2-bedroom flat · CB5 8AG
Listing removedListed 70 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elegant & updated, exclusive second floor, two double bedroom unfurnished apartment in this unique riverside development. Balcony over riverside. Rarely available. Unfurnished.
Sought after city centre location near to Magdalene Bridge. River views from all windows and balcony. Own garage. One minute`s walk to shops, restaurants , colleges and Jesus Green.
Finished to exceptionally high standard. Designer bathroom with walk in separate shower and double ended bath. Access to second floor by lift/stairs.
Private entrance lobby, hallway, reception room with panoramic views directly over river. Flame effect gas fire feature . Solid oak flooring . Comfortable seating and dining areas, TV.
Door to balcony with view up river of Magdalene Bridge and Trinity College. Fully fitted designer kitchen with dishwasher and granite worktops. Separate utility area with washer and drier - fitted.
2 equal double bedrooms with large built-in wardrobes , views directly over river and sliding doors to balcony. Large updated bathroom with bath, 2 x washbasins, WC and separate shower.
UNFURNISHED Electric boiler central heating. Own garage in basement of building suitable for small to medium size car . Secure entry system. Must be viewed to appreciate `wow` factor !
Suitable for professionals /Mature students only.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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