2-bedroom terraced house · CB1 2PZ
Sold STCListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented two-bedroom Victorian house with scope to extend further, located in the ever-popular Petersfield area of the city, with a first-floor bathroom, many original features and close to Mill Road, the city centre and mainline railway station.
39 York Street is a charming family home offering open plan living, a first-floor bathroom, new sash windows throughout, and a private rear garden.
The accommodation is well planned and measures over 700 SQ FT.
In brief, the accommodation consists of: The living/dining room is open in design with dual aspect sash windows to the front aspect, working cast iron fireplace with surround and decorative tiling, original stripped floorboards, stairs to the first floor, under-stair storage cupboard, bespoke shelving with seating area.
The kitchen has a range of matching cabinets and drawers, ample work surfaces, an integrated Zanussi oven, space for appliances, a window to the rear aspect, door to the utility room.
The utility has space and plumbing for appliances, and a door to the rear garden. The first-floor accommodation has 2 double bedrooms off a central landing, with access to the loft space.
Bedroom 1 is a double located at the rear of the property, with original stripped floorboard, cast iron fireplace sash window overlooking the garden.
Bedroom 2 again is a double, with original stripped floorboards, a window to the front aspect, and a feature cast iron fireplace.
The bathroom is modern in design and has a bath with a shower over, WC, hand wash basin, finished with stylish tiling.
Outside, the private rear garden is predominantly laid to lawn, mature planting gives a high degree of privacy, there is a pathway to the foot of the garden, where there is a patio and timber storage shed that has power and lighting, as well as air conditioning connected.
There is a side passageway that gives access back to York Street York Street is a desirable road situated in a prime location within easy reach of the city centre.
The area is currently experiencing a surge in development investment, with both the Grafton and Beehive centres proposing large-scale world-class science hubs as well as further general commercial and residential improvement schemes.
The historic city centre is a short walk away, as is the mainline railway station, the retail park and multiple green spaces including Parker's Piece.
Agents note: There is a right-of-way for the neighbouring 4 properties. The air conditioning in the storage shed has not been serviced by the current vendors
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 39, York Street, Cambridge
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