1-bedroom flat · CB4 2JY
For saleReduced £5k (−7.8%) on 25 SepListed 224 days
Opportunity summary
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About
Exclusively for those 60 and over, the Havenfield development enjoys private gardens, car and bike parking, guest suite, lift, laundry room, residents’ lounge, additional storage cupboard (on upper floor) and dedicated development manager.
The comprehensive service charge covers 24 hr emergency monitoring and call service; maintenance, decoration and cleaning of all buildings, grounds and communal areas; security, managerial and facilities services; and buildings insurance.
Quietly situated in mature grounds, Havenfield is a stone’s throw from the cafés, shops, chemists and surgeries of both Arbury Court and Milton Road.
A nearby bus stop, alternatively a half hour level walk, brings you to the city centre with its fashionable restaurants and cosy pubs; celebrated theatre and museums; public parks, including Jesus Green and Midsummer Common; ancient colleges, river Cam and boating; Grand Arcade and Grafton Centre shopping malls; thriving daily market; and fast trains to London.
This ground floor enjoys direct access to the landscaped rear gardens from the living room and is offered with no upward chain, the accommodation in detail comprises; Front door to Reception hallway with double doors to airing cupboard with hot water tank and slatted wood shelving with adjacent cloaks cupboard, wall mounted electric storage heater.
Living room 4.76 m x 3.05 m (15'7" x 10'0") with aluminium double glazed sliding door and panel to small paved area which leads directly onto the landscaped communal gardens, wall mounted Dimplex electric storage heater, opening onto the Kitchen 2.38 m x 2.07 m (7'10" x 6'9") with good range of fitted wall and base units with roll top work surfaces and tiled splashbacks, space for electric cooker, space and plumbing for washing machine, stainless steel sink unit and drainer, extractor fan, space for fridge/freezer.
Bathroom with fully tiled walls, panelled bath with Triton T80 electric shower over and glass shower screen, wash handbasin with strip light and shaver point over, wc, chrome heated towel rail, wall mounted Dimplex electric convector heater, extractor fan.
Bedroom 4.03 m x 2.75 m (13'3" x 9'0") with window to rear with views to communal gardens, mirror fronted built in wardrobes to one wall with clothes hanging rail and shelving.
Services Mains water, electricity and drainage. Tenure The property is leasehold 99 years from October 1985 (58 years remaining).
There is a service charge of £3229.28pa which covers 24 hr emergency monitoring and alarm call service, buildings insurance, maintenance, decoration and cleaning of all buildings, grounds and communal areas, on-site managerial and facilities service.
There is a ground rent payable of £273pa. Council tax Band B Viewing By arrangement with Pocock & Shaw
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.
Area
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FAQ
About 9 Havenfield, Cambridge
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