3-bedroom house · CB1 3NT
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive three-bedroom semi-detached home has been thoughtfully designed to offer flexible, openplan living, ideal for modern day lifestyles.
The ground floor is arranged around a bright and spacious kitchen/living/dining area, with doors opening directly onto the rear garden - perfect for everyday living and entertaining alike.
An entrance hall, utility room and downstairs cloakroom complete the accommodation on this level.
Upstairs, the first floor provides three well proportioned bedrooms served by a contemporary family bathroom.
Outside, the property enjoys a private rear garden with a patio area, offering a pleasant space to relax or dine outdoors, along with off-road parking for one car.
Lanterns is located in a well-connected and sought-after area of Cambridge, offering a prime location for both professionals and families.
The development is ideally positioned just 1.3 miles from Cambridge Train Station, providing convenient access to London and other major cities.
Addenbrooke’s Hospital, one of the leading medical centres in the region, is only about a mile away and easily reachable by foot, bike, or a short bus ride.
The area is also well-served by public transport, with frequent bus services running along Perne Road and nearby routes.
Residents will enjoy excellent access to several supermarkets within a short drive or cycle.
The vibrant Cambridge city centre is approximately 2 miles away, offering a rich mix of shopping, dining, and cultural attractions.
Whether commuting, studying, or enjoying the city’s green spaces and historic charm, Perne Road provides a balanced lifestyle with convenience at its core.
Disclaimer – The images shown are of a previous show home by Blues Property and are for illustrative purposes only, are not plot specific and may vary from finishes within individual properties.
The information given is without responsibility on the part of the agent (sellers) and you should not rely on the information being factually accurate about the property.
Neither Carter Jonas llp nor anyone in its employment or acting on its behalf have the authority to make any representation or warranty in relation to this property.
The areas, measurements and distances are approximate only.
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 Plot 1 The Lanterns, 195, Perne Road, Cambridge
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