Radcliffe and Rust (Radcliffe and Rust Limited T/A)
Tel: 01223 307898
Email: info@radcliffeandrust.co.uk
Beacon Rise, 150 Newmarket Road
Cambridge
Cambridgeshire
CB5 8AX
High Street, Chesterton, Cambridge
Guide Price £750,000
1 Bedroom
- Investment opportunity for three units
- First floor flat
- Shop unit
- Studio
- Close to Cambridge City Centre and Cambridge North Station
- Wealth of local ammenties
- Total size: 182 Sq. M. / 1,959 Sq Ft.
- Chain free
Chesterton is a delightful area, known for its community spirit and proximity to the vibrant city of Cambridge. Residents can enjoy local amenities, including shops, cafes, and parks, all within easy reach. The excellent transport links make commuting a breeze, whether you are heading into the city centre or exploring the beautiful surrounding countryside.
This property presents a wonderful opportunity for investors.
A unique opportunity to purchase a mix use freehold, comprising converted two bedroom first floor flat, shop unit and single story unit (currently used as an art studio).
The three properties are being sold under one title and offer an investor a return of 5% per annum.
The properties feature a two bedroom flat, with living room, kitchen and bathroom, ground floor shop unit with sales floor, storage room and toilet, studio with four spaces, kitchen and toilet.
Please call or email Radcliffe & Rust to register your enquiry.
Agent notes
Tenure: Freehold
Shop rent: £1,200 PCM
Flat rent: £1,050 PCM
Studio rent: £900 PCM
ROI = 5% per annum
Council tax for flat Band: B
Rateable value on Shop unit: £8,300 per annum
Rateable value on studio: £7,600 per annum
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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