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£200,000

Studio for sale

Manhattan Drive, Cambridge, Cambridgeshire CB4

  • Leasehold

    • 1 bath

    • 1 reception

  • EPC Rating: C

Key information

  • Tenure

    Leasehold (Ask agent)

  • Service charge

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

Tucker Gardner - Cambridge Sales

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About this property

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******attention investors******
This well presented studio apartment is being offered for sale with tenants in place to avoid any kind of void period. Currently let at £1000 pcm, offering a very healthy 6% yield.

Part of an established development just to the north of the River Cam, is this deceptively spacious studio apartment, with a separate kitchenette and bathroom, offering a superb investment opportunity.

The apartment resides on the top floor of the development, accessible via communal stairs or a lift. Measuring circa 272 square feet, the accommodation is comfortable and would provide any occupant or occupants the ability to reside within a stone’s throw of the historic Cambridge City Centre and local amenities. Upon entering the apartment, you are presented with a small landing area, allowing for direct access to the kitchenette in front and bathroom to the left hand side. The kitchenette provides a good amount of storage at both eye and waist level, stainless steel sink with hot/cold mixer tap and accompanying draining board. The area further benefits from a free standing cooker with four ring hob above and extractor over with further space for a free standing fridge/freezer to be installed.

The bedroom/living room is a good size and measures circa 167 square feet. The room benefits from an abundance of natural light via a large window to the rear aspect, as well as a large built-in wardrobe for storage. The partially tiled bathroom suite is well-appointed, complete with white fittings throughout, including a low-level w/c, mid-level wash basin containing separate hot and cold taps, separate storage unit underneath, large vanity mirror above and finally panelled bath with shower over.

Mayflower House benefits from panoramic views over the landscape to the North of the City of Cambridge, with the apartment itself benefiting further from shared resident parking on site.

Viewing for a property within this quiet setting, to the North of the city centre, comes highly advised.

Agent Note:
Council Tax Band – A
Lease remaining - 141 Years
Service Charge - £2100 Per Annum
Ground Rent - £250 Per Annum
Management Company - Midsummer Maintenance, The Estate Office, Midsummer Meadows, Cambridge, CB4 1JT

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