2-bedroom flat · CB3 0HP
For saleReduced £10k (−2.6%) on 17 JulListed 139 days
Opportunity summary
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About
A top-floor, refurbished, 2-bedroom apartment in one of the best positions within this sought-after development, offered with no chain.
This stylish apartment has the benefit of numerous quality improvements, including a full gas central heating system, a refitted kitchen and bathroom, and attractive wood flooring.
The property is situated in a particularly quiet corner of this popular development and overlooking the Fitzwilliam College playing fields.
The communal hall and stairs lead to the second floor and the entrance hall, which is a lovely welcoming space with built-in storage.
The main reception space is open plan and has a dual aspect with a large window overlooking the communal gardens and another looking towards the playing fields.
The living area has fitted cupboards and a gas fire.
The dining area opens to the kitchen, which has been stylishly refitted with a range of units, bamboo worktops, a fitted oven, hob, extractor, and an integrated fridge and dishwasher.
There are two main bedrooms, both with large fitted wardrobes, and a study, perfect for working from home or as an occasional bedroom (3).
The shower room has been refitted and includes full wall and floor tiling, a vanity basin, a concealed-cistern WC, and a towel rail.
The apartment has gas central heating to radiators and double glazing.
The internal doors have all been replaced, and it has attractive timber floors in the main rooms and tiled floors in the kitchen and shower room.
The communal gardens and grounds are beautifully kept and include a large central lawn with extensive flower beds, seating and pathways.
There are bins stores and the property has a private brick-built store for bikes etc. Residents' parking is available in an off street car park, and available to all flat owners using a decal system.
What3words: ///snows.ties.chest
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 59, Sherlock Close, Cambridge
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