2-bedroom flat · CB5 8BX
For saleReduced £10k (−2.9%) on 2 OctListed 70 days
Opportunity summary
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About
A beautifully presented two bedroom second floor apartment extending to approximately 864sqft.
The property further benefits from a balcony with views over the communal garden and secure parking located close to local amenities and transport links.
Approach & Communal Areas The property is approached via a pathway leading to a secure communal entrance door opening into a well presented communal entrance hall which is carpeted, LED spotlights, post boxes, lift and stair access to upper floors, together with access to the undercroft parking area.
The apartment is situated on the second floor.
Entrance Hall Front door leading into the entrance hall with wood effect laminate flooring, LED spotlights, underfloor heating and three useful storage cupboards, one of which provides space and plumbing for a washing machine together with the ventilation unit.
Sitting/Dining Room An open plan reception space with continuation of the wood effect laminate flooring, LED spotlights and underfloor heating.
UPVC double glazed door opening onto the private balcony overlooking the communal gardens together with a UPVC double glazed window enjoying the same outlook.
Kitchen Fitted with a comprehensive range of soft close wall and base units beneath quartz work surfaces incorporating a stainless steel one and a half bowl sink with drainer and mixer tap.
Integrated appliances include a Bosch oven, Bosch four ring induction hob with extractor canopy and splashback, Bosch microwave, Zanussi dishwasher and Zanussi fridge and freezer.
Wood effect laminate flooring and LED spotlights.
Principal Bedroom Carpeted with UPVC double glazed window overlooking the communal gardens, LED spotlights, built in wardrobe with mirrored sliding doors incorporating shelving and hanging rail, together with door to: En Suite Shower Room Three piece suite comprising walk in tiled shower, hand wash basin and low level WC.
Part tiled walls, tiled flooring, heated towel rail, extractor fan and LED spotlights.
Bedroom Two Carpeted with UPVC double glazed window overlooking the balcony and communal gardens beyond together with LED spotlights.
Bathroom Three piece suite comprising panel enclosed bath with shower over, hand wash basin and low level WC. Part tiled walls, tiled flooring, heated towel rail and LED spotlights.
Outside The development benefits from secure gated undercroft parking together with attractive communal gardens incorporating raised beds planted with a variety of shrubs, seating areas, pathways and areas of artificial lawn.
The gardens are enclosed by iron railings and mature hedging.
Agents Note Tenure - Leasehold Length of Lease - 245 Years Remaining Annual Ground Rent - £0 Annual Service Charge - £3,400 plus an additional £200 estate charge
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 126, Marleigh Avenue, Cambridge
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