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For saleListed 1 day
Opportunity summary
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About
Situated within the popular Iron Works development in Cambridge, this beautifully presented two bedroom apartment offers approximately 75 sqm (807 sq ft) of modern living space, complete with a private balcony and communal lift access.
Located on the third floor, the apartment was originally purchased as a new build in 2021 and has been maintained to an excellent standard throughout.
The property features a bright and spacious open plan kitchen, dining and living area, with large double glazed doors providing plenty of natural light and access to the private balcony.
The contemporary fitted kitchen comes with integrated appliances and ample storage space.
There are two generously sized double bedrooms, including a master bedroom with an en-suite shower room and built in wardrobe. A separate modern family bathroom serves the second bedroom.
The apartment also benefits from three storage cupboards off the entrance hallway, including a dedicated utility cupboard, providing excellent practical storage.
Built to modern construction and insulation standards, the property benefits from underfloor heating, a communal hot water system and an EPC rating of B, offering excellent energy efficiency.
The development is conveniently located for Cambridge city centre, Cambridge railway station and the vibrant Mill Road area, with its wide selection of independent shops, cafés and restaurants.
Key Features - Two spacious double bedrooms - Master bedroom with en-suite shower room - Approximately 75 sqm (807 sq ft) - Third floor apartment with communal lift access - Private balcony - Modern open plan kitchen, dining and living area - Integrated kitchen appliances - Underfloor heating throughout - Double glazed windows and modern insulation - Communal hot water system - Excellent EPC rating B - Approximately 235 years remaining on the lease - Approximately 5 years remaining on the new build warranty - Built in 2021 as part of the Iron Works development - Convenient location for Cambridge city centre and railway station Additional Information Tenure: Leasehold Lease Remaining: Approximately 235 years EPC Rating: B Floor Area: Approximately 75 sqm Council Tax Band: D Service Charge: £3,111 per year Ground Rent: £0 New Build Warranty: Approximately 5 years remaining, subject to warranty terms Viewing Arrangements Early viewing is highly recommended to appreciate the space, condition and quality of accommodation on offer.
Contact Pure Living to arrange a viewing or request further information.
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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