3-bedroom flat · CB4 1BG
Listing removedReduced £100 (−5.3%) on 27 AugListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly decorated 3 bedroom apartment available to let with excellent access to the City centre and local amenities.
The property features good size living room, fitted kitchen, principal bedroom, further double bedroom and good sized single bedroom. Family Bathroom with shower over bath. Local amenities close by.
GCH. Unfurnished. Council tax band - B The holding deposit for the property will be £438.00 and the deposit £2,190.00 subject to the rent being as advertised at £1900pcm.
Located on Chesterton Road the property is within a short walk of the River Cam and Jesus Green, an extensive public park with outdoor swimming pool, tennis courts and children’s play area.
The heart of the city centre with its attractive combination of ancient and modern buildings, colleges, and extensive shopping facilities is within about half a mile and easily accessible on foot or by bicycle.
Cambridge is not only world renowned for its academic achievements but has also become a 'high-tech' and 'bio-tech' hub with the University Research and Development Laboratories, Cambridge Science Park and Addenbrooke's Hospital/Biomedical Campus.
For the commuter, the city's mainline railway station is about 2.5 miles away and provides services to London's King's Cross and Liverpool Street in approximately 52 minutes and 67 minutes respectively.
Cambridge North railway station is situated within about 1.5 miles of the property, as well as providing services to King's Cross and Liverpool Street, it also connects to the Cambridge Guided Busway (Huntingdon to Cambridge) including stops at the Science Park and Addenbrooke’s Hospital/Biomedical Campus.
It also provides an interchange with the Park and Ride and local bus services.
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
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FAQ
About 253a, Chesterton Road, Cambridge
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