Sold STC
£300,000

Lovell Lodge, Milton Road, Cambridge

**STAMP DUTY EXEMPT** 50% OF DEVELOPMENT SOLD! A range of 14 high specification studios, 1 & 2 bedroom apartments. PRICES FROM £215,000. Superbly located for road & rail links, city centre and science park. Ideal first purchase or investments. Help to buy available.
1 Bedrooms
1 Receptions
1 Bathrooms
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Full Details

50% OF DEVELOPMENT NOW SOLD!

* Photos shown are a selection from the development and not of one specific apartment.

APARTMENT 12
Apartment 12 is located on the first floor, to the front and side of the development. Accommodation includes an open plan lounge/dining room and kitchen that comes with a range of integrated appliances including oven, hob, dishwasher and fridge/freezer. The double bedroom has an en-suite three piece bathroom.

LOVELL LODGE - THE DEVELOPMENT
'Ensum Brown New Homes' are delighted to offer for sale apartments in the newly constructed 'Lovell Lodge'. This range of 14 studios, 1 and 2 bedrooms apartments are available from January 2020. Located on Milton Road in Cambridge, ideally located close to major road networks, the improved A14 and M11, close to Cambridge Science Park with guided busway stop, within a short walk of Cambridge North railway station and within an easy cycle or bus ride to Cambridge City Centre.

This individual building is a one off modern architectural design that has been completed to a high specification throughout and with a high level of security. Several of the apartments have generous gardens and others with balconies or terraces. Some features include high specification kitchen by 'Schuller' which includes integrated appliances, being prewired for ultra fast broadband with speeds up to 1GBs, highly efficient and environmentally friendly boilers providing hot water and heating, high levels of heat and sound insulation throughout and high performance windows and doors. Parking is either allocated or of ease nearby for residents or visitors.

These apartments represent an ideal first purchase or buy to let investment opportunity, with yields expected to be in the region of 5%. The selling agents, who offer a full management service, are also including a FREE 6 months full management service for any investment buyers. The 'Help To Buy' scheme is available to all those that qualify.

All apartments come with a new 125 year lease and communal facilities include bin and cycle stores. High levels of interest has already been registered but reservations are only available from the time of the launch event on Saturday 4th January 2020, we therefore highly advise attendance to ensure you secure one of these fantastic homes. Apartments will be reserved on a first come basis.

For further information please call sole selling agents Ensum Brown. Our offices are open from 9am on Friday 27th December.

APARTMENTS SCHEDULE
APARTMENT 1 - £320,000. 51 SQ METRES, 551 SQ FT.
GROUND FLOOR, 1 BEDROOM, FEATURES PRIVATE GARDEN & ALLOCATED PARKING. RENTAL ESTIMATE £1400 PCM (4.8% YIELD)

APARTMENT 2 - £315,000. 52 SQ METRES, 560 SQ FT.
GROUND FLOOR, 1 BEDROOM, FEATURES PRIVATE GARDEN & ALLOCATED PARKING. RENTAL ESTIMATE £1450 PCM (5% YIELD)

APARTMENT 3 - £300,000. 58 SQ METRES, 627 SQ FT. GROUND FLOOR, 1 BEDROOM. RENTAL ESTIMATE £1300 PCM (4.7% YIELD)

APARTMENT 4 - £250,000. 44 SQ METRES, 477 SQ FT. GROUND FLOOR, STUDIO. RENTAL ESTIMATE £1000 PCM (4.8% YIELD)

APARTMENT 5 - £315,000. 56 SQ METRES, 602 SQ FT.
GROUND FLOOR, 1 BEDROOM, FEATURES PRIVATE GARDEN & ALLOCATED PARKING. RENTAL ESTIMATE £1400 PCM (4.7% YIELD)

APARTMENT 6 - £235,000. 42 SQ METRES, 448 SQ FT. FIRST FLOOR, STUDIO. FEATURES A BALCONY. RENTAL ESTIMATE £975 PCM (5% YIELD) - SOLD

APARTMENT 7 - £215,000. 36 SQ METRES, 354 SQ FT. FIRST FLOOR, STUDIO. FEATURES A BALCONY. RENTAL ESTIMATE £900 PCM (5% YIELD) - SOLD

APARTMENT 8 - £215,000. 36 SQ METRES, 354 SQ FT. FIRST FLOOR, STUDIO. FEATURES A BALCONY. RENTAL ESTIMATE £900 PCM (5% YIELD) - SOLD

APARTMENT 9 - £325,000. 56 SQ METRES, 605 SQ FT. FIRST FLOOR, 1 BEDROOM. RENTAL ESTIMATE £1300 PCM (4.8% YIELD) - SOLD

APARTMENT 10 - £220,000. 37 SQ METRES, 402 SQ FT. FIRST FLOOR, STUDIO. RENTAL ESTIMATE £950 PCM (5.2% YIELD) - SOLD

APARTMENT 11 - £220,000. 37 SQ METRES, 407 SQ FT. FIRST FLOOR, STUDIO. RENTAL ESTIMATE £950 PCM (5.2% YIELD)

APARTMENT 12 - £300,000. 53 SQ METRES, 570 SQ FT. FIRST FLOOR, 1 BEDROOM. RENTAL ESTIMATE £1200 PCM (4.8% YIELD) -SOLD

APARTMENT 13 - £475,000. 98 SQ METRES, 1050 SQ FT.
SECOND FLOOR, 2 BEDROOM, FEATURES TWO TERRACES & ALLOCATED PARKING. RENTAL ESTIMATE £1600 PCM (3.3% YIELD)

APARTMENT 14 - £325,000. 58 SQ METRES, 619 SQ FT. SECOND FLOOR, 1 BEDROOM. FEATURES A TERRACE. RENTAL ESTIMATE £1300 PCM (4.8% YIELD) - SOLD

AGENTS NOTES - APARTMENT 12
TENURE: LEASEHOLD
SERVICE CHARGE: £1057 PER ANNUM, PAID MONTHLY
GROUND RENT: £300 PER ANNUM
LEASE: 125 YEARS
10 YEAR BUILDING WARRANTY
APPLIANCES WITH 5 YEAR PARTS WARRANTY & 2 YEAR LABOUR GUARANTEE

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