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4 bedroom block of apartments for sale
Cherry Hinton Road, Cambridge
£825,000
Cherry Hinton Road, Cambridge
£825,000
Price History
Initial price | £875,000 |
20/11/24 | £825,000 |
Price Change | -5.71% |
Description
Radcliffe & Rust is pleased to present this stunning Victorian block of one-bedroom apartments located on Cherry Hinton Road in central Cambridge. The property benefits from being close to Cambridge Railway Station, the city center, and a regular bus service, making it an ideal location for young professionals working in the tech and bio-science industries. The apartments, which total 1,577 Sq. Ft., have been converted from a semi-detached Victorian residence and feature open-plan living areas, generous double bedrooms, and ensuites. The property generates a substantial income of £80,400 per annum, yielding over 9% per annum. The ground floor has two one-bedroom apartments, while the first floor has two more, each with its own allocated parking space and side access to the rear garden. The property is fully let on Assured Shortold tenancy agreements, with utilities currently covered by the landlord. With a 360-degree virtual tour available, this is an excellent opportunity for investors or those looking for a unique and stylish living space in the heart of Cambridge.