2-bedroom flat · CB24 6BJ
Sold STCListed 216 days
Opportunity summary
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About
Walkling Way is conveniently located in the ever-popular village of Milton offering excellent access to both the A14, Cambridge North station, as well as the Science and Business Park and Milton Country Park.
The communal entrance is entered via a secure entry system with stairs leading to the first floor. The front door of the apartment opens into the bright living/dining room.
The large kitchen has been comprehensively fitted with a range of wall and base-mounted units, with ample work surfaces and an inset stainless steel sink overlooking the communal gardens.
There are integrated appliances including an new induction hob with an extractor over, a new fridge/freezer and an electric oven.
A utility cupboard houses the boiler (just over a year old) and washer/dryer and has useful shelves and hooks for storage.
Both bedrooms are of a good size with bedroom one benefiting from built-in wardrobes.
Bedroom two offers a high degree of versatility and is currently used as a second bedroom but could additionally be used as a home office.
The bathroom has been recently renovated and has been fitted with a modern three-piece white suite with a shower over the bath, glass shower screen and finished with attractive tiling.
Outside the property has the use of allocated off-street parking, a drying area, bike storage and a private secure store ideal for gardening/cleaning equipment.
The property is leasehold with 96 years remaining with a ground rent of £10 pa. The Service Charge is £294 pa and this is reviewed every year with any increase based on building need and estimations.
Milton is a popular village, conveniently located just north of the city, with the Science Park and Cambridge City Centre easily accessible by car or bicycle.
Cambridge North Train Station is also nearby providing access to the city centre, London King's Cross and further London connections.
The village is located close to the A14 and M11, providing convenient access to major road networks beyond and also within a short walking distance of the River Cam which is on the national cycle network route to Cambridge and Ely.
Milton offers a wide range of local amenities including a large Tesco supermarket, veterinary hospital, parish church, several public houses and a primary school.
For leisure pursuits there is the Community Centre and Milton Country Park which hosts a number of sporting and recreational events throughout the year.
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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