2-bedroom flat · CB2 0NU
For saleReduced £25k (−6.7%) on 21 JunListed 911 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish two bedroom apartment with beautifully presented accommodation, concierge service and residents' leisure complex, situated just a short walk from a mainline railway station and excellent range of shops and leisure facilities.
The Belvedere is a prestigious development originally built in 2006 by Highland Homes.
Flat 119, is an exceptionally well presented, two bedroom, fifth floor apartment with stylish accommodation extending to 806 sq ft (74.8 sq m).
City Centre 1 mile, Mainline Railway Station 0.75 of a mile by car/0.5 of a mile on foot, Addenbrooke's Hospital/Biomedical Campus 1 mile, M11 (Junction 11) 3 miles (distances are approximate).
Residents at The Belvedere benefit from a concierge service and use of a residents' only leisure suite comprising Ozone treated 32' x 19' 6" (10m x 6m) swimming pool, steam room and fully equipped gym.
There is also a Residents' Lounge which can be booked for private meetings and parties, etc. The Belvedere lies within a highly convenient location on the south side of the city.
It is extremely well placed for access to a mainline railway station with services to London's King's Cross and Liverpool Street in approximately 52 minutes and 67 minutes respectively.
There is also an excellent range of facilities within close proximity including mini-supermarkets, several banks, post office, public houses, Balzano's popular deli and cafe, ten pin bowling, cinema complex and numerous restaurants.
The Belvedere is also well placed for access to Addenbrooke's Hospital/Biomedical Campus, one of the largest centres of health, science and medical research in the world.
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
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FAQ
About Flat 119, The Belvedere,, Homerton Street, Cambridgeshire
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