- HMO with Yield of Approximately 9.5% +
- Sought After Residential Location +
- Potential to Remodel into Family Home +
- Independent Lower Ground Floor Apartment +
- Attractive Victorian Building Offering Potential to be Developed (STPP) +
An attractive mid terraced Victorian building occupying a sought after position on Cherry Hinton Road offering fantastic investment opportunity with a yield of approximately 9.5% and the ability to be remodelled into a family home. Currently set up as a HMO arranged over four floors with the lower ground floor offering an independent one bedroom apartment, the ground floor set up with unit 1, 2 & 3, the first floor set up with unit 4, 5 & 6 and the second floor set up with unit 7.
Lower Ground Floor Flat - With private entrance, kitchen area, shower room, living/ dining room and a bedroom
Ground Floor -
Entrance Hallway - With entrance door, stairs to the first floor, doors to
Unit 1 - Room with bay window to the front aspect, worktop with inset sink, range of base level units, space for fridge
Unit 2 - Room with window to the rear aspect, worktop with inset sink, range of base level units, space for fridge
Unit 3 - Room with windows to the side aspect, door leading to private kitchen, shower room and wc, direct access to garden
First Floor -
Landing - With doors to
Unit 4 - Room with windows to the rear aspect, worktop with inset sink, range of base level units, space for fridge and private shower room
Unit 5 - Room with window to the rear aspect, worktop with inset sink, range of base level units, space for fridge
Unit 6 - Room with bay window to the front aspect, worktop with inset sink, range of base level units, space for fridge. with self-contained shower room
Second Floor -
Unit 7 - Room with dormer window to the rear aspect, eaves storage, worktop with inset sink, range of base level units, space for fridge and private shower room
Outside - The front of the property offers a generous area to store bins leading to a pathway with steps up to the main entrance and steps down to the lower ground floor apartment.
The rear garden enjoys a south facing aspect and is laid to patio with steps up to Unit 3.
Agent's Note - Total rent of £5,905.00 per calendar month.
Council Tax bands are split:
BASEMENT FLAT -BCambridge
ROOM 3 -ACambridge
ROOM 4 -ACambridge
ROOMS 1 2 & 5 -BCambridge
ROOM 6 -ACambridge
ROOM 7 -ACambridge