11 bedroom detached house for saleArbury Road, Cambridge, CB4
Guide Price £1,500,000
A thriving and long-established Bed & Breakfast premises situated just off Milton Road close to good local facilities and only about 2 miles north of the city centre.
City centre - 2.0 miles
Science/Business Parks - 1.2 miles
Proposed new train station - 1.4 miles
11 bedrooms 2 large reception rooms Established B&B Development potential Large garden Extensive parking Commercial energy rating: D
Situated in an established and popular north-city residential area, this substantial detached property occupies a surprising large plot with broad frontage and off street parking for numerous vehicles. From the property there is good access to the region's main commuter routes (A14, M11, A1), the Cambridge Science & Business Parks, the forthcoming new train station at Chesterton, the city centre and university.
Currently operating as a thriving B&B business built up by the present owners over a period of almost 30 years, the property is very clean and well-presented throughout. The living accommodation is extremely versatile and could be adapted to provide various configurations. The existing layout includes separate ground floor living quarters for the owners comprising a spacious living room, kitchen/breakfast, three bedrooms and a bathroom. Also on the ground floor, there is an entrance hall with WC off, a visitors dining room and two further double rooms both with en suite. Five rooms at first floor level two with en suite and 2 separate shower/WCs.
In terms of development potential, there are likely to be a number of options. The current owners have recently obtained planning permission for a sizeable garage within the rear garden which might offer annexe potential in the future. Also, the loft space of the main property is voluminous and may be suitable for conversion to provide additional accommodation. Furthermore, if on-site accommodation for the owners were not required, the number of lettable rooms could possibly be increased to eleven rooms or more (s.t.c.) thereby substantially raising the gross annual income (which is conservatively estimated by the owners to presently be circa £85,000). It is also felt that there may be scope to build an additional dwelling or dwellings at the end of the garden although no formal representations have yet been made to the local planning authority. Similarly there may be scope to re-develop the entire site and interested parties are encouraged to make their own enquiries with regard to the viability of any such scheme.
The property is set back some distance from the pavement with forecourt parking for several vehicles and a 'drive-through' facility giving access to a number of parking spaces within the sizeable rear garden. There is gated pedestrian and vehicular access from Maio Road which is a small private residential cul-de-sac at the rear.
Services: mains gas, water, electric and drainage
Viewing: Strictly by appointment through the selling agents, Carter Jonas
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