1-bedroom house · CB1 3PE
Sold STCReduced £10k (−7.4%) on 27 JunListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Millcroft is a first-floor retirement apartment with a south/east aspect in a popular development located in the favoured Romsey Town.
The apartment comprises an entrance hall, sitting room, fitted kitchen, double bedroom, shower room, double-glazed windows and electric storage heating.
The development sits back from Mill Road with barrier access and offers many conveniences with a good range of shops, cafes, supermarkets, post office, chemist, doctors etc all on your doorstep.
The city centre, Addenbrookes hospital and the railway station are all within easy reach too. Age restriction of 60 years and older. The accommodation in detail.
Secure communal entrance hall with stairs and a loft to first floor. Timber front door to entrance hall with airing cupboard and hot water tank, entry phone, and electric storage heater.
Shower room with walk in shower cubicle, hand basin and WC, extractor fan and heater. Double bedroom with a recessed wardrobe, electric panel radiator.
Sitting room with double-glazed picture window with views of the gardens and Romsey Terrace. Electric storage heater.
Kitchen with a sink unit and range of wall and base units, electric hob and oven, extractor hood, space for washing machine, fridge space.
Outside are well-maintained communal gardens and guest parking. 2 lounges and a strong community atmosphere. Tenure; Leasehold.
99 years from the 1st February 1987 Ground rent; tbc Service charges; tbc Services; Mains water, drainage, and electricity.
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 Flat 26, Millcroft Court, Mill Road, Cambridge
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