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See how verdicts work2-bedroom flat · CB4 1QD
Sold STCReduced £20k (−5.2%) on 21 JunListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright two bedroom, two bathroom first floor apartment with allocated parking, just over a mile from the city centre and Cambridge North station. Available with no onward chain.
This delightful apartment forms part of Pearl Close, a popular development built in 2005, situated in a pleasant cul-de-sac just off Union Lane.
The apartment is well set out and has a welcoming entrance hall with a useful built-in cupboard. There is a light and airy kitchen/living room benefitting from a dual aspect.
The kitchen has been fitted with a range of base and eye-level units and includes various integrated appliances.
There are two double bedrooms, both with built-in wardrobes; the principal bedroom boasting an ensuite shower room, and the family bathroom is fitted with a three-piece white suite with a shower over the bath.
Outside, the property benefits from an allocated parking space and a locked bike store, which the property shares with others in the block. The building is set in well-maintained communal gardens.
There is a secure communal entrance. Location Pearl Close is conveniently situated about 1.25 miles to the north of the city centre approached via Chesterton High Street and Union Lane.
The river, Stourbridge Common and Midsummer Common are all within easy reach and a variety of shops and other facilities are at hand including local shopping on the High Street in Chesterton.
The property is well placed for access to Cambridge North railway station (1.3 miles), Cambridge station (2.3 miles) and the Science Park. Tenure Leasehold Lease is 150 years with 130 years remaining.
Service Charge is £2074 per annum. This is reviewed annually and adjusted according to associated costs. Ground Rent is £361.34 per annum.
This is reviewed annually and is adjusted in line with the Retail Price Index. The next review is due in 2035.
Management Company: Nightinggale Gardens (Cambridge) Management Company Limited Services Main services connected include: Water, electricity and mains drainage.
Statutory Authorities Cambridge City Council.
Council Tax Band - B Fixtures And Fittings Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the leasehold interest.
Viewing Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.
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.
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FAQ
About 33, Pearl Close, Cambridge
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