2-bedroom flat · CB1 7TL
Let agreedReduced £100 (−5%) on 5 SepListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented 2 bedroom first floor apartment situated in this prestigious and highly acclaimed The Grange development situated to the south side of the City, within walking distance of Addenbrookes Hospital and about 1 mile from the railway station.
The property features spacious living room with feature fire place & patio doors leading to private balcony, separate fully integrated kitchen to include, washer-dryer, dishwasher, fridge-freezer, oven and hob.
Principal bedroom with built-in-wardrobes and en-suite shower room, further double bedroom. Contemporary and stylish bathroom with shower over bath. Secure gated allocated parking. GCH. Unfurnished.
Council Tax Band E. However we would advise you to clarify the council tax band on the gov website.
The holding deposit for the property will be £519.00 and the deposit £2595.00 subject to the rent being as advertised at £2250pcm.
The Grange occupies a rather special and tranquil tucked-away position just off this most desirable and highly sought after tree-lined road off Hills Road about 1 miles south of the city and so conveniently located for access to Addenbrooke's Hospital, station, major routes and the city centre.
The Grange was originally constructed to a high specification and incorporates wrought iron railings to the front and access via electronically controlled gates to a secure courtyard style parking area.
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
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 8 The Grange,, Glebe Road, Cambridgeshire
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