For Sale
£235,000 Guide Price

Milton Road, Cambridge

VIEWINGS ARE PERMITTED DURING NOVEMBER LOCKDOWN, CLICK FOR DETAILS. *STAMP DUTY EXEMPT* Brand new ground floor studio flat. Ideal first purchase or investment property. Superbly located within short walking distance of Cambridge Science Park, Business Park & Cambridge North train station.
1 Bedrooms
1 Receptions
1 Bathrooms
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Full Details

VIEWINGS - COVID-19
VIEWINGS DURING THE NOVEMBER LOCKDOWN ARE ALLOWED TO TAKE PLACE DURING THE NOVEMBER LOCKDOWN, IN LINE WITH GOVERNMENT GUIDANCE.

As an agent we take the responsibility of the health of our clients and viewers extremely seriously. Therefore we have measures in place to conduct this in a safe and sensible manner. We will ask our home owners to be out or in the garden. We will ask for no contact on arrival, but we will greet you with our usual smile as we put on our face masks. We will provide you with a face mask also, along with protective gloves. We will keep a safe distance but be there to answer any questions you may have. If you have had any symptoms of the Coronavirus, we ask you to wait 14 days before joining us on a viewing. We look forward to meeting you!

Viewings on properties are now allowed to commence. As an agent we take the responsibility of the health of our clients and viewers extremely seriously. Therefore we have measures in place to conduct this in a safe and sensible manner. We will ask our home owners to be out or in the garden. We will ask for no contact on arrival, but we will greet you with our usual smile as we put on our face masks. We will provide you with a face mask also, along with protective gloves. We will keep a safe distance but be there to answer any questions you may have. If you have had any symptoms of the Coronavirus, we ask you to wait 14 days before joining us on a viewing. We look forward to meeting you!

ONLINE VIEWING & 3D VIRTUAL REALITY 360° TOUR To view our tour please click on the 'VIRTUAL TOUR' tab. Explore this property in full 360° reality. The tour shown is of another studio apartment in this development that is smaller than the one now available for sale. 3D virtual reality marketing now comes as part of our standard marketing, don't hesitate to call us if we can help you.

60% OF DEVELOPMENT NOW SOLD!

* Photos shown are from another smaller studio apartment. This apartment is considerably larger than the photos shown.

APARTMENT 4
Apartment 4 is located on the ground floor, to the front, of the development. Accommodation includes an open plan lounge/dining room and bedroom. The kitchen area comes with a range of integrated appliances including oven, hob, dishwasher and fridge/freezer. There is also an entrance hall with a three piece bathroom off.

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.

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 (5.25% YIELD)

APARTMENT 2 - £315,000. 52 SQ METRES, 560 SQ FT.
GROUND FLOOR, 1 BEDROOM, FEATURES PRIVATE GARDEN & ALLOCATED PARKING. RENTAL ESTIMATE £1400 PCM (5.3% YIELD)

APARTMENT 3 - £300,000. 58 SQ METRES, 627 SQ FT. GROUND FLOOR, 1 BEDROOM. RENTAL ESTIMATE £1300 PCM (5.2% 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 (5.3% 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 (4% 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 4
TENURE: LEASEHOLD
SERVICE CHARGE: £888 PER ANNUM, PAID MONTHLY
GROUND RENT: £250 PER ANNUM
LEASE: 125 YEARS
10 YEAR BUILDING WARRANTY
APPLIANCES WITH 5 YEAR PARTS WARRANTY & 2 YEAR LABOUR GUARANTEE

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