5 Unit Block
stamp duty: £25,000
mortgage fees: £1,500
conveyancing fees: £5,000
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
The Vendor now has planning approval to erect a one-bedroom detached property to the side. This would bring in an additional £700 per month (ERV) based on the performance of the other similar units in this block. The planning documents are available upon request.
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
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This is an opportunity to purchase a block of 5 flats in the town of Soham, which is situated in the east of Cambridgeshire.
Soham is located just off A142 between New Market and Ely, which leads off the A14 from Cambridge. These properties are just a short half an hour drive to the university city of Cambridge. Alternatively, for those looking to commute to Cambridge or further Ely station is just 20-minutes away via bus. From Ely station one can get regular services to locations such as King’s Lynn, Birmingham, Nottingham, Sheffield, Manchester and Liverpool.
Fortunately, this household is on the highstreets of this town and so one can benefit from the local restaurants, pubs and shops that it has to offer. There is also easy access to the local supermarkets and the local sports centre which includes gym services. This collection of flats is a perfect investment opportunity, as the tenants are already in place and this is a prime residential area for those that live in this town.
This property could be ideal for a young family seeking local schooling options for their children, St Andrew’s CofE Primary School & The Weatherfalls School are both under ten-minutes away and offer schooling from the ages of 3-11. For those looking for secondary school education Soham Village College is just around the corner from these properties and offers mixed-sex education up to 16.
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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