Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Penrose, Number 194, is a contemporary three-bedroom apartment located in the thriving Canalside Quarter of Cambridge. This spacious residence offers a well-designed open-plan living and dining area that opens onto a generous balcony facing south-west, perfect for enjoying afternoon and evening sunlight. The principal bedroom benefits from an en-suite bathroom, while two additional bedrooms share a modern family bathroom, making this property ideal for families or professionals seeking comfort and style in a prime location.

Situated just under two miles from Cambridge Railway Station, this apartment provides excellent connectivity to London and other major destinations, while being nestled in a vibrant neighbourhood with excellent amenities and green spaces. The nearby Canalside Park and the proposed future developments promise a dynamic and growing community, enhancing both lifestyle and investment potential.

Property Features

This apartment boasts a spacious open-plan living and dining area with direct access to a south-west facing balcony, perfect for natural light and outdoor relaxation. The principal bedroom includes a private en-suite bathroom, complemented by two further bedrooms and a family bathroom. Additional features include a utility store, built-in wardrobes, and a modern kitchen equipped with integrated appliances. Secure parking is available within the development, enhancing convenience for residents.

BalconyEn-suite BathroomOpen-plan Living/DiningUtility RoomBuilt-in WardrobesModern Kitchen+1

Local Amenities

The Penrose benefits from its proximity to Canalside Park, providing ample green space for recreation and leisure. The nearby Cambridge Railway Station offers frequent services to London and beyond, complemented by excellent local bus routes. Residents have easy access to shops including Tesco Express and a variety of dining options such as The Mill Pub. Educational facilities nearby include St. Matthew's Primary School and Parkside Community College, making the location attractive for families. The area is well-served by amenities that support a balanced urban lifestyle.

Canalside ParkCambridge Railway StationMidsummer CommonTesco ExpressThe Mill PubSt. Matthew's Primary School+2
Cambridge Railway Station Train Station (1.8 miles, 8 mins drive) • N/A (property within Cambridge) to Cambridge

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Could you get a better rate?Compare buy-to-let mortgage deals from 90+ lenders
Compare Rates
Purchase Costs
Total Price£649,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£271/mo
Estimated Ground Rent£22/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Get a personalised mortgage quoteCompare rates from 90+ lenders — free, no obligation
Compare Rates
Purchase Costs
Total Price£649,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£271/mo
Estimated Ground Rent£22/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment Opportunity
75/100
ChallengingModerateGoodExcellent
Strong rental demand due to proximity to university and tech hubs
Good transport links to London and regional centres
Stable property market with ongoing development

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£649,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£271/mo
Estimated Ground Rent£22/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.3%
Based on £2,329/mo rent
Area Price Growth
+1.0%
Average annual increase
5-Year Value Forecast
£684,458
+£34,508 projected gain
5-Year Rent Forecast
£2,806/mo
Based on 3.8% annual growth
Price per Sq Ft£684
Annual Rent Income£27,948
10-Year ROI172%
Break-Even Point29 yrs

Property Value Projection

Based on 1.0% annual growth
£684,458
5yr
£720,798
10yr
£759,067
15yr
£799,368
20yr
£841,809
25yr
Current: £649,950

Monthly Rental Income

Based on 3.8% annual growth
£2,806
5yr
£3,382
10yr
£4,075
15yr
£4,910
20yr
£5,917
25yr
Current: £2,329/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London King's Cross
50 mins
1h 20m
Heathrow Airport
1h 40m
1h 10m

Sun Path & Natural LightAI generated - Estimated

NESW
South-West-Facing Excellent
7h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living/Dining Room
Morning Moderate
Afternoon Excellent
Evening Good
Principal Bedroom
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low
Bedroom 3
Morning Good
Afternoon Moderate
Evening Low

Location Scores

78
Walk Score
Very Walkable
70
Transit Score
Excellent Transit
75
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Residential/Commercial Mixed-Use+Positive Impact
Canalside Quarter Expansion
AdjacentEst. 2025
Transport Infrastructure+Positive Impact
Cambridge South East Transport Improvements
1 mileEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£649,950
AvailableNB0000036028
View Location Analytics

The Penrose , Number 194

Oxford, Cambridge CB3 1SE
Canalside Quarter
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
apartment
Type
Available Plot Numbers
194
1 plot(s) available
Ownershipleasehold

Request Information

£649,950The Penrose , Number 194

Enquire About This Property

The Penrose , Number 194
The Penrose , Number 194Oxford£649,950

Property Assistant

Ask me anything