2-bedroom flat · CB3 0JE
For saleReduced £20k (−5.1%) on 8 OctListed 32 days
Opportunity summary
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About
An immaculate & improved share-of-freehold apartment with a private south-west facing balcony, forming part of this select scheme of luxury homes & enjoying a quiet, near central city location This smart first-floor apartment was built by Laragh Homes in 2022 and is peacefully nestled between Westfield Lane and Canterbury Street.
No.58 forms part of this select development of just nine apartments. Every detail has been carefully considered.
Attractive flooring with zonal underfloor heating and a spacious, modern kitchen with a peninsula breakfast bar sit alongside a light-filled living room with custom-built storage, while a large sliding door opens onto a private south-west facing balcony.
There are 2 double bedrooms, the principal bedroom is particularly spacious and benefits from fitted wardrobes and a beautiful en suite shower room.
The bathroom has also been fitted with a stylish suite, complimented by inset spotlights and a heated towel rail. No.58 is located on the first-floor, accessed by a lift or stairs.
There are communal gardens and a secure bike store for residents. The ground floor has a welcoming entrance with postal boxes and key fob access to the building.
The service charge is £2,623.88 per annum with a peppercorn ground rent. Sab are the managing agent.
Nine is a development of luxury apartments sitting just off Huntingdon Road at the end of a modern cul-de-sac.
The area is an excellent location for those looking to make the most of the city centre lifestyle, but with a little more elbow-room than the more densely populated central Victorian streets.
There are wide ranging facilities close to hand in nearby Histon Road and Castle Hill. The A14 and M11 are both within easy reach.
The historic centre, University facilities and excellent schooling for all ages are all close by.
The property is less than a mile from the river, along historic Castle Street and Bridge Street and just over a mile from The Backs.
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
FAQ
About 58, St. Stephens Place, Cambridge
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