PE27 5EY - 2 bed riverside mill apartment in London Road, PE27 5EY

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2 bedroom apartment for sale in The Old Mill Riverside, St Ives, PE27

Summary - THE OLD MILL 5.2 LONDON ROAD ST. IVES PE27 5EY

2 bed 1 bath Apartment

Fifth-floor home with panoramic town and countryside views, minutes from cafes and guided busway.
Fifth-floor apartment with panoramic river and town views
Two double bedrooms within a compact 571 sq ft layout
Allocated off-street parking space included
Long lease: 121 years remaining
Service charge £508.58 per quarter (£2,034.32 annually)
Medium flood risk — check insurance and mitigation costs
Higher-than-average local crime rates — consider security measures
Short 10-minute walk to Guided Busway for Cambridge access
Set on the fifth floor of the converted Old Mill, this two-double-bedroom apartment combines period character with modern living and striking panoramic views over St Ives and the River Great Ouse. The layout is compact at 571 sq ft, making it practical for first-time buyers or commuters seeking a low-maintenance base close to town amenities and transport links.

Practical benefits include an allocated off-street parking space, a long lease of 121 years, and a quarterly service charge of £508.58 (circa £2,034.32 annually) which covers buildings insurance and water rates. The property is just a 10-minute walk from the Guided Busway for direct access to Cambridge, and Huntingdon station is nearby for fast rail services to London.

Buyers should note a few material points: the flat is modest in size and located on the fifth floor with standard ceiling heights, so access and moving large items will require planning. The area records higher crime levels than average and the property sits in a medium flood-risk zone — insurers and lenders should be consulted. The building’s historic nature brings character but can also mean higher maintenance or conservation considerations over time.

Overall, this is a conveniently located, characterful riverside apartment well suited to first-time buyers or purchasers prioritising location and commuting links. It offers immediate occupation with no onward chain, while still requiring sensible due diligence on flood, security and communal maintenance matters.

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