1 Bedrooms Flat for sale in Glenoven Court, Searle Street, Cambridge CB4 | £ 250,000
Overview
Price: | £ 250,000 |
---|---|
Contract type: | For Sale |
Type: | Flat |
County: | Cambridgeshire |
Town: | Cambridge |
Postcode: | CB4 |
Address: | Glenoven Court, Searle Street, Cambridge CB4 |
Bathrooms: | 1 |
Bedrooms: | 1 |
Property Description
Bright, Spacious and Stylish one bedroom apartment located just north of the river Cam. A great location for first time buyers and investors alike, book your viewing now to avoid disappointment!
Location
- 2 Miles to Cambridge Mainline Train Station, offering services to London in less that an hour.
- 1 Mile to the City Centre
- 2.1 Miles to the Science Park
- Just a 8 Minute drive to join the A14 (Junction 32)
Please note all times and distances are approximate.
Searle Street
Searle Street is a fantastic residential road just to the north of the river cam in the prestigious West Chesterton, with fantastic local amenities nearby including supermarkets, convenience stores and fantastic transport links both into and away from Cambridge City Centre. The key features of this area are stunning architecture, a variety of local parks including Jesus Green and Alexandra gardens and a simple walk or cycle into the historic Cambridge City Centre. Local Employment hubs include local university colleges, the science and business parks and a huge range of retail stores and restaurants.
The Property
Located in a small and private development, this property is one of the larger apartments in its block, this home features an exquisite open plan living and dining area with a well-equipped galley kitchen featuring an integrated fan oven and induction hob. The stand-out feature of this home is the magnificent spiral staircase which leads to the bright upstairs mezzanine bedroom with enough floor space for a large double bed and four velux windows. Adjacent to the bedroom area is a modern bathroom which features sleek tiling and a three piece suite. To the rear of the block is an allocated parking space with four visitor spaces shared between the developments tenants. Also included for tenants is secure bike storage.
Open-Plan Living/Dining
As you enter the property you are greeted into this expansive living and dining area with a wonderful spiral staircase and access to the kitchen. Windows to front and rear, carpeted flooring and neutral decor.
Kitchen
A modern style with integrated fan oven, induction hob and extractor fan to compliment the matching range of eye and base level cabinets. Tiled flooring and window overlooking the rear of the block.
Mezzanine Bedroom
A large sleeping area with velux windows to front and rear along with access to the bathroom. Carpeted and decorated in a neutral decor.
En-Suite Bathroom
A stylish three piece suite comprising of a paneled bath with shower over, low-level w/c and a pedestal sink. Tiled flooring and window to rear of block.
Outside
The front of the property has direct access to Searle Street via a communal stairway, along with access to the secure bike storage and car park to the rear which is finished in a courtyard style.
The Fine Details
Local Authority: Cambridge City Council
Council Tax Band: C - £1602.67 for 2019/20
Tenure: Leasehold
Lease Length: Approximately 97 years remaining
Service Charge and Ground Rent: Approximately £1000 per annum
Cambridge Investor Information
Investor Information - Based on a sale at £250,000 and potential rental income of £975pcm, we calculate that the property has the potential to produce an annual pre-tax profit of £1726 representing a 4.48% yield.
(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 £73,750 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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