1 bed flat for sale

Moss Bank, Cambridge CB4

Tenure: Leasehold

***cash buyers only***

Due to the low lease on this property it will not be suitable for clients who require a mortgage.

A fantastic investment opportunity, this light and spacious, one bedroom, upper floor apartment is offered for sale with the benefit of a tenant in situ. The current letting agent is also happy to continue with their fully managed service if required to offer a seamless transition for the new owner. The current rental income is £1,200 pcm.

This property is located in the Chesterton ward of Cambridge, just moments from the river Cam, less than 350 yards from Cambridge North station and approximately 2 miles from the bustling city centre.

The current ground rent charge is £125 per annum and there is no service charge. Buildings insurance charge is £358 per annum.

We have been advised that a share of the freehold will be made available for sale to any new owner if required. Please speak to the agent for more details.

This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28

days. The buyer pays a 10% (of the purchase price) Non-Refundable Deposit on exchange.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5%

of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. A Buyer Information Pack is provided,

which you must view before bidding. The buyer is responsible for the Pack fee.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service

provider if the service is taken. Payment varies but will be no more than £500 inc. VAT. These services are

optional.

EPC Rating: D

Location

This property is located in the Chesterton ward of Cambridge, just moments from the river Cam, less than 350 yards from Cambridge North station and approximately 2 miles from the bustling city centre.