Cherry Hinton Road, Cambridge
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- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- TENUREDescribes 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
- Converted Victorian Residents
- Four one bedroom apartments
- Communal rear garden
- Wealth of local ammenities
- Half-a-mile from Cambridge Railway Station
- One mile from Cambridge City Centre
- ROI 9% per annum
- No onward chain
- 360 degree virtual tour available on request
Description
Cherry Hinton Road benefits from being at the heart of this bustling and energetic district, that is famous within the city for its wide range of schools, colleges, convenience stores, eateries, public houses and cafes, together with Cambridge Leisure, a supermarket, restaurant and cinema complex to the north of Cherry Hinton Road which is nearby. Cambridge has become the focus of the countries technology and bio-science industries, which in turn has created a multitude of related businesses. This factor alone has fuelled a booming local economy and created a wealth of employment opportunities for young professionals. Cherry Hinton Road has become a popular area for those working in these tech industries, such as the new Bio medical Campus which is just is two miles to the west and the renowned Science and Business Parks that are just three miles to the north.
A well presented and spacious semi-detached Victorian residence, extending to 1,577 Sq. Ft. / 146.6 Sq. M and converted into four, well proportioned, one bedroom flats. The four flats generate a substantial income of £80,400 per annum, creating a ROI yield of over 9% per annum
The ground floor accommodation comprises: communal entrance hall with stairs leading to the first floor communal landing and two, one bedroom ensuite apartments, both benefitting from open plan living/kitchen areas and generous double bedrooms.
To the first floor there is a spacious communal landing leading to the further two one bedroom ensuite apartments, both benefitting from open plan living/kitchen areas and generous double bedroom.
To the front of the property, there is an allocated parking space and side access to the rear garden. The rear of the property allows for bike and bin storage, with a read gate that leads to a garden area. Although not currently used, by the tenants, this area could be tidied to create further entertaining area for the tenants, or potentially developed for further accommodation (STP)
Each of the flats are individually named: Darwin, Newton, Holcroft and Gilmour. Each flat offers a spacious and open plan living/kitchen area and double bedroom with ensuite.
Utilities that are currently covered by the landlord: Wifi £60.65, Water rates £66.00, Cambridge City Council £81.00 - currently on reduced rate business rates, Energy £300.00 (all per calendar month).
EPC shows results for the flat: Darwin. All EPC are downloadable from this property record.
All tenancies are on Assured Shortold tenancy agreements (ASTS) and are rented out with an combined rent of £80,400 per annum.
No onward chain
Brochures
Cherry Hinton Road, CambridgeBrochure- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cherry Hinton Road, Cambridge
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Visit our security centre to find out moreDisclaimer - Property reference 33393498. 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 Radcliffe & Rust Estate Agents, 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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