Property investment stats for Penryn, South West

• The private rental market is robust, with a student population in the 99th percentile and a rental yield of 4.8%, so there’s clear demand for shared and smaller units.
• The top-performing postcode district offers a rental yield of 4.7%, presenting an opportunity for investors who focus on yield.
• With a median sale price for 2-bedroom flats at £200,000, entry costs are relatively accessible for the South West, which may appeal to first-time or smaller-scale investors.

• The unemployment rate sits in the 90th percentile, so tenant stability and arrears risk may be higher than average.
• Capital growth over the past year has changed by -0.1%, so investors looking for short-term gains may need to temper expectations.
• The market is dominated by private renters and students, so void periods could rise outside term time or if university demand shifts.

Looking ahead, Penryn’s strong student market and high proportion of younger residents should continue to underpin rental demand. The private rented sector’s size, in the 83rd percentile, suggests that investors will find a ready pool of tenants, especially for smaller homes and flats.

Capital growth has been steady over three years, with an annualised figure of 4.8%, but the most recent year saw a change of -0.1%, so expectations for price growth should be realistic. With houses spending about 104 days on the market and a median discount of £5,000 (the typical achieved discount), buyers have some bargaining power.

Overall, Penryn offers a mildly positive outlook for investors who are comfortable with the dynamics of a student-driven, private rental market, and who are prepared for some variability in tenant demand and capital growth.