We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CB2 1LE
For saleReduced £25k (−6.7%) on 7 OctListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom apartment located on the third floor and extending approximately 702sqft.
The property further benefits from a generous balcony and underground parking and is located in a sought after city location close to local amenities including, Addenbrookes Hospital, Cambridge station and the City centre.
Communal Entrance Hall Carpeted, wall lights, stairs leading to upper floors as well as lift to upper floors. 118 is located on the third floor.
Timber Door Leading into: Entrance Hall With wood effect laminate flooring, downlight, storage cupboard housing fuse box, electric heater, further storage cupboard housing water tank and access into various rooms including: Sitting/Dining Room With continuation of the wood effect laminate flooring, electric heaters, downlights, upvc double glazed doors leading out onto terrace.
Kitchen With a range of floor and wall units with laminate worktop, one and a half stainless steel sink and drainer, integrated Bosch oven and 4 ring hob with Bosch extractor fan, integrated Bosch fridge and freezer, integrated Bosch dishwasher, part tiled walls, integrated washing machine, part tiled walls, laminate wood effect flooring, downlight.
Principal Bedroom With wood effect laminate flooring, electric heater, downlight, upvc double glazed door out onto the terrace area, door into: Ensuite Three piece suite including walk-in tiled shower, low level w.c., and wash hand basin, tile effect laminate flooring, LED spotlights, extractor fan, electric heater.
Bedroom 2 With wood effect laminate flooring, electric heater, downlight, upvc double glazed door out onto terrace.
Bathroom Three piece suite comprising of bath with shower over, low level w.c., wash hand basin, tile effect laminate flooring, LED spotlights, extractor fan, electric heater.
Outside Balcony terrace perfect for outside seating and al fresco dining. Terrace looks over a communal garden space. Secure underground parking, as well as secure bike store.
The property is approached via pathway leading to communal entrance front door into: Agents Note Tenure - Leasehold Length of Lease - 978 Years Remaining Annual Ground Rent - £350 Annual Service Charge - £3,500
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 advisers 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
.png){kind=logo}
FAQ
About 118, Warren Close, Cambridge
Explore nearby
