1-bedroom flat · CB1 2PB
No longer listedReduced £50 (−4%) on 25 SepListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This quietly positioned one bedroom first floor flat situated off the vibrant Mill Road. The property is within easy access of Cambridge City centre and Cambridge train station.
Celtic House is a complex of 7 flats situated in a quiet area off the vibrant Mill Road and within easy walking distance of the city centre and all the amenities it has to offer.
The property is offered as unfurnished and is available now. Outside of the property there is use of a communal garden, a designated car parking space and cycle storage area.
Ground Floor - Communal Entrance with secure key entry lock, stairs leading to first floor flat.
First Floor Hallway - Wooden entrance door, carpet floor covering, doors to airing cupboard, bedroom, bathroom and open plan living room and kitchen.
(Room Measurements 2.8m x 2.1m, narrowing to 0.85m) Bedroom - Master bedroom with uPVC double glazed window to the front aspect, wall mounted storage heater, carpeted flooring, curtains.
(Room Measurements 3m x 2.6m).
Bathroom - Obscure uPVC double glazed window to the rear aspect, shower cubicle, electric shower over, shower screen, hand basin with vanity unit, mixer tap over, close coupled dual flush WC, ceramic tile splash backs, vinyl floor covering and electric towel rail.
(Room Measurements 1.7m x 2m).
Kitchen - uPVC double glazed window to the rear garden, range of base and wall mounted units set beneath work surfaces, inset stainless sink and drainer unit with mixer tap over, inset four ring electric hob, extractor fan, built in electric oven and grill, fridge freezer and washer dryer, ceramic tile flooring.
(Room measurements 2.5m x 1.8m) Lounge - uPVC double glazed window to the front aspect, wall mounted storage heater, TV and wifi point, carpeted flooring and curtains.
(Room measurements 4m x 2.9m) Outside - To the front of the property is primarily car parking with a designated parking space for each resident of the flats.
There is a communal garden with mature shrubs and lawn and a cycle storage area.
Applicants will be required to pay a holding deposit of £311.54 to secure the property whilst full referencing takes place.
The applicant will then need to provide the balance of the deposit of £1557.69 on completion of the referencing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 4, Hooper Street, Cambridge
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