1-bedroom house · CB1 3PE
Listing removedListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor retirement flat on Mill Road with one double bedroom, sitting room, kitchen and shower room. Well served by communal facilities and sold with no upward chain.
Millcroft Court is a purpose built retirement complex of similar homes set within beautifully kept communal garden areas and with ample residents car parking.
The development sits back from Mill Road with a barrier access and offers many conveniences with 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.
Millcroft Court has an enviable community feel with a large residents lounge which hosts regular events, a quiet reading room with seating terrace overlooking gardens and two laundry rooms.
There is a house manager on site during working hours and each apartment has a 24 hour careline system installed.
Flat 8 benefits from a desirable ground floor position with pleasant views over the communal grounds.
The property opens into an entrance hall offering a useful storage cupboard, entry phone system and electric storage heater.
A bathroom with a walk-in shower enclosure, W.C and wash hand basin with fitted storage. The spacious double bedroom has the added benefit of a built in wardrobe.
The bright open-plan living area incorporates a well-appointed tiled kitchen and comfortable sitting room, with patio doors opening directly to the grounds, creating a lovely indoor- outdoor flow.
Tenure - Leasehold Term - 99 years from 1987 Maintenance charges - £305.23 per month Ground rent - £137.54 twice yearly Council tax - Band B Local authority - Cambridge City Council Fixtures & fittings - Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 8, Millcroft Court, Mill Road, Cambridge
Explore nearby