1-bedroom flat · CB3 0GQ
For saleReduced £57k (−36.3%) on 29 JulListed 526 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor apartment with a private south facing balcony overlooking the attractive landscaped gardens, located in a sought-after and particularly well-equipped retirement complex.
This apartment is accessed via a lift, has about 600 sq.
Ft, and provides comfortable accommodation for the over 55's There is a hallway with an airing cupboard housing a new boiler, a storage cupboard and a cloakroom.
The living room is lovely and light, has extra width from an alcove, and has a door to the balcony.
The kitchen is well equipped with a range of units and integrated appliances including a dishwasher, fridge and freezer, a washing machine, double oven, hob and an extractor fan.
The bedroom is a good size double with a built-in wardrobe, has a door to the balcony, and there is a spacious ensuite bathroom. Throughout the property are emergency pull cords.
The apartment has new carpets, a new kitchen floor, and has been recently redecorated and cleaned. Outside are beautifully kept communal gardens with seating areas.
The parking can be allocated to a buyer once a space is available. There are also visitor parking spaces on site and a large buggy park.
A purpose-built scheme of apartments with first-class facilities in a secure setting and an excellent location. The facilities include a swimming pool, gym and sauna.
Also a restaurant, spa, hair and beauty salon, as well as a cinema and conservatory. Activities include coffee mornings, fish and chip suppers, concerts, computer help and exercise classes.
Also, there are secure entry system, large communal hallways, lifts and onsite reception staff.
What3Words///arrive.port.woven Sat Nav: CB3 0GQ Tenure: Leasehold There are 111 years remaining of the original 125 year term.
Service charge is £977.35 per month (£11,728.20 per annum) Ground rent: £41,67 per month (£500 per annum) The service charge includes heating, weekly cleaning, tumble dryers in the laundry room and the buildings insurance.
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
Agent & docs
FAQ
About 60 Abbeyfield, Wellbrook Way, Cambridge
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