2-bedroom flat · CB5 8JF
For saleListed 19 days
Opportunity summary
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About
46 Riverside Place is a superb, modern, well-proportioned, dual-aspect third-floor two-bedroom apartment, flooded with natural light, in a highly desirable development overlooking the River Cam, with far-reaching water views.
The accommodation is thoughtfully arranged off a generous reception hall, giving a wonderful sense of volume and space, with a natural flow throughout. There is no onward chain.
The expansive, light-filled open-plan sitting and dining area enjoys superb views over the River Cam and opens onto a balcony overlooking the water, and leads through to the spacious and well-appointed kitchen at the rear of the apartment.
The kitchen is equipped with contemporary cabinetry and integrated appliances, including an oven, microwave oven and induction hob, with space for a dishwasher and washing machine.
There is also a bright study space overlooking the River Cam, perfect for taking in the ever-changing riverside outlook.
There are two generously proportioned double bedrooms, including a principal bedroom with an en suite comprising a shower, basin and WC.
The family bathroom features a bath with overhead shower, heated towel rail, basin and WC.
The apartment has electric panel heating throughout, with carpet to the bedrooms, while the hall, kitchen and sitting and dining area are finished with attractive wood-effect flooring.
This prestigious riverside development includes a secure undercroft parking space for one vehicle, along with cycle storage.
It is well managed, with an on-site concierge present four days a week and a weekly cleaner for the communal areas.
There are designated visitor parking spaces, and residents have access to beautifully landscaped and well-maintained communal gardens that make the most of the riverside setting.
Riverside is a popular walking and cycling route for both leisure and access to the city centre.
There is direct, traffic-free access to Cambridge North station, and Cambridge Business and Science parks, via Stourbridge Common and the Chisholm Trail Bridge.
Riverside Place is well located for supermarkets and retail amenities on Newmarket Road and is close to Engineers House, offering popular riverside options for alfresco drinking and dining, as well as the Green Dragon.
Open green spaces are nearby at Logan’s Meadow and the historic Stourbridge Common, which also features a well-equipped children’s playground.
The City Centre is approximately 1 mile away, the mainline Railway Station approximately 1.5 miles, and Cambridge Science Park approximately 1.5 miles.
If you are looking for schools, this stunning Riverside apartment is situated within the catchment areas of both Parkside Academy secondary school, rated 'outstanding', and St Matthew's Primary School rated as "good" by Ofsted.
Current annual service charge £5,305.28 Ground rent: £275.00 per annum The property is held on a 125 year lease commencing on 21 May 2004.
The current ground rent is subject to a review whereby it doubles every 25 years for the remainder of the lease term.
Additional information: Local Authority: Cambridge City Council Council Tax Band: D Services: Mains water and sewage, mains electricity EPC rating: C Tenure: Leasehold Internet speed: Full fibre up to 1Gbps
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 46, Riverside Place, Cambridge
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