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See how verdicts work2-bedroom flat · CB24 1AX
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning, first floor 2 bedroom apartment in this popular development. Cambridge 10 miles, A14 3 miles, Huntingdon 12 miles, Longstanton Guided Busway 0.75 of a mile (distances are approximate).
62 Wellington Road is a 2 bedroom, first floor apartment, constructed in 2021 by the highly regarded David Wilson Homes, using many energy-efficient materials and systems.
The apartment has been extremely well-maintained by the currently owners and provides sleek, contemporary accommodation.
Northstowe is an innovative, international community set within a green, healthy, new town, just 10 miles west of Cambridge.
There are around 5 km of footpaths, cycleways and the town is also served by the Cambridgeshire Guided Busway, considered to be the world's longest and the UK's most scenic routes, easily accessible from the nearby Longstanton Park and Ride.
Local facilities include a sports pavilion and clubhouse with more amenities planned to include a community centre, shops and cafes, as part of the future town centre, in Phase Two.
In the meantime, there various shops, post office, hairdressers and amenities, around a 15 minute walk away in Longstanton.
Primary school education with early years provision, secondary schools and a sixth form are also available within Northstowe.
The University city of Cambridge provides an attractive combination of ancient and modern buildings, colleges, winding lanes, the tree lined River Cam and extensive shopping facilities together with an excellent choice of independent schools.
It also has become recognised as an important centre for the 'high tech' and 'bio tech' industries with the University Research and Development Laboratories, Science Park, ARM, Microsoft, AstraZeneca and Addenbrooke's Hospital/Biomedical Campus, one of the largest centres of health, science and medical research in the world.
For the commuter, a guided bus service runs from Huntingdon to Cambridge with a Park and Ride site at Longstanton, providing easy access to the city centre, Science Park, mainline railway station (services to King's Cross and Liverpool Street about 52 and 67 minutes respectively) and Addenbrookes Hospital/Biomedical Campus.
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
Agent & docs
FAQ
About 62, Wellington Road, Northstowe, Cambridge, Cambridgeshire
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