3-bedroom terraced house · CB1 3PY
Listing removedListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An end terrace house in need of updating in a popular Romsey location, close to the railway station. Sold with no upward chain.
Marmora Road is conveniently located within Romsey Town, just a short walk to all the independent shops, cafes and facilities Mill Road is famous for.
The railway station is less than 1 mile away whilst the city centre is around 1.5 miles and the Addenbrookes Hospital Biomedical Campus is 2 miles.
Good schooling for all ages is available nearby, as are larger shops, supermarkets and several major employers.
The property is a 1930's built end terrace house which is currently used for rental purpose and would benefit from comprehensive refurbishment throughout.
The ground floor accommodation includes an entrance hall, living room, separate dining room and kitchen whilst the first floor has a landing, two double bedrooms, a box room and shower room.
Outside - There is a shallow enclosed frontage with gated access and the rear garden is laid to lawn with an access gate leading to a pedestrian passageway onto Madras Road.
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
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FAQ
About Marmora Road, Cambridge
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