2-bedroom flat · CB1 3FL
Sold STCListed 215 days
Opportunity summary
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About
Stunning apartment in an enviable position with beautifully presented accommodation including 2 double bedrooms, 2 bathrooms and open plan sitting/dining/kitchen with covered terrace.
There is an underground car parking space and the sale can be completed with the advantage of no chain. Clara Rackham Street forms part of the acclaimed Timber-Works scheme by Hill Residential.
The development has recently been completed and includes a bold mix of apartments and town houses set around a landscaped central park with facilities including community rooms and day nursery.
The development is located off Cromwell Road which offers good access to the city centre, the Addenbrookes Hospital Biomedical Campus and railway station.
There are many recreation, retail and leisure facilities nearby with the Beehive Centre, retails parks and supermarkets within walking distance as well as all the independent shops and facilities of Mill Road.
The apartment is situated on the second floor with a superb outlook over the central park and development beyond.
The communal entrance is secure with video intercom entry and there are stairs and lift to all levels.
The specification is particularly high with underfloor heating from an energy efficient communal heating plant and Amtico flooring to all rooms apart from bedrooms, which are carpeted.
There is approximately 7 years remaining from the 10 year NHBC warranty.
The long entrance hall includes a utility cupboard housing the washing machine as well as services and a Vent-Axia whole home ventilation unit.
The superb open plan living space offers an abundance of natural light via large dual aspect windows and doors which lead out to a large covered seating terrace with fine views over the play park.
The kitchen area comprises a contemporary range of wall and base units and Caesarstone work surfaces with a full complement of integrated appliances including electric oven, induction hob with extractor over, microwave, fridge, freezer and dishwasher.
The principal bedroom is a large double room with full height window and built in double wardrobe with mirrored sliding doors.
The ensuite has a large shower cubicle, w.c with concealed cistern and wash hand basin as well as chrome heated towel rail, splash back tiling and electric shaver point.
Bedroom two is another generous double room with full height window.
The main bathroom has a stylish three piece suite with shower over the bath and glass screen in addition to splash back tiling, chrome heated towel rail and electric shaver point.
Outside - There are well kept communal garden areas and a children's playpark nearby. Parking - There is an allocated residents parking space within the underground car park.
TENURE - Leasehold TERM - 250 years from new with 247 years remaining MAINTENANCE CHARGES - £2,120 PA GROUND RENT - We are informed by the seller that there is no ground rent LOCAL AUTHORITY - Cambridge
Value & comps
No previous sales on record.
Returns
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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.
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About Clara Rackham Street, Cambridge
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