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See how verdicts work2-bedroom flat · CB1 1DR
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a superb, split-level maisonette with generously proportioned, light-filled accommodation and a private balcony in a superb, central location with excellent facilities and the historic centre.
This impressive split-level maisonette occupies the top two floors of a small-scale, purpose-built apartment block, which was constructed in 2015.
It offers highly spacious accommodation, benefitting from a wealth of light, high ceilings and a highly convenient location in the ‘Kite’ area of the city, a stone’s throw from a variety of amenities and the historic city centre.
A secure entry gate leads to the communal stairway, which in turn, leads to the entrance to flat 2, which is located on the second floor.
This floor comprises two sizeable double bedrooms, a cupboard with plumbing for a washing machine, and a stylish bathroom, which is fitted with a three-piece suite including a panelled bath with a mains shower over, wash basin, WC and a heated towel rail.
On the third (top) floor there is a very impressive, open plan living space, which has a dual aspect and double bi-folding doors opening onto a private, southwesterly-facing roof terrace.
The kitchen area is replete with a range of fitted units and integrated appliances including fridge/freezer, dishwasher and an electric oven with an induction hob and an extractor hood over.
Outside, the property benefits from a secure allocated parking space. There is also a secure, communal cycle store area.
Location Paradise Street forms part of a popular and established area known as The Kite situated close to the Grafton Centre and is within walking distance of the city centre and many other facilities offered by the University.
There is an excellent range of local shopping and other facilities in the immediate area such as Parkside Pool and Kelsey Kerridge Sports Centre with the open spaces of Parker's Piece, Christ Pieces and Midsummer Common nearby.
Schooling is available at Parkside Community College and for commuters, Cambridge Station is within walking/cycling distance.
Tenure Share of freehold, shared with Flat 1 leaseholder Held on a term of 999 years from 1st October 2012, expiring September 3011. There is a Peppercorn ground rent.
Service charge: Tbc Services Main services connected include: Water, electricity, gas and mains drainage. Statutory Authorities Cambridge City Council.
Council Tax Band - D Fixtures And Fittings Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the leasehold interest.
Viewing Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.
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
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FAQ
About Flat 2, Appleyard House, 87 Paradise Street, Cambridge
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