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See how verdicts workStudio flat · CB4 3EH
For saleReduced £15k (−9.1%) on 21 JunListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned lower ground floor studio apartment forming part of this prestigious development for full time students. A superb investment opportunity with a solid return.
Primrose Lodge is a prestigious student development of well proportioned apartments which are individually owned by private landlords.
The building benefits from a good degree of security for residents including CCTV and an entry phone system. There is a secure internal bike storage room with bike racks and communal bin store.
Communal garden space is available and there is a common room for socialising as well as a shared study space.
The development is situated at end of Primrose Street, within easy reach of the city centre and all the colleges.
The property is quietly located on the lower ground floor at the back offering a good degree of privacy and accommodation, which is well proportioned, consists of a large bed sitting room with a large window overlooking gardens and a built in double wardrobe with mirrored sliding doors.
The kitchen area is fitted in a modern style with ample storage cupboards, an integrated fridge/freezer, washer/dryer, microwave combination oven and electric hob.
The particularly large shower room has a three piece suite with shower cubicle, w.c and wash hand basin. The property currently has a tenancy until August for £1100 pcm.
Tenure - Leasehold Term - 250 years from 2016 Maintenance charges - £1300 pa Ground rent - £250 pa Postcode - CB4 3EH council tax - Band A Services - All mains services are believed to be connected to the property fixtures & fittings - Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale Viewings - Strictly through the vendors selling agents
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
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FAQ
About Flat 5 Primrose Lodge, Primrose Street, Cambridge
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