1-bedroom flat · CB1 2PT
Listing removedListed 591 days
Opportunity summary
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About
A delightful, completely modernised 1 bedroom apartment, that has its own entrance and garden, the property has been completely refurbished including new kitchen/bathroom/flooring and re decoration throughout, being sold with no onward chain 112 St.
Matthew's Gardens forms part of a popular scheme of residential homes built in the early 2000s.
The buildings offer pleasant surroundings and there is secure undercroft parking available, as well as a secure shared bike store.
In brief the accommodation consists; A welcoming entrance hallway gives access to all rooms. The open plan Kitchen/living room is light bright and airy.
There are patio doors to the garden, window to front aspect.
The brand-new kitchen has a range of cabinets and drawers, integrated appliances, integrated oven, 4 ring hob with extractor above, breakfast bar for informal dining.
The bedroom is a good size double, with built in wardrobe window to rear aspect. The refitted bathroom, has a bath with shower over, WC, hand wash basin, finished with contemporary tiling.
Outside, the apartment, has its own staircase leading down to the front door.
There is a private garden that number 112 has sole use of, with patio, the remainder currently shingled for low maintenance.
There are very well-kept communal gardens in addition to an allocated car parking space within the underground car park located below the central green.
St Matthews Gardens is a modern development of stylish apartments and townhouses set around an extensive central green with an underground car park beneath.
The location allows for easy access to the city centre and railway station and there are significant retail and recreational facilities within easy walking distance including the Beehive Centre, Grafton Centre and Retail Park which are situated just moments away.
Tenure - Leasehold Term - 125 years from January 2002 with 101 years remaining Maintenance charges - £3501.53 pa Ground rent - £250 pa Council tax - Band C Services - All mains’ services are believed to be connected to the property local authority – Cambridge Agents Note; - The apartment has recently been tanked and the sellers are awaiting the 10-year guarantee
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 112, St. Matthews Gardens, Cambridge
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