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See how verdicts workStudio flat · CB1 2AD
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FULL DESCRIPTION A well presented first floor studio apartment forming part of a converted and extended Victorian terraced property on Mill Road, just a short walk from the city centre, railway station and ARU.
The property is well presented internally and a viewing is strongly recommended. No upward chain. HALL Laminate floor, coving to ceiling.
LIVING ROOM / KITCHEN Double glazed window to rear and side aspect, wall mounted electric heater, range of base and wall mounted units with work surfaces over, stainless steel sink and drainer unit with mixer tap over, integrated electric oven and hob, extractor fan over, integrated fridge and washing machine, laminate floor, coving to celing.
SHOWER ROOM Obscured doube glazed window to side aspect, shower cubicle, low level wc, pedestal mounted wash hand basin, wall mounted electric heater, inset spotlights, extractor fan, ceramic tiled floor.
LEASE DETAILS AND CHARGES Lease Length - 113 years remaining Service Charge - £1440 p/a Service Charge Review - 05/2027 Ground Rent - £150 p/a Ground Rent Review - 05/2027 Council Tax Band - A EPC Rating Band - E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Mill Road, Cambridge
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