Land for sale

Newmarket Road, Cambridge CB5

*** investment opportunity ***

A superb opportunity to acquire a residential investment opportunity in a prime central Cambridge location.

Duke's Court provides 35 one and two bedroom apartments along with basement car parking.

This conversion of an office building is underway, with completion anticipated spring 2027.

The apartments are being finished to a superb standard and will include:
* Secure gated basement parking
* New double glazed windows and doors
* Audio/visual entry systems to most apartments
* CCTV to common areas
* Bosch oven, hob, microwave; Indesit integrated fridge/freezer, washer/dryer, dishwasher
* Quartz worktops
* Contemporary bathrooms
* Wood-effect vinyl flooring
* Gas combi boilers for heating and hot water
* Full fibre BT broadband
* 10 year icw warranty
Location

Duke's Court, int he heart of Cambridge, occupies a strategic position on Newmarket Road, forming the north-eastern gateway to Cambridge city centre.

* 10 minute walk to the historic core, River Cam, Midsummer Common and Jesus Green
* Excellent access to the A14 and M11
* 15 minute walk to Cambridge Central railway station
* On the Park & Ride bus route (every 10-15 mins)
* Adjacent to the Chisholm Trail, a major traffic-free cycle route linking key employment hubs

why invest in cambridge?
Cambridge is Europe's largest technology cluster and one of the UK's most resilient rental markets. Key indicators include:
* 6.4% annual growth in knowledge-intensive jobs over the past six years
* 627 life sciences companies
* 308.7 patent applications per 100,000 people - the highest in the UK
* Over 800 high-tech manufacturing companies
Market drivers and tenant demand

Cambridge continues to experience exceptional rental demand, driven by:

1: Home ownership affordability - affordability pressures and economic uncertainty are expected to push more residents into the rental market through 2026/2027.
2: Expansion of Cambridge's knowledge economy - The Cambridge Cluster - now includes 26,000 companies generating £47bn turnover, with major contributions from life sciences, healthcare, it and advanced manufacturing. More than 5,300 knowledge-intensive firms employing around 68,000 people.
3: Student Demand - with several Cambridge Colleges within walking distance and with an open residential planning consent, this scheme would attract student overspill for those who can't secure College accommodation or do not wish to live on campus.
4: Major regeneration at the Grafton Centre - located directly behind Duke's Court - is undergoing transformation into a mixed retail and science/technology hub, delivering:
- new lab and office space
- over 2,000 new jobs
- revitalised retail and leisure environment
- new public square (Fitzroy Square)

This regeneration will significantly strengthen rental demand for residential accommodation from professionals and researchers.

*** contact Bidwells for further information or your early opportunity to view ***