Easily Commutable to Cambridge City Centre and London
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In need of refurbishment and modernisation - A unique investment opportunity to acquire this studio/one bedroom apartment in need of modernisation on the doorstep of meldreth train station offering a quick and affordable commute into Cambridge City Centre.
About The Unit
This studio apartment offers a unique opportunity to acquire an investment in an up-and-coming area with fantastic commuter links. The apartment is in need of modernization, however will offer a strong rental return once refurbished and tenanted.
The Lease currently has 69 years remaining so a cash buy is recommended, however some mortgage companies will be able to offer products based on a short lease term.
The total yearly ground rent amounts to just £75 and is accompanied by a very reasonable service charge.
About The Area
Meldreth is a village located to the north of Royston and east of Melbourne, offering not only easy travel connections but local employment hubs such as Melbourne Science Park. The village is increasingly becoming popular with commuters and developers, with many new build units starting to pop up in the area and stimulate the local growth in infrastructure.
Tavern yard is located a stones throw away from Meldreth train station, offering train journeys to Cambridge's mainline station (14 Minutes), London Kings cross ( hour) and London Liverpool Street (<1 hour). It is also just a 20 minute drive along the A10 to reach Cambridge City centre.
Interested parties should direct all enquiries to Belvoir Cambridge Sales department on .
Years remaining: 69 years Service Charge: Approximately £600p/a Ground Rent: £75 per annum
Belvoir Cambridge Disclaimer
Belvoir Cambridge Disclaimer - Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract.
Property descriptions and related information displayed on this page are marketing materials provided by Belvoir - Cambridge. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belvoir - Cambridge for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.