Leading housebuilder Berkeley has launched an exclusive collection of new homes which offer first time buyers and investors a rare opportunity to live in a spacious studio apartment in the heart of Cambridge.
The apartments are available to buy at Newton Court, a modern and distinctive four storey building at Berkeley's landmark development, Cambridge Riverside. All studio apartments, which start from £209,950, have outdoor space with either a balcony or terrace.
These are in short supply and highly sought after in Cambridge, with Cambridge Riverside understood to be the city centre's only new build development offering studios.
Tina Dedman, Berkeley's Director of Sales and Marketing, comments: "These studio apartments offer buyers a unique opportunity to own a luxurious home in Cambridge. Cambridge Riverside is the perfect development for both first time buyers and investors who are looking for a high quality, good value home in such a prime location only minutes from the centre of Cambridge.
The homes are thoughtfully designed and offer superior quality fittings including a fully fitted kitchen with stone worktops, Siemens oven, integrated fridge/freezer and dishwasher.
For students, who face rental charges in the region of £12,000 over their three year course for official University of Cambridge accommodation, buying a home could prove an attractive alternative for them or their parents. They can therefore choose to purchase a property and have a premium asset at the end of theirs or their child's studies, rather than spending thousands of pounds on rent.
Cambridge Riverside is located within a short walk of the city centre and the university's world famous colleges. With a great selection of shops, boutiques, restaurants, cafés and bars, including the Grand Arcade for shopping and the Grafton Centre for entertainment, there are numerous places to enjoy the cosmopolitan atmosphere of this great city.
All buyers will be able to take advantage of Cambridge Riverside's concierge service and the state-of-the-art residents' gym.
The development also boasts excellent rail connections both regionally as well as direct into London via both King's Cross and Liverpool Street stations in just under an hour, and Stansted Airport is only a 35 minute drive away.