We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CB2 8BT
Listing removedReduced £35k (−7.2%) on 22 JulListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright, spacious and immaculately presented, 2 bedroom, fourth floor apartment with allocated parking space situated for easy access to Cambridge city centre.
City Centre 1 mile, Mainline Railway Station 0.5 of a mile, (King's Cross 52 minutes and Liverpool Street 67 minutes) M11 (Junction 11) 2.5 miles (distances and times are approximate).
The property forms part of the prestigious Accordia Living development where innovative architecture fuses brick, copper, glass, oak and limestone to striking effect.
The scheme, which was designed with the focus on creating a close, cohesive community with green and open spaces complemented by 100's of existing mature trees, has won numerous awards including the 2008 riba Sterling Prize for Architecture.
15 The Steel Building was built in 2008 by Redeham Homes and provides a spacious interior flooded with light from large deep glazed windows.
The property is situated within the award winning Accordia development off Brooklands Avenue.
Some of the most highly regarded schools in the city, such as St Faith's, The Perse, St Mary's and The Leys are within easy walking or cycling distance and the University Botanic Gardens are just a few hundred yards away on the opposite side of Brooklands Avenue.
London commuters are particularly well served with a Mainline Railway Station about half a mile to the east with services to King's Cross and Liverpool Street and the M11 (junction 11) is about 2.5 miles to the south, providing access to Stansted Airport and beyond.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 15 The Steel Building,, Kingfisher Way, Cambridgeshire
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