2-bedroom flat · CB8 0GQ
Listing removedListed 230 days
Opportunity summary
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About
A CHAIN FREE first floor apartment located within a popular residential area just a short walk from the High Street, Waitrose and shopping centre, offering a great opportunity for racing professionals, first time buyers and investors.
The property is ideal for Cambridge commuters via train, bus or car with easy access to Addenbrook’s Hospital site, Cambridge Science Park, AstraZeneca and campuses such as Hinxton and Babraham.
The property features a bright open plan kitchen/living room, 2 good size bedrooms and a bathroom. Further benefits include an allocated parking space to the rear and gas central heating.
Communal Entrance Hall - with staircase leading to the first and second floor, door leading through to: Entrance Hall - with a large built in cupboard, security intercom phone.
Kitchen/Living/Dining Room - Kitchen area fitted with a range of wall and base units with work top surfaces over, inset sink, built-in double oven, four ring gas hob with extractor hood over, space and plumbing for washing machine and space for tumble dryer or dishwasher, wall mounted gas fired boiler.
Bedroom 1 - Bedroom 2 - Bathroom - with a panel sided bath with shower attachment over, hand wash basin, low level WC, part tiled walls. Outside - To the front of the property is a small lawned area.
To the rear the property benefits from one allocated space, lockable bicycle store and bin store.
Sales Agents Notes - Tenure - Leasehold Length of Lease - 107 years remaining Annual Ground Rent - £150 Annual Service Charge – £2,120 approx.
Service Charge Review Period - Annually Parking – 1 Allocated Parking Space Heating sources - Gas Central Heating For more information on this property, please refer to the Material Information Brochure on our website.
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 Skeaping Close, Newmarket
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