Property Details

Freehold Investment Property With Development Opportunity In Prime Location On Cambridge's Popular Mill Road. Comprises A Retail Unit And Seven Studio Flats, All Of Which Have Been Sold Off, Producing A Total Gross Rent Of £19,550 Pa. There Is An Option To Purchase The 125 Year Leasehold Interest Of Flat 5 For £175,000, This Flat Is Let On An Ast And Produces An Income Of £12,600 Per Annum. There Is Planning Permission For A Further Two Studios. Large Rear Garden Used As A Seating Area. Only 10 Mins Walk To Cambridge Train Station And City Centre.