2 Bedrooms Flat for sale in Fanshawe Road, Cambridge CB1 | £ 285,000

Property Description

A fantastic opportunity for first time buyers and investors alike! A well-proportioned second floor apartment with two double bedrooms, a large living room, separate bathroom and W/C. A small balcony and outside store cupboard finish off this neat property. Available with no upward chain.

Location

Conveniently located just:
- 0.7 Miles to Cambridge's Main line station providing trains to London in as little as 52 Minutes
- 1.8 Miles to the City Centre
- 2.1 to the Addenbrookes Hospital and Biomedical Campus
- 0.5 Miles to the Beehive shopping center
- Just a 14 Minute drive to join the M11 ( Junction 11)

All distances and times are approximate.

Fanshawe Road

Fanshawe Road is a residential street slightly to the south of Cambridge's city centre which couldn't provide a better location, with the mainline train station only a few minutes walk away. The location also offers easy access in to the city center and Cambridge Leisure park, which offers shops, restaurants, a cinema, gym and a music/events venue (The Junction). Slightly to the north is Mill Road, a bustling area of cafes, restaurants and shops with many community projects making this a very desirable place to settle. Easily accessible to the south is Addenbrookes hospital and the biomedical campus, providing local employment hubs reachable through a variety of cycle and bus routes. There are a variety of supermarkets within a short distance, including the asda superstore in the beehive centre and Coldhams Lane Sainsburys, also offering a petrol station.

The Property

A bright and spacious two bedroom home which would suit first time buyers and investors perfectly. The property is dominated by a large living area, just adjacent to the kitchen fitted with matching eye and base level cabinets, washing machine, fridge and an integrated freezer. The home benefits from two large double bedrooms, providing ample space for a young family. A separate Bathroom and W/C are well placed adjacent to the same hallway as the two bedrooms. Outside of the property is communal parking and grass lawn areas planted with a variety of trees and daffodils. A private storage cupboard for the property is placed to the rear of the block.

Entrance Hall (1.38 x 1.82 (4'6" x 5'11"))

As you walk into the property, you are greeted into its entrance hall featuring laminate flooring, a wooden cabinet and doors to; The living room, kitchen, balcony and a deep storage cupboard.

Living Room (5.11 x 3.35 (16'9" x 10'11"))

A large room for greeting friends and family or just relaxing. A variety of media points are available and two windows face over the front of the property. Fitted with carpet and a neutral decor.

Kitchen (2.1 x 3.36 (6'10" x 11'0"))

A well proportioned room with a matching range of base and eye level cabinets with a large amount of worktop space. A sink with drainer, integrated gas hob with electric oven and extractor fan, washing machine and refrigerator are available with an integrated freezer also present. Tiled flooring and a window to the rear.

Hallway (3.1 x 1.03 (10'2" x 3'4"))

Hallway with laminated flooring and providing access to; Both bedrooms, the living room, kitchen, bathroom and W/C.

Bathroom (1.55 x 2.2 (5'1" x 7'2"))

Fitted with a two piece suite including a bath with shower unit over and sink with cabinet stand beneath. Neutral decor and laminate flooring. Window to the rear

W/C (2.25 x 0.71 (7'4" x 2'3"))

Fitted with a high level flush W/C and laminate flooring. Window to rear.

Bedroom One (3.59 x 3.4 (11'9" x 11'1"))

Fitted with carpet and providing two storage cupboards. Windows to the front and side polish off this fantastic double bedroom.

Bedroom Two (3.31 x 3.35 (10'10" x 10'11"))

A second double bedroom fitted with carpet and providing a large inlay. Window to the rear.

Balcony (1.21 x 2.21 (3'11" x 7'3"))

A small balcony facing the rear of the block with a safety railing and a pleasant area for a bistro set.

The Fine Details

Local Authority: Cambridge City Council
Council Tax Band: B - £1329.27 per annum
Tenure: Leasehold
Lease Length: 105 Years Remaining
Service Charge: Belvoir Cambridge is awaiting this information and will be happy to provide it to any interested parties as soon as we are in receipt of this information
Ground Rent: Belvoir Cambridge is awaiting this information and will be happy to provide it to any interested parties as soon as we are in receipt of this information

Cambridge Investor Information

Investor Information - Based on a sale at £285,000 and potential rental income of £1150pcm, we calculate that the property has the potential to produce an annual pre-tax profit of £5680 representing a 6.7% return on the capital employed per annum.

(please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary. Figures are based on a 75% Buy to Let mortgage at 2.49% interest using £85,300 of capital including the mortgage deposit, stamp duty and conveyancing costs. All calculations assume a full managed lettings service)

Lettings

Belvoir Cambridge also offer a professionally accredited property management and lettings service. If you are considering purchasing an investment property or looking to use our buy-to-let expertise to review your current portfolio, please call Belvoir Cambridge on .

Belvoir Cambridge Disclaimer

Belvoir Cambridge Disclaimer - Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract.

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