8 Bed Semi-Detached House For Sale Coleridge Road, Cambridge, CB1

£850,000- Semi-Detached

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Last Updated: 23rd April 2024

Description

134 Coleridge Road offers an exciting opportunity to purchase a 7-bedroom investment property close to Mill Road, Cambridge Station and Addenbrooke’s Hospital. Currently generating gross annual yields of 8.19%, this is a solid on-going investment with a full letting’s history.

7 double bedrooms (4 with ensuite facilities) – large fully equipped kitchen / breakfast room – communal living room – utility room – entrance hall – WC – shower room - off-street parking – rear garden with seating area and bicycle storage

This large, comfortable and well-kept semi-detached house has a long history as a quality HMO residence, situated in a pleasant residential area in between Cherry Hinton Road and Mill Road, close to a wide range of facilities and Addenbrooke’s Hospital / Biomedical Campus.

The ground floor comprises a large reception hall, a modern and well-equipped kitchen with ample storage space, extensive working surfaces and dining area with breakfast bar. There are three double bedrooms, all with ensuite shower rooms, a communal living room with ensuite shower room and a utility room and WC off an inner hallway.

The first-floor landing leads to three large double bedrooms, two with ensuite shower rooms. There is a separate shower room off the landing area.

The second floor comprises two large double bedrooms.

Outside, there is a private rear garden providing a seating area and bicycle storage.

Location - Coleridge Road is very well placed for both the railway station and Addenbrooke's Hospital. There is local shopping and amenities nearby including a leisure park with cinema complex, restaurants, bars, convenience stores and a library on Rock Road. There is primary schooling at Morley Memorial School and secondary schooling, private schooling and sixth form colleges within the vicinity.

Agent's Note - HMO licences are no longer transferable – The purchaser of the property will need to reapply for the licence
There is currently a management company in place managing the maintenance and cleaning of the property who would be happy to continue.

Tenure - Freehold

Services - All mains services connected.
Gas radiator central heating system

Statutory Authorities - Cambridge City Council.
Council Tax Band - D

Fixtures And Fittings - Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest.

Viewing - Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.
Agent Details
Redmayne Arnold & Harris
54-64 Newmarket Road, Cambridge, CB5 8DZ
Show Contact Number
01223 323 130

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested