Available  

2 Bedroom Terraced for sale

Cambridge Cambridgeshire Cambridge, CB1 3EB

CB1 3EB, Cromwell Road, Cambridge, CB1, Cambridge

Sale Price: £500,000

Listed 15 days ago and may not be available Listed on 8/5/2016

 60 Parker House Regent Street, Cambridge, CB2 1DP

Cambridge Cambridgeshire Cambridge, CB1 3EB

Property Summary:

Terraced
2 Bed(s)
-- Bath(s)
interested in this property.
 

Property description

Freehold Development Opportunity
Create up to Four Separate Units
Potential Income of £55,000 per year
No Current Planning Permission


The property is a mid-terraced retail outlet with integral flat above and a total of 2,460 square feet of accommodation, including a ground floor of in excess of 100 feet in depth. There is no current planning permission, nor any applications on this property, but the adjacent, identical property has recently been converted to create three separate residential units (including a large apartment on the first floor, with separate entrance), as well as retaining a successful shop front. Rental income for all four units is likely to be in the region of £50,000 - £55,000 per year