1-bedroom flat · CB1 3JT
Sold STCListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and conveniently situated first-floor apartment with allocated parking and well tended communal gardens. The property is well suited to first-time / investment buyers alike.
The development was constructed in 2021 and finished to a sleek and modern standard throughout.
Attractive floors, an abundance of natural light and a well-equipped, modern kitchen sit alongside a light-filled living room. The double bedroom includes a large built-in wardrobe.
The shower room is complemented by part tiled walls and inset spotlights. The development offers excellent security and convenience for residents.
The gated car park is secured each evening from 7pm and can be accessed via a remote-control fob or key code.
For cyclists, there are two dedicated bicycle parking areas to the rear of the building, one fully sheltered for weather protection and another open-air space secured with a combination door lock, providing safe and practical storage options.
The Cherry Trees Apartments enjoy a superb location with excellent access to Cambridge’s key amenities and employers.
Major hubs are minutes away including arm HQ 1.25 miles, Biomedical Campus 2.25 miles, and Cambridge Science Park 6.5 miles.
Tesco and Sainsbury’s superstores, Cherry Hinton High Street with shops, pubs, doctors and dentist are all close by.
For leisure, David Lloyd Gym is a short walk away, with Cherry Hinton Hall 1.3 miles and Cambridge Leisure Park 3 miles. Cambridge city centre is just 3.5 miles away.
These apartments offer an ideal first home or investment in a thriving city location.
The property is leasehold with around 244 years remaining, with a peppercorn ground rent and a service charge of 1268.55 per annum.
Agent's Note: We understand that any new purchaser will become a shareholder in Cherry Trees Apartments Service Co. Ltd.
Once all apartments have been privately sold, and the rear site disposed of, the owner of the apartment will have a share-of-freehold interest.
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
FAQ
About Flat 27 Cherry Trees, 509, Coldhams Lane, Cambridge
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