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Sample reception
Sample reception
Sample kitchen
Sample bedroom
Sample bedroom
Sample bedroom
Sample Bathroom
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Rare opportunity to buy a freehold tenanted block in the university city of Cambridge

£2,685,000
8 Unit Block
VES-CB2-395

Features


NO OF UNITS
8

USE
Residential

TENURE
Freehold

PRICE
£2,685,000

AGGREGATE RENT
£106,920

GROSS YIELD
4%

TOTAL SQUARE FOOTAGE
4,941

PRICE PER SQUARE FOOT
£543

TENANCY STATUS
Tenanted

FURNISHED
No

Block Overview

  • Total No. of Units: 8 x apartments
  • 6 x 2 beds and 2 x 1 bed
  • Freehold block
  • Aggregate rent: £8,910 pcm; £106,920 pa
  • Tenancy types: ASTs
  • Fully tenanted investment portfolio

Property Features

  • Video-entry phone access
  • Fitted kitchen with integrated appliances
  • Stone worktops
  • Open plan kitchen/diner
  • Master bedroom with en-suite

Available on request

  • Portfolio Breakdown
  • Unit Detail
  • EPCs for all units
  • Unit Documentation

All leasehold details are based on information supplied by the vendor and should be verified by the purchaser’s solicitor.

Need more information?

REQUEST BLOCK DETAILS

Floorplans

Floorplan 1
Floorplan 2
Floorplan 3
Floorplan 4

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Cambridge

Cambridge is a popular and thriving area, with a wealth of history. Located in the south of the county of Cambridgeshire, it has excellent road and rail connectivity throughout the region, with journey times to London taking around 2 hours by road and around 50 minutes by train.

The population of Cambridge is in the region of 122,700, which is a rise of just over 14% in the last 10 years. Cambridge is also one of the largest educational centres in the UK, with over 30,000 students attending its 2 universities.

Cambridge had the second highest employment rate in the UK in 2014. It has seen a 12,400 increase in the number of jobs between 2004-13, just above national average. Nearly half of them were created in the private sector and around a third of positions were knowledge-intensive.

The wider Cambridgeshire region follows the same trend. This is a combination of excellent connectivity and companies locating to the area to get the pick of the student graduates.

The cost of residential property in Cambridge has risen by some 7.2% in the last 12 months and by a little over 34% in the last 5 years according to Zoopla. That means Cambridge property investment is ideal for you if you're looking for a popular and thriving area.

Cambridge has plenty of innovative projects underway for improvements to the area such as a £600,000 renovation of the central library and new schools in Trumpington. A major Wi-Fi network has recently been launched in Cambridge city centre, with over 100 local open spaces and public buildings being transformed into free Wi-Fi hotspots.

Ellis Road,

Cambridge,

Cambridgeshire,

England,

CB2 9BG


Performance

GROSS RENTAL YIELD
4%
RENT PER ANNUM
£106,920
HPI GROWTH (5 YRS)
30.3%

Important Note

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