Property Details: • Type: End of Terrace • Tenure: N/A • Floor Area: N/A
Key Features: • 7 Bedroom HMO Licensed For 8 Tenants • Scope For Further Elargement STPP • Popular Residential Location • 132.8 SQM / 1429.1 SQFT • Walking Distance To City Centre • Off Street parking • Courtyard Garden • No Onward Chain
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 169 Mill Road, Cambridge, CB1 3AN
Full Description: A substantial bay fronted Victorian end terrace licensed HMO - 7 beds, 8 tenants. Ideally situated with a 5 mins walk to the station - King’s Cross, Liverpool Street and soon the Addenbrookes site; plus an easy walk to the city centre; buses to the science parks and ARM; plus the increasingly growing professional services area and tech research (Microsoft and Apple) area growing along the Station Road commercial hub.Being sold with no onward chain. Current tenants and target market are young professionals who love the house and location. Easy to let and retain tenants. Measuring over 1400 SQFT with further opportunity to expand into the loft space, cellar (plastered) and rear; subject to the necessary consents. Ripe for a co-living development or simply bag this rarity for when ready, while enjoying the steady income in the meantime. Benefits from a 3 phase electrical supply. In brief the accommodation consists of a wide entrance hallway, stairs rising to the first floor and stairs leading to the cellar. The large communal kitchen/dining room has everything needed with plenty of storage space and plumbing for appliances. The ground floor has 3 bedrooms while bedroom 4 has an ensuite shower/WC. There is a ground floor communal WC, with space for a shower install. The first floor accommodation has 4 bedrooms. Bedroom 1 has a separate living room and ensuite shower/WC. Bedroom 7 has a balcony overlooking the garden The main bathroom has a shower, basin and WC. At the front of the house there is an off street parking space. Currently not let out. The rear courtyard garden is paved and enclosed by a high brick wall; with a secure wooden gate onto Felton Street. AGENTS NOTEWe have been advised the current yield is 8.36%Tenison Road is located off Mill Road. Mill Road is a thriving commercial road with a unique atmosphere and a wealth of retail shops and services. There is schooling for most ages, catchment for St Pauls Primary School and Parkside, several parks and this area is within easy walking distance of the railway station, Liverpool Street and Kings Cross, Addenbrooke's Hospital and the City Centre.BrochuresTenison Road, Cambridge
