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See how verdicts work1-bedroom bungalow · CB24 9YD
For saleReduced £4k (−2.1%) on 21 JunListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to purchase with no onward chain is this 75% shared ownership property designed for the over 60’s and part of a fantastic scheme with South Cambridgeshire District Council Constructed around the early 1990’s, this terraced home is part of a small development of homes designed for the over 60’s.
This terraced bungalow benefits from a large reception room with a window to the front and large window and door opening into the rear garden.
Adjoining the living room is a kitchen with cupboards at both eye level and base level, a built-in shelved cupboard and space for white goods.
To the rear of the property is a double bedroom, overlooking the rear garden and benefitting from fitted wardrobes. Off the entrance hall is a wet room, ideal for those with limited mobility.
Throughout the property are several storage cupboards including a large storage cupboard off the living room, a cupboard externally to the front and a cupboard of the entrance hall.
Externally, there is resident parking to the front and a small, gravelled garden to the front with concrete pathway leading towards the front door.
The rear garden is fully enclosed, laid predominantly to a mixture of patio and gravel and benefitting from a large timber built shed/workshop.
Location Histon is widely acknowledged as being one of the most sought-after villages north of Cambridge.
Its particularly convenient location just 3 miles from Cambridge city centre adds to its popularity and communications are first class, the A14 and M11 being within a few minutes’ drive.
Histon is served by Cambridgeshire County Council's Guided Busway with an estimated journey time to the Science Park of approximately 3 minutes and is a 10-minute cycle.
It is also conveniently located for Cambridge North railway station.
The village boasts many local facilities including excellent schooling for all ages from pre-school to sixth form, including the well regarded Impington Village College.
Good local shopping is available in the village and there is a regular bus service to Cambridge. Girton Golf Club is also within a few minutes’ drive.
Tenure Leasehold Lease length – 125 years from 11th June 2010 with 109 years currently remaining on the lease.
Ground Rent - £6.50per quarter (£26 annually) Service Charge - Currently £163.49per quarter (£653.96 annually) Services Mains services connected include: Electricity, water and mains drainage.
Electric heating Statutory Authorities South Cambridgeshire District Council Council tax band-b Fixtures And Fittings Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale of the freehold interest.
Viewing Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris Agents Note Agent Note – The property is part of a shared ownership scheme with South Cambridgeshire District Council and is designed for the over 60’s.
The property is being sold as a 75% share with no rent owed on the remaining 25%.
The value of the property has been determined by a RICS Chartered Surveyor with the full value of the property being £252,000. Buildings Insurance - £13.04 per quarter (£52.16 annually)
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.
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FAQ
About 6, Greenleas, Histon, Cambridge
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