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See how verdicts work2-bedroom flat · CB2 1HJ
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the top floor of Coronation House, this two-bedroom apartment offers practical, well-balanced accommodation in a central CB2 setting, with the added advantage of two allocated parking spaces positioned behind a secure barrier - an increasingly valuable asset so close to the heart of Cambridge.
Extending to approximately 53 sq. M (568 sq. Ft), the layout is efficient and purposeful.
The sitting/dining room forms the natural centre of the home, comfortably proportioned at just under 4m by 4m, with a broad window drawing in good natural light.
The space is square enough to accommodate both seating and a dining table without compromise, making it equally suitable for quiet evenings or working from home.
The kitchen sits separately but directly off the main living space, fitted with contemporary cabinetry, integrated cooking appliances and fridge freezer, with standalone slimline dishwasher, generous work surfaces and a window to provide ventilation.
Both bedrooms are arranged off the central hall, creating a clear division between living and sleeping areas.
The principal bedroom is a comfortable double, while the second bedroom offers flexibility as a guest room, study or for those sharing.
The fully tiled, modern bathroom with p-shaped bath and shower over is sensibly positioned and easily accessible.
A hall cupboard provides a plumbed in washing machine with dryer stacked on top adding further convenience and appeal.
Being on the top floor provides a greater sense of privacy and reduced noise transfer, which will appeal to both owner-occupiers and tenants.
The two secure, barrier-controlled parking spaces significantly enhance day-to-day convenience and long-term letability in this location.
Leasehold details include 966 years remaining on the lease, with a service charge of £3,000 per annum and a ground rent of £0 per annum.
Coronation Street is positioned for immediate access to the railway station, the city centre and the employment hubs around Hills Road and the Biomedical Campus.
For buyers seeking a manageable, well-located apartment with secure parking and enduring rental appeal, this is a straightforward and sensible choice.
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
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FAQ
About Coronation House, Coronation Street, Cambridge
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