Newmarket’s Grosvenor Apartments development proving popular
Situated in a prominent position on Newmarket High Street, Grosvenor Apartments is an exceptional development of one and two-bedroom unique apartments. Proving popular with buyers as a quarter are reserved already.
The 36 apartments all boast a modern design and finish, including an open-plan living area, fitted kitchens with integrated appliances and a keyless entry system. All the apartments benefit from an allocated parking space, with many enjoy balconies and views over the town.
Convenient for the world-famous racecourse, and with excellent links to Cambridge and London, these properties would make an excellent buy-to-let investment, with a help to buy scheme & Part Exchange also available, making them an appealing prospect .
Previously the Doric cinema, and more recently Pacino’s Wine Bar & De Niro’s Nightclub, the building has been tastefully renovated, but retains many of its historic features, including the iconic Doric columns after which the original cinema is believed to have been named.
If you are interest in arranging a viewing, please give as a call on 01638 750241. Show apartment open weekends 10am-2pm.
Cambridge property prices rise more than 50% since pre-recession 2007
The average cost of a home in Cambridge is more than 50 per cent greater than it was at the crest of the global financial crisis.
New figures released today reveal the city is not only among the most expensive in the country to buy a home, but that the cost of the average home is rising quicker than almost anywhere else.
Last month the average Cambridge property would set you back £397,000, an increase of 13.6 per cent on the same date last year.
The figures, compiled by the Hometrack UK Cities House Price Index, show Cambridge is second in the property stakes only to London, where the average property costs more than £460,000.
While many British cities saw a dip in the property market following the global recession, which began in 2007, Cambridge has remained resurgent – with prices rising by 50.5 per cent since their pre-crash peak.