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See how verdicts work1-bedroom flat · CB2 1LR
For saleReduced £10k (−3.6%) on 21 AugListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, top floor one bedroom apartment in a desirable central location just moments from the railway station and city centre. Available with no upward chain.
Bateman Street is a delightful location in the prestigious Newtown area of the city, off Hills Road, just a short walk to the historic city centre and mainline railway station.
There are an abundance of shops, cafes and restaurants at the end of the street and highly regarded schooling is available nearby, as are the renowned Botanical Gardens.
The property is a top (3rd) floor apartment which is sold with the advantage of no upward chain. There is a gas radiator heating system and use of a shared garden space.
Stairs from the communal hallway lead up to the apartment and the entrance door takes you into a hallway with a large built in storage cupboard and intercom entry phone.
The living/dining room is a generous space with dual aspect windows. There is a gas fired boiler.
The kitchen comprises a range of wall and base units with work surfaces as well an integrated electric oven and gas hob. Additionally plumbing for a washing machine.
The double bedroom features dual aspect windows and there is a three piece bathroom with shower over the bath. Outside - The apartment has use of a shared garden to the rear.
Residents permit parking operates within the area.
Tenure - Leasehold Term - 149 years remaining Maintenance charges - £ tbc Ground rent - Peppercorn Council tax - Band D Services - All mains services are believed to be connected to the property Local authority - Cambridge City Council Fixtures & fittings - Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale Viewings - Strictly through the vendors selling agents
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
Agent & docs
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FAQ
About Flat 5, 56, Bateman Street, Cambridge
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