Substantial freehold residential investment comprising a modern purpose-built apartment block in the thriving university town of Penryn. Offering strong rental demand and future development potential, this is a rare opportunity to acquire a high-quality, income-generating asset in a sought-after Cornish location.
The property, known as Sterling Court, consists of 18 newly built one and two-bedroom apartments, finished to a high standard and designed to meet the growing demand for quality residential accommodation. The development spans approximately 11,000 sq ft (NIA), providing well-proportioned living spaces ideally suited to professionals, students, and long-term tenants.
Penryn is home to the Tremough Campus, shared by Falmouth University and the University of Exeter, ensuring consistent demand from both student and professional markets. The town’s popularity continues to grow, supported by its proximity to Falmouth, strong transport links, and vibrant local amenities.
The investment is further enhanced by existing planning permission for the development of two additional apartments, offering clear scope to increase rental income and overall asset value. As one of the only recently delivered apartment blocks of scale in the area, the property benefits from limited direct competition and sustained occupancy demand.
Enquire now to secure this prime residential investment opportunity in Penryn.
