Cambridge - An education on where to live
17 OCTOBER 2013
Steeped in history Cambridge is proving to be more than just an attraction for tourists. The university town is increasingly becoming a destination for people wanting to live out of London but not relinquish the benefits of city living.
Estate agents in the area are reporting an increase in the number of enquiries for family properties. But why are people only just waking up to the dream of living in Cambridge?
Only 50 miles from London, trains into Kings Cross take 45 minutes or an hour into Liverpool Street Station making it an easy commute and Cambridge Airport gives access to some European destinations. For many, there is no commute. Cambridge is at the heart of software and bioscience industries which have spun out of the university, and companies like AstraZenica are moving their headquarters to the city. Additionally Addenbrooke’s, a world-renowned teaching hospital, is a draw for a lot of employment.
An interesting fact about Cambridge is that over 40% of the workforce have a higher education qualification. Many who went to Cambridge University, including international students, are being drawn back to their educational roots and this time bringing their families with them.
Walking and cycling to the many excellent schools is very feasible and there is none of the pressure for places that is a feature of the London schools market. Houses can offer good value for money too as well as plenty of space and if a swimming pool and tennis court are on your wish list it’s a realistic ambition.
And if that’s not enough amidst the backdrop of the city’s beautiful architecture is an array of cultural offerings from the Fitzwilliam museum to punting along the River Cam.
But like anything of historical significance, there can be some quirky elements to buying property. Houses that once belonged to the university for use by the scholars and clergymen can come with covenants so seeking sound advice for your investment would always be recommended.