3 bedroom semi-detached for sale

£435,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Refurbished in 2023, this immaculately presented three-bedroom property provides spacious, exceptionally light-filled accommodation with far reaching views across Penryn to St Mawes Castle and The Roseland from the first floor. With lovely proportions, high ceilings, an extended ground floor and two bathrooms, this truly is a home that would be a joy to live in.

The property has a lovely arched, open entrance porch with half-paned front door, leading into a well-lit entrance hall. A spacious lounge is to the front aspect with a large south-east facing semi-circular bay window that floods the room with natural light.

To the rear of the ground floor there is an extended open-plan kitchen, dining room and snug. Only a couple of years old, the kitchen is in immaculate condition, fully fitted with sleek white gloss floor and wall units. There is an integrated fridge-freezer, washing machine, dishwasher, electric oven and ceramic hob with extractor hood. A casement window looks into the garden, whilst a Velux window and glass patio doors to the garden provide lots of additional light. There are built in cupboards in the snug, and, in the dining area, a built-in cupboard conceals the gas boiler. Back in the hallway, there is a downstairs WC under the stairs.

On the first floor, a side window provides lots of natural light to the landing and stairwell. There is a spacious master bedroom with a large bay window flooding the room with natural light and providing magnificent far-reaching views across Penryn to St Mawes Castle and the Roseland. There is a modern ensuite shower room with a vanity unit inset with a ceramic basin and mixer tap, a WC, corner shower cubicle and a heated ladder towel rail.

A second double bedroom and a single bedroom look out over the rear garden. The double bedroom has built-in wardrobes either side of the chimney breast which also has a decorative fireplace. Finally, there is a shared bathroom, with a shower over bath, a glass panel shower screen, a vanity unit inset with a ceramic basin and mixer tap, WC, and a heated ladder towel rail.

Externally to the front, the property can be accessed on foot, via steps, from Kernick Road. The property is in an elevated position set back from the road by a lovely front garden, with a paved path and gravelled areas surrounded by plants, bushes and a fence providing a good degree of privacy. The garden extends along the side of the property, where there is a shed and a patio outside the kitchen. To the rear there is a lawn, with a path leading to the back gate, the garage and the parking area on Poltisko Terrace.


Freehold
Gas central heating and hot water
UPVC double-glazed windows and patio doors
Garage (with power)
Generous off-street parking
Front and rear gardens
Garden shed
Mains gas, electricity and water
EPC C
A Mundic Test was carried out in 2022 and a Class A certification was given to the building.


LOCATION
Kernick Road links the A39 with Penryn town centre. Within a 1 mile radius youll find plenty of amenities, including a choice of supermarkets, schools, delightful cafes, sports clubs, yoga studios and independent boutiques.

Penryn Primary School is just 0.4 miles / under a 10 minute walk away and Penryn College is just 0.1 miles / around a 3 minute walk away!

Bus and rail links are also easily at your disposal with Penryn Railway Station just 0.5 miles away.

Penryn is a stones throw from the larger town of Falmouth which has a vibrant cultural scene and the local beaches of Swanpool and Gyllyngvase are a short drive or cycle ride away, along with beautiful countryside and coastline to explore.

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 361575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 10875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 35325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message