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8 Bed HMO, Cambridge, CB1 3QJ £850,000

71 Greville Road, Cambridgeshire, CB1 3QJ - 18 views - 2 years ago
  1. Deal Search
  2. Cambridge
  3. CB1
  4. CB1 3QJ
Sold STC
HMO
ROI: 6%
~177 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Cambridge
  • More Deals in CB1
  • More HMO Deals
  • More HMO Deals in Cambridge
  • More HMO Deals in CB1

Property History

Listed for £850,000

January 16, 2024

Sold for £293,500

2010

Floor Plans

Description

  • Excellent location close to Cambridge Station and the city centre +
  • Close to a wide range of amenities +
  • Good investment opportunity producing good gross yields +
  • Fully HMO Licensed +

71 Greville Road offers an exciting opportunity to purchase an 8 bedroom investment property close to Mill Road and Cambridge Station. Currently generating gross annual yields of 8.82%, this is a solid on-going investment with a full letting’s history.

8 double en suite bedrooms – large fully equipped kitchen / breakfast room – separate communal living room – utility room – entrance hall – off-street parking – rear garden with seating area and bicycle storage

This large, comfortable and well-kept semi-detached house has a long history as a quality HMO residence, situated in a pleasant residential area in between Cherry Hinton Road and Mill Road, close to a wide range of facilities and Cambridge Station.

The accommodation is arranged over three spacious floors with the benefit of a separate, purpose-built communal living room.

The ground floor comprises a large reception hall providing a utility room, a modern and well-equipped kitchen with ample storage space, extensive working surfaces and dining area with breakfast bar. There are three double bedrooms, all with ensuite shower rooms.

The first-floor landing leads to three large double bedrooms, all with ensuite shower rooms.

The second floor comprises two large double bedrooms, both with ensuite shower rooms.

Outside, there is a private rear garden providing a seating area, bicycle storage, a detached communal living room with Wifi connection.

Location - Greville Road is located in the popular Romsey Town area on the south side of the city, close to restaurants, cafés and independent shops on Mill Road and cinema and leisure facilities on Cherry Hinton Road / Hills Road corner. The property is within walking distance of Cambridge Railway station accessed from the Rustat Road cycle bridge, it is convenient for Addenbrooke's Hospital, the Biomedical Campus and the University. Also within easy reach of schools both in the state and private sector including Hills Road Sixth Form College.

Agent's Note - HMO licences are no longer transferable – The purchaser of the property will need to reapply for the licence.
There is currently a management company in place managing the maintenance and cleaning of the property who would be happy to continue.

Tenure - Freehold

Services - All mains services connected.
Gas radiator central heating system

Statutory Authorities - Cambridge City Council.
Council Tax Band - D

Fixtures And Fittings - Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest.

Viewing - Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.

Agent Details

Redmayne Arnold & Harris, Cambridge

01223 972789

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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