Manufactured by Pye of Cambridge in 1955 the Fenman 2 was the luxury 10 valve version. It had additional circuitry plus 4 speakers fitted 2 at the front and 1on each side of the cabinet. It also supported a magic eye tuning indicator, which was a popular gimmick innovation at the time; this idea was also later used in tape recorders as a sound level, input distortion indicator.

The Fenman 2 cost £30.4s.2d + p/tax.