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Madras Road, Cambridge

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

925 sq ft

86 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

  • Investors Only – Tenant in Situ
  • Current Rental Income of £1,800 PCM
  • Gross Rental Yield of 4.32%
  • Attractive Victorian Terraced Property
  • Two Generous Double Bedrooms
  • Two Versatile Reception Rooms
  • Spacious Four-Piece Family Bathroom
  • Approximately 926 Sq Ft of Accommodation
  • Enclosed Private Rear Garden
  • Popular Romsey Location, Convenient for Mill Road and Cambridge Railway Station

Description

An attractive and well-presented Victorian terraced property, situated in the popular and well-established Romsey area of Cambridge. Offering approximately 926 sq ft (86.1 sq m) of accommodation across two floors, this charming property combines traditional period features with modern conveniences and represents an excellent opportunity for investors seeking an established rental property.

The property is being sold with a tenant in situ, currently generating £1,800 per calendar month (£21,600 per annum), providing an immediate rental income for the incoming purchaser.

The front reception room is currently utilised as a comfortable sitting room and benefits from a large sash-style window, allowing plenty of natural light to fill the space. An attractive period fireplace with a timber surround provides a charming focal point, while neutral décor creates a bright and welcoming atmosphere. The second reception room is currently arranged as a dining room, although its flexible layout also lends itself to use as a third bedroom, study or additional living space, subject to the purchaser's requirements. A window overlooking the rear garden provides natural light, while the room offers convenient access to the kitchen.
The kitchen is fitted with a range of cream shaker-style wall and base units, complemented by timber-effect worktops and colourful tiled splashbacks. Integrated cooking appliances, space for additional white goods and a large window overlooking the rear garden create a practical and functional space.

Bedroom one is an impressive double room extending to approximately 17'8" in length, benefiting from two windows providing excellent natural light. The room features attractive exposed wooden floorboards and offers ample space for bedroom furniture, a desk and additional storage. Bedroom two is another comfortable double bedroom, featuring a decorative period fireplace, neutral décor and a window overlooking the surrounding residential area. The particularly spacious family bathroom is fitted with a four-piece suite comprising a panelled bath, separate glazed shower enclosure, pedestal wash basin and WC. Additional features include timber flooring, a radiator and a frosted window providing natural light and ventilation.

To the rear, the property benefits from an enclosed private garden, predominantly laid to lawn with established trees, shrubs and planted borders. A paved patio immediately adjoining the house provides space for outdoor seating, while a further pathway leads towards a timber garden shed and rear access gate. The garden offers an appealing outdoor space, particularly attractive for tenants seeking a property with private external accommodation.

Madras Road is situated within the sought-after Romsey area of Cambridge, a popular residential neighbourhood known for its Victorian properties, independent shops, cafés and convenient access to the city centre.
The property is well positioned for access to Mill Road, renowned for its diverse range of independent retailers, restaurants, cafés and everyday amenities.
Cambridge railway station is also within convenient reach, providing regular services to London King's Cross, Liverpool Street and other regional destinations.
The location is particularly appealing to professionals working in central Cambridge, at the railway station and at the various employment and research centres across the city. 
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
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.
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Madras Road, Cambridge

Approximate location

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Affordability

Monthly repayments£2,513
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Martin & Co, Cambridge

191 Mill Road, Cambridge, CB1 3AN
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Welcome to Martin & Co Cambridge

Experts in Lettings, Property Management, Estate Agency, Property Sales & Buy to Let

The multi-award winning branch of Martin & Co Letting & Estate agents in Cambridge is located on Mill Road in the heart of the city. The agency has an excellent local reputation and a dedicated team of friendly, professional, well-trained and highly-qualified staff.

Martin & Co Cambridge provides a comprehensive and cost-effective letting, property management, buy to let and estate agency service throughout Cambridge and the surrounding villages, specialising in efficiently letting and selling properties to high quality tenants and buyers. We also offer potential landlords and investors free and impartial advice on Cambridge buy-to-let opportunities.

With close links to the local community, each year Martin & Co Cambridge sponsors a number of local primary school events, while also being involved in a range of other community and charity events in the city.

Fully Licensed and Regulated:

Martin & Co Letting & Estate agents in Cambridge is a licensed member of the Association of Residential Letting Agents (ARLA Propertymark), ensuring high standards of letting practices, client accounting and customer service, and offering peace of mind to landlords, tenants, vendors and purchasers. Martin & Co Cambridge is also part of the National Federation of Property Professionals Client Money Protection Scheme (CMP), and registers and protects all tenant deposits with the Deposit Protection Service (the DPS). Staff are qualified with the National Federation of Property Professionals (NFoPP), and attend regular industry training to stay ahead of changing legislation and housing law.

Contact Us:

If you're a landlord or tenant looking for a reliable, honest and fully-regulated Cambridge Letting Agent, or if you are looking to buy or sell in the Cambridge area and are looking for a professional and trustworthy Estate Agent in Cambridge, please contact Martin & Co Cambridge today on 01223 275 150 or email us at cambridge@martinco.com

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Disclaimer - Property reference 100979003517. 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 Martin & 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.

*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.
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