2 bed flat for sale

Dobede Way, Soham, Cambridgeshire CB7

Dobede Way, Soham, Cambridgeshire, Cb7 5Fn

This modern first-floor apartment presents an ideal turnkey investment, being sold with a tenant in situ and providing immediate rental income. Situated in a low-rise block, the property offers well-proportioned accommodation and the convenience of allocated parking.

The apartment comprises two double bedrooms, including a master with en-suite shower room, a further family bathroom, and a bright open-plan living/dining space with a fitted kitchen. Well maintained and practical, it is perfectly suited for long-term rental demand.

Soham is the second largest town in East Cambridgeshire, located between Ely (6 miles) and Newmarket (7 miles), both offering a wide range of shopping and leisure facilities. The A142 provides excellent road connections to Cambridge via the A14, making the town a popular choice for commuters. London Stansted Airport is around 40 minutes away via the A11.

The town benefits from a good selection of amenities including a Co-Op, Asda, small eateries, pubs, a leisure centre, doctor’s surgery and hairdressers. Families are drawn to the area for its strong education options, with three primary schools feeding into the highly-rated Soham Village College. The recently reopened train station connects to Ely and the mainline to Cambridge and London, further boosting its appeal.

For investors, this property offers a rare chance to secure a modern, low-maintenance flat with a reliable tenant in place, in a location that continues to show strong rental demand.

Financial Breakdown

Gross Rent: £11,100.00
Net income: £8,677.00
Gross yield: 7.4%
Net yield: 5.78%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08276