2-bedroom flat · CB3 0JE
For saleReduced £7.5k (−2.4%) on 6 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional, spacious and light, two double bedroom apartment with modern kitchen and bathroom and long lease in a desirable setting off Huntingdon Road, within walking distance of the city centre, with residents car parking.
St Stephen's Place is located off Huntingdon Road, convenient for access to the historic city centre and college buildings which can be reached with a modest 15 minute walk.
The A14 is around 2 miles away and there are regular bus services nearby. The property is a purpose built first floor apartment in a well respected scheme of similar homes.
Very well presented throughout with a modern kitchen and bathroom in addition to double glazed windows and a gas fired radiator central heating system.
The secure communal hallway is accessible via an intercom entry phone system.
Stairs take you up to the first floor where the apartments entrance hall has two built in cupboards, one of which houses the wall mounted gas fired boiler.
The beautifully spacious and light living room offers a large bay window overlooking the front, whilst a door leads you in to the well equipped modern kitchen/dining room, with two windows which look out over the gardens to the rear.
There is a range of re-fitted wall and base units and work surfaces in addition to an integrated electric oven and gas hob with extractor over, integrated dishwasher, stainless steel sink and drainer and plumbing for washing machine as well as space for a fridge freezer and small table and chairs.
There are two well proportioned double bedrooms with the principal room having ample space for wardrobes (those in place can be negotiated if required).
The stylish re-fitted three piece bathroom features a shower over the bath with glass screen, w.c and wash hand basin.
There are fully tiled walls and flooring, an air extractor fan and chrome heated towel rail. Outside - There are well kept communal garden areas, residents car parking and bicycle storage.
Tenure - Leasehold Term - tbc Maintenance charges - tbc Ground rent - tbc
Value & comps
No previous sales on record.
Returns
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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 41, St. Stephens Place, Cambridge
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