Studio flat · CB1 3AF
For saleListed 682 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built ground floor studio apartment in the heart of Romsey Town, close to local shops, amenities and the railway station. Sold with no upward chain.
Cavendish Road is a sought after residential street in the heart of Romsey Town with all the independent shops, cafes and facilities Mill Road has become famous for on your doorstep.
The city centre is located just over 1 mile away, the railway station (with fast trains to London) around 0.7 miles and the Addenbrookes Hospital Biomedical Campus less than 2 miles.
The property is a purpose built ground floor studio apartment which is sold with the advantage of no upward chain.
The property can be accessed via doors to both the front - from the street, and back - to the car park.
There is a well proportioned bed/sitting studio room with window to the front elevation and three useful fitted storage cupboards/wardrobes. Ample room for both bed and living furniture.
The inner hallway has an airing cupboard and leads to both the kitchen and bathroom. The bathroom has a three piece suite and window to the rear elevation.
The fitted kitchen comprises a range of units and work surfaces and a door leads to the back of the property.
Outside - There is an allocated car parking space within the rear car park as well as communal bicycle and bin stores.
Tenure - Leasehold Term - Current lease can be extended to 219 years from completion Maintenance charges - tbc Ground rent - £30 Per Annum Postcode - CB1 3AF council tax - Band A Services - All mains services apart from gas are believed to be connected to the property Local authority - Cambridge
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.
Area
Agent & docs
FAQ
About 22, Cavendish Road, Cambridge
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