A well presented first floor studio flat with allocated parking situated in a purpose built block in the centre of Longstanton, offering an ideal investment opportunity with a potential gross yield of 5.74% with the added benefit of no onward chain.
INTERNALACCOMMODATION Front door from the communal landing leads through into an entrance hallway with access to a large built in airing cupboard housing the hot water cylinder and shelving. The shower room (2.06m x 1.96m) is neutral and is complete with Triton Enrich electric shower with enclosure, WC, wash basin, obscured glazed window and wall mounted Creda heater.
The main studio space is an excellent size (4.66m x 4.40m) with plenty of room for furniture and offers a range of kitchen units, worktop space, washing machine, stainless steel sink, electric oven and hob, and a fridge freezer.
OUTSIDE The property is situated on the first floor of this purpose built block constructed in approximately 1989 which offers a central location within the village, plus an allocated car parking space to the rear.
GENERAL This property would make an ideal investment purchase with an anticipated rent of £550pcm exclusive of utilities (5.74% gross yield). Electric eco-7 heating and double glazed windows throughout.
Leasehold with 967 years remaining
Ground rent and service charge - £396 per annum
Council tax band A
South Cambridgeshire District Council
LONGSTANTON Longstanton is a small and well-served Cambridgeshire village lying approximately 7 miles north west of Cambridge city and 10 miles south east of the bustling market town of St. Ives. The A14 and M11 are within just a few moments' drive, giving convenient access to London and the rest of the UK. Longstanton has a guided busway station with a bus service running through to the Cambridge Science Park, the city centre, Addenbrooke's Hospital and Trumpington: the busway has a dedicated cycle path alongside. Longstanton has local shops, facilities and amenities including primary schooling, a post office and a Co-op store. The new town of Northstowe, to the east of the village, is currently under construction yet there is still plenty of lovely open countryside for walking, cycling and other weekend activities.