The Levels is a development that consists of a total of 54 apartments within a three to six storey building on the corner of Hills Road and Homerton Street. There are 38 private apartments (27 No. 2 bed and 11 No. 1 bed) within the development along with 16 affordable flats and commercial space at street level along Hills Road.
The Grosvenor Residential Investment Fund has purchased 28 of the private sale flats situated on the first, second and third floors of the scheme. These flats comprise 11 one bedroom flats of between 506 and 646 sq ft and 18 two bedroom flats of between 829 and 1,076 sq ft. The purchase includes a single off street parking place for each flat.
The flats have been purchased with vacant possession and then let into the Cambridge rental market and retained, prior to a disposal with Vacant Possession at the end of the hold period.