3-bedroom house · CB25 9NQ
Sold STCReduced £50k (−11.1%) on 24 JunListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious three-bedroom detached bungalow situated on an enviable corner plot, in need of sympathetic refurbishment throughout, with driveway, partially converted garage and a south westerly facing rear garden.
The accommodation is generous, and although in need of refurbishment, is thoughtfully laid out. The entrance hall leads to a large living room with electric fire and patio doors to the rear garden.
The kitchen/dining room is a good size and is separated by a breakfast bar.
The kitchen is well fitted with the original units and there is a useful utility room off, with a separate WC, and providing side access to the driveway.
Off of the inner hallway are 3 bedrooms, two of which are good size doubles and a further single. Two of the bedrooms also benefit from built in wardrobes.
There is a family bathroom with bath, WC and sink. Outside the fully enclosed garden is laid mainly to lawn with various trees and shrubs.
There is a garage which has been partially converted with power and light and boarding, ideal for use as a home office.
There is driveway parking to the front and side and the property enjoys a south westerly facing aspect. The village of Waterbeach is a popular and thriving village.
At its centre is a traditional village green with a variety of shops and pubs surrounding it. There are excellent recreational facilities in the village, as well as a primary school.
The village is just off the A10 which provides good access to the A14, Cambridge Science Park, and the City, all of which are under 4 miles away.
Waterbeach also has a railway station, which makes the village extremely popular with those needing to commute to London and Cambridge. SatNav: CB25 9NQ What3Words:///selects.incurring.toned
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 39, Way Lane, Cambridge
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