2-bedroom flat · CB1 9AL
For saleReduced £15k (−6%) on 3 OctListed 340 days
Opportunity summary
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About
A modern & beautifully presented ground-floor apartment with a south-facing garden backing onto open countryside.
The property is well suited to first-time/investment buyers alike & is no chain. This 2 bedroom apartment has been very well cared for by its current owner and is immaculately presented.
Improvements to the property include a refitted kitchen, bathroom, flooring and a new front door.
The accommodation comprises an entrance hall with a large built-in storage area & space for coats/footwear.
The kitchen has been fitted with a stylish range of units & benefits from southerly aspects. Integrated appliances include an oven and electric hob with extractor over.
A breakfast bar area adjoins onto a lovely bright living/dining room which has double doors opening onto a private courtyard garden. There are 2 double bedrooms, both are beautifully presented.
The bathroom has been fitted with a white suite, complemented by part tiled walls, dual wash hand basins and a heated towel rail.
Outside there are well tended communal gardens to the front, as well as a private south-facing garden to the rear, well suited to alfresco dining during the warmer months.
At the front of the building there is ample residents parking on a first come, first served basis. There is a current service charge of around £465 per annum with no ground rent.
The lease has 98 years remaining. Teversham is a popular village just a few miles east of Cambridge.
There are some facilities within the village although there is a more comprehensive range of shopping facilities in nearby Cherry Hinton, and to the south of the city.
The property is well placed for access to Addenbrookes Hospital and Biomedical Campus, and bus services run regularly to and from the city and there are good road links via the A14.
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
Agent & docs
FAQ
About 21, Ferndale, Cambridge
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