Key features
- Extended 177 year lease
- Close to Arm Holdings
- Top floor apartment
- Close to Addenbrookes
- Double Glazed Windows
- Electric Heating
- Potential for over 7% gross yield
- Council Tax Band Tax B
- Service Charge £1525 p/a approx
- Ground Rent - £110 p/a
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
ASK AGENT
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
ASK AGENT
Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
ASK AGENT
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
ASK AGENT
Material information
ExpandProperty Description
A fantastic opportunity to purchase a top floor 1 bedroom apartment in a very popular location close by to public transport links. An ideal first time buy or investment purchase. No onward chain, The property would provide over a 7% gross annual yield once refurbished.
INTRODUCTION A fantastic opportunity to purchase a top floor one bedroom apartment within the popular suburb Cherry Hinton to the south-west of the city, convenient for access to Addenbrookes Hospital, ARM Holdings and the city centre. An ideal first time buy or investment purchase. The property would provide over a 7% gross annual yield once refurbished. Early internal viewing is high recommended.
ENTRANCE HALL 3' 2" x 10' 11" (0.98m x 3.34m) Electric panel heater, loft access hatch, carpet.
BEDROOM 9' 9" x 13' 3" (2.99m x 4.06m) Double glazed window to side aspect, electric panel heater, carpet.
LIVING / DINING ROOM 11' 1" x 16' 10" (3.39m x 5.15m) Double glazed windows to side and front aspects, electric panel heater, carpet, door to kitchen.
KITCHEN 6' 10" x 7' 10" (2.10m x 2.39m) Double glazed window to front aspect, a range of base and wall mounted kitchen units, stainless steel sink, space for cooker, plumbing for washing machine, cupboard housing hot water tank, tiled floor.
BATHROOM 7' 8" x 5' 3" (2.34m x 1.62m) Ceramic basin with vanity unit below, bath with electric shower over, low level w/c, chrome electric towel radiator, ceramic tiled floor and walls.
OUTSIDE One car parking space in the communal carpark, lawned communal gardens surrounding the main building.
LEASE DETAILS AND CHARGES Lease Length - 177 years remaining
Service Charge £1525 p/a approx
Ground Rent - £110 p/a
Council Tax Band - B
EPC Rating Band - D
Similar properties
"Christianne Jonathon and Roy Very many thanks for all your hard work advice, support, and patience Maybe we’ll meet again All good wishes to you all"