2-bedroom flat · CB5 8NZ
For saleReduced £50k (−11.1%) on 26 SepListed 345 days
Opportunity summary
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About
A stylish second floor, two bedroom apartment forming part of this exclusive development at Riverside Cambridge within walking distance of the historic City and the River Cam.
- Cambridge City Centre – approx. 0.5 miles - Cambridge Railway Station – approx. 1.3 miles - Addenbrookes Hospital - approx.
3.7 miles • Modern & spacious apartment • Open-plan sitting/dining room with balcony • Residents gym along with concierge service • Allocated undercroft parking space & cycle storage • Tenant in situ until October 2026 • EPC rating B Description: The property is accessed via a secure intercom entry system, with both stairs and lift providing access to the second floor.
Inside, a spacious entrance hall leads to all rooms.
The open-plan sitting/dining area features oak flooring and extensive south-facing glazing, including a sliding glass door that opens onto a private balcony, creating a bright and inviting living space.
The adjoining kitchen can be enclosed with sliding pocket doors and is well-appointed with wood-effect cabinetry, granite u-shaped worktops, and integrated Siemens appliances including a fridge freezer, dishwasher, stainless steel oven, and induction hob, all set on a tiled floor.
There are two double bedrooms, with the principal offering generous proportions, built-in mirrored wardrobes, and a sleek, fully tiled en-suite shower room.
The second bedroom is also a comfortable double, ideal for guests or home working.
The family bathroom mirrors the en-suite’s contemporary style, fitted with Vitra sanitary ware and a shower over a deep bathtub.
The development benefits from a communal heating and hot water system, with the apartment itself enjoying underfloor heating throughout.
Outside: The property also includes a secure, gated undercroft parking space and ample cycle storage.
Residents of the ‘Cambridge Riverside’ scheme further benefit from an on-site concierge service and access to a well-equipped private gym.
Location: The property is just 300 yards from Midsummer Common and the River Cam, offering green space and punting opportunities.
Cambridge city centre provides a wide range of shopping and leisure options, including the Grafton Centre (1 mile), Grand Arcade (1.1 miles), and a lively daily market.
Nearby retail hubs include the Beehive Centre (0.8 miles) and Cambridge Retail Park (0.7 miles), home to Boots, Dunelm, M&S Food Hall, tk Maxx, and a large Asda.
Cambridge railway station is 1.5 miles away, with services to London and Stansted Airport in approximately 50 and 28 minutes.
A variety of schools for all age groups are available across both state and independent sectors. All distances and times are approximate.
Additional Information: Tenure: Leasehold with 984 years remaining Ground Rent: Approx. £450 per annum Service Charge: Approx. £3,939.03 (2025) per annum Services: Mains gas, water and electricity.
There is a communal heating and hot water system in the block, and the property has under floor heating throughout.
Local Authority: Cambridge City Council Council Tax: Band D Viewings: Strictly by telephone appointment with the Selling Agents, Carter Jonas
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.
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FAQ
About 27, Keynes House, Cambridge
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