Tenure: Leasehold
Investment Opportunity - Sold by Modern Auction.
Belvoir are pleased to present this studio apartment situated on Abbey Court, Cambridge. Purpose-built for student accommodation, this self-contained unit offers a fantastic investment opportunity with tenants already in situ, generating immediate rental income.
The apartment features an open-plan living space, incorporating a kitchenette, sleeping area, and a private ensuite. High-quality fixtures and fittings are present throughout, designed to offer both style and practicality for today’s student lifestyle.
This property is being sold via Modern Auction, offering a fast and transparent purchasing process. Ideal for cash buyers or investors seeking a hassle-free transaction.
EPC rating: B. Council tax band: B, Tenure: Leasehold, Annual ground rent: £150, Annual service charge: £868, Known building safety issues or planned/required works: None at the time of listing. Planning permissions: None at the time of listing. Mobile signal information: Please see under EPC section.
Kitchen area comprises of a breakfast bar with chair, microwave, fridge, 2 ring hob, extractor hood and cupboard units.
Bedroom area comprises double bed, mattress and mattress cover, fitted wardrobes providing ample storage, chest of drawers, two seater sofa and a desk.
The Shower room comprises a walk in shower unit, wash hand basin and low level WC.
The area to the side of the property provides an enclosed area for residents to study or socialise.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 Inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective purchasers. Belvoir Cambridge, its employees and its agents are not authorised to make or give any representation or warranty whatsoever in relation to this property. All information included, descriptions, images used and sales floor plans are for illustration purposes only. The developer reserves the right to omit, add or otherwise alter the property, its specification or its exact location on site at any time prior to exchange of legal contracts without notice.