Property Description

Station Square, Cambridge, CB1

Station Square comprises of two distinct buildings offering stylish, modern living in a superb central location opposite Cambridge Station. The 89 one and two bedroom apartments occupy a prime position in this dynamic neighbourhood of homes, offices, restaurants, shops and open spaces; and all just one mile from the historic centre of Cambridge.
Station Square forms the residential focal point of the exciting, new quarter CB1. This new zone is an established mixed use community with a choice of popular coffee shops, bars, stylish dining, independent cafes and authentic global street food. CB1 is also home to two of the world’s leading tech firms in Microsoft and Amazon, as well the global consulting firm Deloitte. All of this within easy reach to one of world’s leading universities and directly opposite Cambridge Station, with direct fast-line connections into Central London.www.cb1cambridge.co.uk/

Reasons to buy at Station Square

• Regeneration – Station Square is the centre-piece within the major regeneration of ‘CB1’ – a new commercial and residential centre for Cambridge
  
• Education – Located within a short walk to the University of Cambridge, one of the finest Universities in the World. Also some of the best schools in the country located nearby including:

• The Perse Upper School
• Abbey College
• The Leys School
• St Andrew’s College
• Mander Portman Woodward

• Transport – Located opposite Cambridge Station, with direct journey times into London Liverpool St of 47mins, making it a good option for commuters
  
• Economy – Neighbouring commercial buildings in ‘CB1’ are home to Microsoft, Amazon and Deloitte, as well as Ernst & Young, BBC, Facebook, Huawei, Selfridges, Handelsbanken, John Lewis, Harrods, Sky, PwC, Facebook, Virgin, KPMG, ASOS and Burberry in the local area. 
  
• Lifestyle – 2 Hotels located within ‘CB1’ as well as a host of shops and restaurants on site including M&S Food, Sainsbury’s, Wasabi, Cafe Nero, Pret-a-Manger and Esquires Barbers. In the centre of the city residents are close to the Grand Arcade Shopping Mall, the Grafton Centre, as well as the historic high-street featuring John Lewis
  
• Investment – A huge pool of potential tenants and buyers to re-sell to given the University, many businesses and transport connections into Central London
  
• Under-supply – Lack of supply of new build apartments in Central Cambridge, with the majority of new build properties either houses or on the edge of the city
  
• International connections – Cambridge International Airport located 10mins away, as well as Stanstead Airport with flight connections into Europe can be reached in under 30mins. 
  
• Leisure – Some of England’s finest countryside moments from your door, with some fantastic  golf courses and of course punting and boating on the famous River Cam.
  
• Location – Central, affluent location
  
• Private – No affordable or social housing
  
• Furniture pack – included with all international sales until midnight the 9th of March 
  

Cambridge

Cambridge is instantly recognisable as a city of dramatic architecture, attractive cobbled streets and swathes of green open space.

The city’s world-famous university comprises  31 colleges with 150 departments, providing a wealth of courses ranging from languages to law. Cambridge’s schools are also among the best in the UK, including the highly regarded Perse and Leys schools.

Alongside the enchanting mix of old and new college buildings, plentiful parks and flower-filled gardens provide areas of peace and relaxation, as does a punt along the shimmering river. 

The cities employment has remained stable over recent years, by comparison to other UK cities, even striving in some sectors, particularly the technology industry which continues to be at the forefront of Cambridge’s economy. The ever growing Cambridge Science Park is home to 100 businesses and continues to attract more and more businesses each year, helping to expand the centres global recognition. The Science Park is one of the biggest employers in Cambridge with over 5,000 employees, followed by Marshall Aerospace with approximately 3,500 employees. The tourist sector is host to the most employees with 6,500 workers striving to expand the industry, and attracting worldwide visitors to the City.

Although Cambridge is a small city in size, its international stature and the extent of the facilities it offers are much greater than one would expect. The population of Cambridge was 123,900 in 2011.1 It is predicted that by 2031 the population will reach 150,000. 

The need for new housing in Cambridge is high. Large-scale housing developments are underway on sites at Trumpington Meadows, Clay Farm, Glebe Farm, the National Institute of Agricultural Botany (NIAB), and the University of Cambridge’s North West Cambridge site and these are expected to provide over 7,000 new homes. These sites, however, will not meet all future housing need to 2031, which is forecast to be around 14,000 new homes between 2011 and 2031.

With London house prices reaching record highs many people relocating are looking at prospects of living outside of the Capital. The efficient commute, global recognition and high living standards are expanding Cambridge’s reputation and attracting many relocating individuals. With the world class University, one of the UK’s top teaching hospitals, and excellent schooling, Cambridge has remained secure throughout the tough economic times and continues to grow.

CB1 Cambridge  – Development Location Circled in Red

Key Journey times

• Cambridge Train Station – 30 second walk (from this point 47mins direct to King’s Cross)
  
• CB1 (Microsoft, Amazon, Deloitte) – 30 second walk
  
• John Lewis (main shopping high-street) – 11min bus, 5min cycle, 20min walk
  
• Cambridge Business Park (BBC, Handelsbanken, Oracle, Ernst & Young) – 18min cycle, 22min car
  
• Cambridge Science Park (Huawei, Philips, Toshiba, Worldpay) – 23min cycle, 19min car

University of Cambridge Colleges

• Pembroke College – 14min bus, 7min cycle, 23min walk
  
• Christ’s College – 14min bus, 6min cycle, 23min walk
  
• Gonville & Caius College – 18min bus, 7min cycle, 27min walk
  
• Jesus College – 16min bus, 9min cycle, 27min walk
  
• Selwyn College – 21min bus, 11min cycle, 34min walk
  

Development: Station Square

Developer: Weston Homes

Address: King’s House & Trinity House, Station Square, Cambridge CB1 2JH

Units: 89 1-2 bedroom apartments

Affordable: 0Estimated completion: Spring 2020 – Spring 2021 (please consult me for unit specific dates)

Pricing Starting From1 beds: £365,0002 beds: £460,000Blended: £650psf

Parking: £10,000 for all 2 beds and a selection of 1 bedsService charge: est £2.50 per sqft

Ground rent: £300pa and £350pa

Lease length: 250 years

Reservation Process & Payment Terms

• £2,000 reservation fee
  
• 10% on exchange after 28 days (less £1,000 paid on reservation)
  
• 5% 12 months after exchange
  
• Remaining 85% on completion