2-bedroom bungalow · CB22 7QN
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A good sized mid terraced two bedroom bungalow for the over 60's just over 5 miles south of Cambridge. Set on a lovely end of cul de sac postion, with a small manageable rear garden.
Kitchen, sitting room, two bedrooms and shower room. Sold on a 75% shared ownership basis. Recessed entrance porch Glazed entrance door to: Entrance hall Radiator, single boiler cupboard.
Sitting room 4.29 m x 3.25 m (14'1" x 10'8") Window to the front, radiator. Oak block effect flooring.
Kitchen 3.53 m x 2.84 m (11'7" x 9'4") Refitted range of units set under a contrasting work surface, inset single single drainer stainless steel sink unit, range of drawer line base units.
Part ceramic tiled splashback and matching wall cupboards. Window to the rear, and glazed door to the rear garden. Radiator.
Bedroom one 3.30 m x 3.15 m (10'10" x 10'4") Window to the rear, radiator and single fitted cupboard.
Bedroom two 3.28 m x 2.31 m (10'9" x 7'7") Window to the front, radiator and single fitted cupboard.
Shower wet room Fitted suite with wall mounted wash basin, close coupled wc and shower area, radiator and window to the rear.
Outside There is a small open plan garden to the front with lawn, shared pedestrian access to the rear. An enclosed well rear garden, with hedge and fencing to the boundaries. Patio area.
Services All mains services are connected Tenure The property is Leasehold. 125 year lease . The maximum amount that can be purchased on the scheme is 75% with the Council retaining a 25% share.
There is no rent payable on the remaining 25%. However, the leaseholder does pay a variable quarterly service charge to the Council.
The Service Charge for 2025/26 Service charge £ 226.32 per quarter Buildings Insurance £ 16.22 per quarter Ground Rent £ 6.50 per quarter Total £ 249.04 per quarter Viewing By prior appointment with Poccok and Shaw
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
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FAQ
About 116 Queens Close, Cambridge
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