6 Bedroom Family home with VP or Investment Property

Location: Stevensons Road, Cambridge, Cambridgeshire CB24 3GY

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Property ID : 542

For Sale £420,000.00 - Detached
6 Bedrooms 3 Bathrooms 1 Livingroom 1 Garage

Property Description

6 Bedroom Family home with VP or Investment Property.

HMO – Fully let – 100% Occupancy History or Private Residence with vacant possession

A large 6 bedroom house with double aspect reception room, large conservatory, lined soundproofed garage & outbuildings and two private parking spaces, either to purchase with vacant possession or as a high yielding stable investment with a real potential for capital growth.

Fully tenanted property currently arranged to provide 7 letting rooms, one ensuite shower room, further two bathrooms/shower rooms and an additional WC & hand basin.

Currently returning a gross rental of £40,740 pa.

Property is on three floors and has many features added over the years including a large conservatory (20 X 7 feet), large attached lean-to store room, large shed, lined dry and cool garage with loft storage (solid floor), two parking spaces and plenty of on road free parking. Nice manageable garden with fruit trees.

L2 fire alarm system. Fully compliant.

Located very close to guided bus/park & ride with quick access to Cambridge City Centre, Cambridge Science Park, St Ives, Huntingdon, Swavesey etc and local bus services to Cottenham, Bar Hill and other villages.

The property is a licensed HMO and has been successfully rented for the last 4 years. No empty periods at all with 100% occupancy throughout the period.

Excellent tenants who renew regularly, some of whom are the original and some others over two years and all happy. All professionals, responsible people.

Retirement sale. Floor plan available. Please contact to discuss.

Key Features

  • 1: 6 Bedroom Family home with Vacant Possession or continue as Investment Property
  • 2: HMO - Fully let - 100% Occupancy History or Private Residence with vacant possession
  • 3: 7 Letting rooms (all let under Assured Shorthold Tenancy agreements)
  • 4: Ensuite shower room two additional bath/shower rooms, additional WC + Hand basin
  • 5: Large conservatory currently used for living area and dining area (two large settees and table and chairs seating 8 for dinner.
  • 6: Garage (insulated and fully lined with mdf) Professionally built timber lean-to and free standing large wooden shed all with free standing professional racking.
  • 7: Private parking spaces and lots of on road free parking.
  • 8: Outbuildings: Garage, fully insulated & Lined with hatch to loft with hard floor ideal for storage. Professionally built large timber lean-to insulated and lined, large wooden shed.
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