2-bedroom terraced house · CB1 3ND
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Outstanding two double bedroom period home in a desirable location within walking distance of the city centre and railway station.
Extended and improved throughout with a stunning kitchen and re-fitted bathroom.
Stockwell Street is quietly nestled between Mill Road and Argyle Street in the heart of Romsey Town, offering easy access to all the independent shops, cafes and facilities Mill Road has become famous for.
The mainline railway station is just a few minutes walk or cycle, whilst the historic city centre is around 1 mile and the Addenbrookes Hospital Biomedical Campus around 2 miles.
Residents of Romsey Town are spoilt for choice when it comes to local amenities and the area has a superb community feel.
The property is an extended and improved terraced home which offers space and light in abundance, with the open plan kitchen/dining room of particular note.
Windows throughout have been replaced with Cambridge Classics double glazed timber sash units and many period features have been retained.
The current owner has architectural plans for a loft conversion, which are available to view on request.
The entrance door, which has a stained glass panel above, leads to the hallway with stairs to the first floor.
The comfortable sitting room, at the front, has a cast iron fireplace and original exposed wooden floor.
The superb open plan, split level, kitchen/dining room runs the full width of the house at the back and features a partially glazed roof and bi-fold doors to the garden, allowing an abundance of natural light.
There is a comprehensive range of wall and base units and centre island breakfast bar, with stone work surfaces and integrated appliances including electric oven, combination microwave, 5 ring gas hob with extractor canopy over and dishwasher.
Fridge freezer, washing machine and tumble dryer are freestanding but can be negotiated if required.
The dining area has a cast iron fireplace, recess alcove storage and a useful under stairs cupboard.
The first floor landing has a built in cupboard and hatch with pull down ladder to a boarded loft space. The spacious principal bedroom spans the width of the house at the front with two windows.
Bedroom two is another well proportioned double room, quietly positioned at the back, with an exposed wooden floor. The stylish modern three piece bathroom has a shower over the bath.
There is an airing cupboard with a wall mounted gas fired boiler in addition to a storage cupboard and tiled walls and flooring.
Outside - The well planned, attractive low maintenance garden includes outside lighting, a timber shed and rear access gate to a shared passageway, allowing easy access for bikes and bins.
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 23, Stockwell Street, Cambridge
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