2-bedroom flat · CB1 9YE
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor apartment of 636 sqft / 59 sqm, with residents parking and a useful secure bike store, moments from Cherry Hinton's High Street and less than a mile from Arm Ltd.
This ground floor apartment was built in the late 1970's, has gas central heating and is double glazed throughout.
The property is well suited to first-time / investment buyers alike, and enjoys a leafy position in a quiet area, within walking distance of Cherry Hinton's bustling High Street.
There is a bright open-plan living / dining room which benefits from southerly aspects.
The kitchen has been fitted with a matching range of base and eye-level units and has a door leading to a small garden with a communal green beyond.
The entrance hall has two useful built-in store cupboards. There are 2 double bedrooms and a bathroom with a p-shaped bath with shower over.
Outside, the development benefits from well-tended communal gardens. There is also plenty of residents parking. The property also comes with a private secure brick store.
The Lease has about 96 years remaining. There is a service charge of £708 per annum, and a ground rent of £10 per annum.
Bliss Way is located in the heart of Cherry Hinton, a highly sought-after village, conveniently situated about 3 miles east of Cambridge City Centre and within the city boundary.
The area is incredibly well served by a traditional High Street with an excellent range of shops, pubs, restaurants and takeaways plus leisure and health facilities.
There is also a major Tesco supermarket off Yarrow Road.
The area is highly popular with commuters thanks to its excellent access to Addenbrooke's (1.5 miles), Cambridge station (2 miles) and arm Headquarters (1 mile).
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
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