Summary - FAMILY CENTRE, MALTA ROAD CB1 3LW
1 bed 1 bath Land
**Standout Features:**
- **Planning Permission:** Full approval for 9 residential units (4 three-bedroom houses, 3 two-bedroom flats, 2 one-bedroom flats).
- **Location:** Sought-after Cambridge area, close to amenities and just a 15-minute walk to the train station.
- **Size:** Plot size of approximately 0.15 hectares (0.37 acres) with a 215-square-meter existing building.
- **Parking:** Off-street parking available.
- **Community:** Low crime rate and vibrant neighborhood with diverse employment opportunities.
**Potential Concerns:**
- Existing building has remained vacant since 2017.
- Future renovations will require oversight of planning application status and code compliance.
**Summary:**
Seize a remarkable investment opportunity in Cambridge with this generously sized freehold land plot, now available for £1,500,000. It boasts full planning permission for the development of nine modern residential units, making it ideal for builders or investors looking to capitalize on the thriving local market. The site is set in a desirable neighborhood, close to the bustling Mill Road area, surrounded by essential amenities, and just a short jaunt to Cambridge Railway Station for quick access to London.
Although the existing structure, a single-story brick building, has remained unoccupied since 2017, it offers renovation potential and a significant opportunity for development. The plot’s expansive dimensions facilitate generous living spaces and landscaped gardens, ensuring plenty of room for family-friendly living. Take advantage of the region's diverse cultural and employment opportunities—don’t miss out on this prime piece of real estate! The urgency is poised; such opportunities in sought-after locales won’t last long.
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