Mill Road, Cambridge, Cambridgeshire, CB1

£200,000

Guide price

  • Bedrooms: 1
*CALLING ALL CASH INVESTORS*

A well-presented, first floor studio apartment positioned within the popular area of Mill Road, a stones throw from Parker's Piece, within walking distance to the Train Station and City Centre.

Offered for sale with no onward chain, preferable to sell to a cash investor as there is already a young professional tenant in situ.

Fitted contemporary kitchen with base and wall mounted units, integrated appliances and feature lighting. Electric oven and hob with extractor above, an integrated washing machine and fridge with small freezer at the top. The bedroom area has a built-in floor to ceiling wardrobe with rail. There is a modern shower room with shower cubicle, electric shower, w/c and wash basin.

There is a bike rack to the rear of the property and on street parking available from the city council.

The apartment will be sold furnished with the following items:

2 chests of drawers, a 2 seater sofa, a double bed, bedside table, fold away dining table with 4 chairs and wall clock.

Ground Rent: £150pa

Service Charge: £850pa

Lease length: 118 yrs remaining

Current Tenant pays: £795pcm (yield 4.8%)

The same tenant has been in residence for over two years and has paid £795pcm throughout.

The property is solely powered by electric with an electric hot water unit under the sink (with 2.5 years left on the electrical domestic appliance certificate). The tenant is responsible for paying utility bills and council tax themself:

EPC Rating C.

Council Tax Band A.

Marketed by Arrange viewing 01787 312401

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