- 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 +
134 Coleridge Road offers an exciting opportunity to purchase a 7-bedroom investment property close to Mill Road, Cambridge Station and Addenbrooke’s Hospital. Currently generating gross annual yields of 8.19%, this is a solid on-going investment with a full letting’s history.
7 double bedrooms (4 with ensuite facilities) – large fully equipped kitchen / breakfast room – communal living room – utility room – entrance hall – WC – shower room - 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 Addenbrooke’s Hospital / Biomedical Campus.
The ground floor comprises a large reception hall, 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, a communal living room with ensuite shower room and a utility room and WC off an inner hallway.
The first-floor landing leads to three large double bedrooms, two with ensuite shower rooms. There is a separate shower room off the landing area.
The second floor comprises two large double bedrooms.
Outside, there is a private rear garden providing a seating area and bicycle storage.
Location - Coleridge Road is very well placed for both the railway station and Addenbrooke's Hospital. There is local shopping and amenities nearby including a leisure park with cinema complex, restaurants, bars, convenience stores and a library on Rock Road. There is primary schooling at Morley Memorial School and secondary schooling, private schooling and sixth form colleges within the vicinity.
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.