An excellent investment opportunity to acquire this detached property with commercial unit to the ground floor and four flats located over the upper floors providing a rental income of £45000
A detached property built by the current owners and converted a number of years ago. A commercial unit to the ground floor currently occupied by the hairdressers with four flats arranged over the first and second floors with parking and hardstanding to the rear. The whole freehold interest is available.
The commercial unit is yet to be surveyed, however, there is a good sized salon area with kitchen and toilet facilities to the rear. Current rental £12,000 PA. Approximate individual value £150,000.
The entry to the flats is to the rear of the building with stairs rising to the first floor communal landing and then to the second floor;
Flat (A) Two bedroom flat, with shower room and open plan living/kitchen area providing approximately 37 sqm of internal space. Let for £750pcm. Approximate individual value £195,000.
Flat (B) Good sized one bedroom flat, with generous double bedroom, shower room and open plan living/kitchen area providing approximately 29 sqm of internal space. Let for £700pcm. Approximate individual value £175,000.
Flat (C) The largest of the units at 45 sqm, two bedroom top floor flat with two good sized bedrooms, shower room and open plan living/kitchen area. Let for £650pcm. Approximate individual value £195,000.
Flat (D) A one bedroom top floor flat measuring approximately 29 sqm, entrance hall, shower room, bedroom and open plan living/kitchen area. Let for £650pcm. Approximate individual value £175,000.
All of the properties benefit from electric heating and Upvc double glazing.
Sawston is one of the largest villages to the near south of the City, situated about 3 miles from the City boundary and around 4 miles from the Addenbrooke’s campus. It also gives excellent access to the M11 (J10 3 miles). There are good cycle routes to the mainline railway station at Whittlesford (1.5 miles) and the science parks at Babraham (2 miles) and Abington (3.5 miles).
The village has a fantastic range of local shops including a small supermarket, various restaurants and takeaways, an excellent modern health centre, primary schools and the high achieving Sawston Village College which has a sports centre, gym and swimming pool that are open to the public. There is very little need to leave the village for day-to-day living.