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Dobede Way, Soham, Cambridgeshire, CB7 5FN

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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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.

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Key features

  • Tenanted investment opportunity
  • Healthy rental yield
  • First floor apartment
  • Two bed, two bath
  • Allocated parking space
  • Juliette balcony
  • Modern development
  • Secure intercom entry
  • Excellent transport links
  • Enquire for video tour

Description

This modern first-floor apartment presents an ideal turnkey investment, being sold with a tenant in situ and providing immediate rental income. Situated in a low-rise block, the property offers well-proportioned accommodation and the convenience of allocated parking.

The apartment comprises two double bedrooms, including a master with en-suite shower room, a further family bathroom, and a bright open-plan living/dining space with a fitted kitchen. Well maintained and practical, it is perfectly suited for long-term rental demand.

Soham is the second largest town in East Cambridgeshire, located between Ely (6 miles) and Newmarket (7 miles), both offering a wide range of shopping and leisure facilities. The A142 provides excellent road connections to Cambridge via the A14, making the town a popular choice for commuters. London Stansted Airport is around 40 minutes away via the A11.

The town benefits from a good selection of amenities including a Co-Op, Asda, small eateries, pubs, a leisure centre, doctor’s surgery and hairdressers. Families are drawn to the area for its strong education options, with three primary schools feeding into the highly-rated Soham Village College. The recently reopened train station connects to Ely and the mainline to Cambridge and London, further boosting its appeal.

For investors, this property offers a rare chance to secure a modern, low-maintenance flat with a reliable tenant in place, in a location that continues to show strong rental demand.

Financial Breakdown

Gross Rent: £11,100.00
Net income: £8,677.00
Gross yield: 7.4%
Net yield: 5.78%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08276
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.
Yes
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

Dobede Way, Soham, Cambridgeshire, CB7 5FN

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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-08276. 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 yieldit, Manchester. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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