1 Bed Apartment For Sale

A bright first-floor apartment with a south-facing balcony and allocated parking, enjoying a convenient location close to the Station and city centre, available with no onward chain.

This delightful first-floor apartment enjoys a pleasant position on the south-side of Bailey House, a short walk from the Cambridge Leisure Park and a 3-minute cycle from Station Square. The property benefits from an abundance of natural light throughout. The property is right on the doorstep of Mill Road with its bustling independent shops, cafes and pubs. Its location makes it enormously popular with young professionals, post-graduate students and also mature people looking for a well-proportioned, easy-to-run, centrally-located property to buy or rent. The property has a current rental income of £1400 per calendar month.

The accommodation briefly comprises an entrance hall, off which there is a large storage cupboard and separate airing cupboard. A large bright sitting/dining room which benefits from southerly aspects and has access to a south-facing balcony. The kitchen, which is in excellent condition, has been fitted with a range of base and wall mounted units and features various integrated appliances including a dishwasher and washing machine.

The bedroom is a generous size and has large built-in wardrobes. There is a bathroom fitted with a white suite comprising of a low-level WC, pedestal wash hand basin and panelled bath with shower over.

Outside, the property benefits from an allocated parking space (No.51) and secure bicycle store. There is a secure communal entrance with both a lift and stairs to the property

Location - Rustat Avenue is a convenient residential area which lies between Mill Road, Hills Road and Cherry Hinton Road. The property is situated less than 2 miles from Addenbrooke's Hospital. Cambridge railway station is reached on foot or cycle by way of a cycle bridge about 200 metres distance, which crosses the railway line and descends into the station grounds.

Coleridge Recreation ground is just a few minutes' walk away and includes a paddling pool, splashpad and children's playground, as well as a football field and tennis court facilities. Cambridge Leisure - a multi-screen cinema and bowling alley complex has a number of well-known restaurants and a popular live music/comedy venue, The Junction, is within the immediate vicinity.

Tenure - Leasehold
125 year lease with 105 years remaining
Ground rent £200 per annum. This is reviewed every 21 years with the next review being 1st April 2024. This review is carried out by the aligned estate account manager at Home Ground. The review process uses ‘open market value’ to determine what any increase will be.
Service Charge approximately £2350 per annum, which is reviewed annually and adjusted according to costs.
Managing Agency – Trinity

Services - All mains services connected.

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

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.