4-bedroom house · CB23 7XZ
For saleReduced £75k (−13.6%) on 4 JulListed 495 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to purchase an unfinished new build project. A detached house with four bedrooms over three floors, two reception rooms and large kitchen area.
The property is not habitable in it's present state and requires a cash purchase only.
Set in a very tucked away end of cul de sac position off Hall Drive in the popular village of Hardwick, 6.5 miles west of Cambridge.
There is a primary school in the village and well stocked Post Office/ village store. Entrance hall 3.15 m x 3.10 m (10'4" x 10'2") Sitting room Fire place with space for open fire or wood burner.
Dining room 3.76 m x 3.00 m (12'4" x 9'10") Kitchen 3.73 m x 3.45 m (12'3" x 11'4") First floor landing/study area 3.94 m x 3.20 m (12'11" x 10'6") Bedroom one 4.85 m x 3.48 m (15'11" x 11'5") with en-suite Bedroom two 3.66 m x 3.66 m (12'0" x 12'0") Bedroom three 3.71 m x 3.28 m (12'2" x 10'9") Bathroom Second floor Loft Room/ Primary Bedroom 9.47 m x 4.75 m (31'1" x 15'7") Potential for en-suite / dressing room Outside Good sized front garden area, rear garden at present uncultivated.
Please note; the Garage/Workshop show on the site plan remains unbuilt and will be sold unbuilt.
Agents note Please note this is an unfinished detached property, and the buyer will need to carry out their own due diligence to ascertain what is required to finish.
The asking price is for the property as it is shown. It is not habitable, and would be deemed un mortgagable by most lenders.
Nb The property is owned by a relative of an employee of Pocock + Shaw and this interest is hereby declared in accordance with the Estate Agents' Act 1979 Tenure Freehold Services Sewer is connected.
Electricity and gas is available to the plot from the road. Water is piped from mains to the house (will require a meter and connecting to the mains).
Viewing The property has no stair case, a ladder is in place, and extreme caution needs to be exercised when viewing. No external paving etc. Services All mains services are connected.
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
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FAQ
About 4 Lark Rise, Cambridge
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