We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · CB1 3PE
Listing removedListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor retirement flat off Mill Road with one double bedroom, sitting room, kitchen and shower room. Well served by communal facilities and sold with no upward chain.
Millcroft Court is a purpose built retirement complex of similar homes for the over 60's set within beautifully kept communal garden areas and with ample residents car parking.
The scheme sits back from Mill Road with secure barrier access and offers many conveniences with a good range of shops, cafes, supermarkets, post office, chemist, doctors etc all on your doorstep.
The city centre, Addenbrookes hospital and the railway station are all within easy reach too with a bus stop located just outside the development.
Millcroft Court has an enviable community feel with a large residents lounge which hosts regular events, a quiet first floor reading room with seating terrace overlooking gardens and two laundry rooms.
There is a house manager on site during working hours and each apartment has a 24 hour careline system installed.
Number 35 is located on the first floor at the front of the building and is accessible by lift and stairs.
The apartment comprises hallway with storage cupboard, well proportioned sitting room which is open to the kitchen area which includes integrated appliances, generous double bedroom with built in wardrobes and a modern remodelled three piece shower room with double width cubicle.
The windows are double glazed and there is an electric heating system.
Outside - There are beautifully kept gardens to the side and rear in addition to ample car parking in the residents car park to the front of the building.
TENURE - Leasehold TERM - 99 years from 1987 MAINTENANCE CHARGES - £1676.39 twice yearly GROUND RENT - £137.54 twice yearly COUNCIL TAX- Band B LOCAL AUTHORITY - Cambridge City Council FIXTURES & FITTINGS - Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale
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 Mill Road, Cambridge
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