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SOLD STC

Elizabeth Way, Cambridge, Cambridgeshire, CB4

PROPERTY TYPE

Terraced

BEDROOMS

11

BATHROOMS

4

SIZE

2,428 sq ft

226 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Attractive Victorian Villa
  • Spacious accommodation extending to approximately 2428sqft
  • Fully compliant HMO
  • Providing an excellent investment yield of 7%
  • Current rents being acheived of £65,280PA
  • Excellent capital appreciation potential
  • Scope to update and improve the property further
  • Superb location close to Cambridge City Centre
  • Well located, within walking distance of Anglia Ruskin University

Description

An attractive Victorian mid terrace Villa, providing a superb investment opportunity, currently in the form of a fully compliant HMO, with 11 individual room lets. The property has been run by the same landlord as a successful HMO for more than 15 years. The property is ideally located on Elizabeth Way, just a short walk to the historic Cambridge City Centre and the River Cam. The property currently provides an excellent 7% gross yield, with currents rents being achieved of ££65,280, with the potential to improve on this. EPC RATING: BAND C.

The Setting
Elizabeth Way, is a road connecting the Ward of Chesterton and the main Cambridge City Centre. Elizabeth Way incorporates the now famous Elizabeth Way bridge, providing a key road link into the historic city centre, over the River Cam. There is a local off-license within a short-walk, as well as a Tesco Hypermarket and further retail park on the nearby Newmarket Road.

The Accommodation
The property provides spacious accommodation of three floor extending to approximately 2428sqft. the accommodation in brief
comprises of 11 bedrooms, 5 on the ground floor along with a communal shower room, 5 on the first floor, again with a communal WC and shower room, and a further room and shower room on the second floor. There is a communal living and kitchen area centrally on the ground floor and outside, to the rear, the property benefits from a communal paved courtyard area with bike racks.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Elizabeth Way, Cambridge, Cambridgeshire, CB4

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambridge North1.2 miles
  • Cambridge Station1.3 miles
  • Waterbeach Station4.3 miles
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About the agent

Arkwright & Co, Cambridge

Cambridge

Arkwright & Co, Cambridge

Arkwright and Co. is a family run estate agency with a network of branches specialising in both residential and commercial sales and lettings. With extensive knowledge and long standing professional experience in London, Cambridge and Saffron Walden, Arkwright and Co. prides it self on providing a service of the highest quality, which is tailored to meet all of our clients requirements.

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Disclaimer - Property reference elizabethway. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Arkwright & Co, Cambridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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