1-bedroom flat · CB1 9PQ
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented first floor apartment with allocated parking and a long lease, part of a popular development tucked just off Cherry Hinton High Street in a quiet and secluded location, close to local amenities and being well placed for access to Addenbrookes and arm Holdings.
The property is offered for sale with no upward chain and internal viewing is strongly recommended.
Full description A spacious modern first floor apartment forming part of a popular development tucked just off Cherry Hinton high street in a quiet and secluded location, close to local amenities and being well placed for access to Addenbrookes and arm Holdings.
The property is offered for sale with no upward chain and internal viewing is strongly recommended. Hall Wall mounted storage heater, airing cupboard, loft access hatch.
Living room 11' 3" x 18' 2" (3.43m x 5.56m) Double glazed window to front and side aspect, two wall mounted storage heaters, coving to ceiling.
Kitchen Double glazed window to front and side aspect, range of base and wall mounted units with work surfaces over, one and a half bowl sink and drainer unit with mixer tap over, space and plumbing for washer/dryer, space for fridge, integrated electric oven and hob, extractor fan over, coving to ceiling.
Bedroom 13' 9" x 9' 3" (4.21m x 2.82m) Double glazed window to front aspect, wall mounted electric heater, triple fitted wardrobes, laminate floor.
Bathroom Side panel bath with shower over, wash hand basin with vanity cupboard beneath, low level wc, heated towel rail, ceramic tiled floor, inset spotlights.
Outside Allocated parking space in resident's parking, visitor spaces, bike store, bin store.
Lease details and charges Lease Remaining - 964 years remaining Ground Rent - n/a Service Charge - £125 pcm / £1500 p/a Council Tax Band - B EPC Rating Band - C
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
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FAQ
About 15, Wedgewood Drive, Cambridge
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