A bit of Monday morning madness.
Fancy a go at your very own homes under the hammer style auction? This lot is for sale by auction as lot 200 on 29th October 2015 with allsop and a guide price of £200,000.
A Leasehold Three Bedroom Self-Contained First and Second Floor Maisonette subject to an Assured Shorthold Tenancy.
The property is held on a lease for a term of 125 years from 9th September 2015 (thus having approximately 125 years unexpired) at a ground rent of £250 per annum.
The property is situated on the south side of Cherry Hinton Road, close to its junction with Rock Road. Cherry Hinton Road leads onto Clifton Road, providing access to the Leisure Park, where a range of shops and facilities are available. Cambridge city centre is two miles to the north-west and provides an extensive range of shops, facilities and the Universities of Cambridge. Cambridge's main Railway Station is a mile to the north-west and Local schools and colleges are within a mile, including Homerton College and Saint Bede's Inter-Church School. All in all putting this in a great location.
Problem is there are no pictures to view which usually means this property is a doer upper, is it worth a gamble? Its certainly worth doing your homework and taking a good look. This property could rent for £600 per room pcm if done up right and could make you a potential yield of up to 10% but do make sure you do all of your homework with this one first!
For more information please see the link below:
http://www.rightmove.co.uk/property-for-sale/property-51877663.html?premiumA=true
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