and Penryn‘s inner harbour‘s regeneration and development.

Falmouth town (approximately 2 miles away) remains one of the most popular towns in Cornwall and is steeped in maritime history. At the mouth of the River Fal lies one of the world‘s finest natural harbours, Carrick Roads. Falmouth has long been a popular boating and water sports location with its proximity to sheltered and unsheltered waters. There are many attractions to be enjoyed locally, with Pendennis Castle and the National Maritime Museum leading the way, plus a wide variety of shops and galleries in the town centre.

Entrance Hall
Laminate flooring. Multi-paned window. Panelled door leading to the living room.

Lounge Room
Window to front aspect. Laminate flooring. Shelving to two sides. Electric heater. Panelled door leading to:

Inner Hall
Radiator. Consumer unit. Walk in cupboard. Stairs to the first floor. Opening to:

Dining Room
Radiator. Cupboards to two sides. Opening to kitchen

Kitchen
Range of wall and base mounted units with work surfaces over. White ceramic 1.5 bowl with mixer tap. Space for fridge and freezer. Two double-glazed windows to the side aspect and rear aspect.

Rear Porch
Double-glazed door to rear garden. Door to bathroom.

Bathroom
Window to rear aspect. Pedestal hand wash basin, low-level WC and panelled bath. Radiator.

First Floor
Turning stairs to attic. Doors off to:

Bedroom One
Window to front aspect. Radiator. Mantelpiece. Cupboard to one side.

Bedroom Two
Double-glazed window to rear aspect. Fireplace and mantelpiece. Cupboard to one side. Radiator.

Second-floor turning stairs to:

Attic Room
Boarded flooring.

Outside
Steps down to the garden.

Rear Garden
An enclosed private garden in need of some TLC. Outside water tap.

Accessed via the rear garden.

Cellar
Door and window to rear aspect. Plumbed for washing machine. Ceramic sink. Britony combi boiler.


**Auctioneers Comments:
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.



"

Property Data

Data point Compared to road
146 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £112 Try Mortgage Tracker
Energy £1,123 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Penryn College
0.1mi
Penryn Primary Academy
0.2mi
Mabe Community Primary School
0.5mi
Nearby Stations
Penryn Station
0.4mi
Penmere Station
1.9mi
Falmouth Town Station
2.7mi
Falmouth Docks Station
2.9mi
Perranwell Station
3.5mi

Comparable properties

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Strengths and Opportunities

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Renovation improvements

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000
🤔
Greener Home
This could increase your home value by £5,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 50 Lower Market Street, Penryn worth?

    50 Lower Market Street, Penryn is now worth £24,700 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 50 Lower Market Street, Penryn - click click here to get a valuation with no strings attached.

  2. What is the rental value of 50 Lower Market Street, Penryn?

    The current rental valuation for this property is £161 per month, within a price range of £144 and £177.

  3. How many bedrooms does 50 Lower Market Street, Penryn have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 50 Lower Market Street, Penryn?

    Nearby schools in include Penryn College, Penryn Primary Academy, Mabe Community Primary School,

    Nearby stations in include Penryn Station, Penmere Station, Falmouth Town Station, Falmouth Docks Station, Perranwell Station.

  5. What type of property is 50 Lower Market Street, Penryn

    This is a Terraced property. There are 21 other Terraced properties on LOWER MARKET STREET, and 41 in total.

  6. When was 50 Lower Market Street, Penryn built? How old is 50 Lower Market Street, Penryn?

    50 Lower Market Street, Penryn was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Truro, Cornwall Penryn, Cornwall Falmouth, Cornwall Helston, Cornwall Camborne, Cornwall Redruth, Cornwall Marazion, Cornwall Penzance, Cornwall