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 198, is a contemporary three-bedroom apartment located in the highly sought-after Canalside Quarter of Cambridge. Offering a spacious open-plan kitchen, dining, and living area with access to a private balcony, this property blends modern design with functional living. The principal bedroom benefits from an en-suite bathroom, while two additional bedrooms share a well-appointed family bathroom. Situated close to the Oxford Canal, the apartment provides a peaceful yet convenient urban lifestyle.

Residents enjoy excellent connectivity with Cambridge Station just a short drive away, offering fast rail links to London and other major cities. The surrounding area boasts a mix of green spaces, local shops, and eateries, making it ideal for families, professionals, and investors seeking strong rental demand. Future developments in the Canalside Quarter promise continued growth and enhanced amenities, securing this property’s appeal for years to come.

Property Features

This apartment boasts a bright and airy open-plan kitchen, dining, and living space with direct access to a balcony overlooking the canal area. The principal bedroom includes a private en-suite bathroom, while two further bedrooms share a modern family bathroom. Additional features include integrated wardrobes, a utility store with washer/dryer, and mechanical ventilation with heat recovery, ensuring comfort and convenience year-round.

BalconyEn-suite bathroomOpen-plan livingModern kitchenUtility storeWardrobes+2

Local Amenities

Located within the vibrant Canalside Quarter, this property offers easy access to a range of local amenities. The nearby Cambridge Station provides excellent rail connections, while the Oxford Canal and Canalside Park offer scenic outdoor spaces for recreation. Families will appreciate proximity to well-regarded schools such as The Meadows Primary School and Coleridge Community College. Daily essentials are covered by Tesco Express and various local shops, complemented by a selection of cafes and restaurants. Frequent bus services connect residents to wider Cambridge and surrounding areas.

Cambridge StationOxford CanalCanalside ParkThe Meadows Primary SchoolColeridge Community CollegeTesco Express+3
Cambridge Station Train Station (1.5 miles, 7 mins drive) • N/A (property is within Cambridge) to Cambridge

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£554,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£231/mo
Estimated Ground Rent£19/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£554,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£231/mo
Estimated Ground Rent£19/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
75/100
ChallengingModerateGoodExcellent
Strong rental demand from students and professionals
Proximity to Cambridge Station with direct London links
Growing local economy and ongoing development
Limited immediate international airport access

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£554,950
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£231/mo
Estimated Ground Rent£19/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 £1,989/mo rent
Area Price Growth
+1.0%
Average annual increase
5-Year Value Forecast
£584,414
+£29,464 projected gain
5-Year Rent Forecast
£2,397/mo
Based on 3.8% annual growth
Price per Sq Ft£653
Annual Rent Income£23,868
10-Year ROI172%
Break-Even Point29 yrs

Property Value Projection

Based on 1.0% annual growth
£584,414
5yr
£615,442
10yr
£648,118
15yr
£682,528
20yr
£718,766
25yr
Current: £554,950

Monthly Rental Income

Based on 3.8% annual growth
£2,397
5yr
£2,888
10yr
£3,480
15yr
£4,194
20yr
£5,053
25yr
Current: £1,989/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

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London King's Cross
50 mins
1h 20m
Heathrow Airport
1h 50m
1h 15m

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

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

Location Scores

78
Walk Score
Very Walkable
70
Transit Score
Excellent Transit
65
Bike Score
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
Within 2 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£554,950
AvailableNB0000025335
View Location Analytics

The Penrose, Number 198

Oxford, Oxford CB3 1SE
Canalside Quarter
3
Bedrooms
2
Bathrooms
850
Est. Sq ft
apartment
Type
Available Plot Numbers
198
1 plot(s) available
Ownershipleasehold

Request Information

£554,950The Penrose, Number 198

Enquire About This Property

The Penrose, Number 198
The Penrose, Number 198Oxford£554,950

Property Assistant

Ask me anything