1-bedroom flat · CB1 1BB
No longer listedListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available This well presented, third floor one bedroom apartment is located just off the sought after, bustling Mill Road.
This favoured development has gated entry and secure underground parking. The block is well maintained. The nicely presented accommodation comprises of a fitted kitchen with appliances.
There is a balcony which is accessed from the double bedroom that has a built in wardrobe. There is a shower over the bath, basin and w/c. The hallway has a built in storage cupboard.
A second balcony that over looks a park area is accessed from the living room and open plan kitchen.
The location is close to a wide variety of multicultural amenities and a short walk from the City centre.
Available from 15th October Council Tax Band: Holding Deposit: £339.00 Moments from Parker's Piece Balcony with views over park area Secure underground parking Gated entry Double bedroom Kitchen with appliances Water included in the rent Attractive bathroom with shower over Walking distance of the City centre
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 61, Cambridge
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