1-bedroom flat · CB1 3RX
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented ground floor one bedroom apartment to let at this bespoke development on Perne Road with immediate access to Addenbrookes hospital.
The property features large living room, Fitted kitchen to include integrated appliances. Principle bedroom, contemporary & stylish shower room. Excellent access to train station and City centre. GCH.
Garden with shed. Unfurnished. Council Tax Band B.
However we would advise you to clarify the council tax band on the Gov website The Holding deposit for the property will be £346 and the deposit £1,730 subject to the rent being as advertised at £1,500 per month.
Perne Road is located off Cherry Hinton Road in one of Cambridge's most popular residential areas allowing convenient access to main line railway station, Addenbrooke's Hospital and a range of services and shopping outlets in close proximity.
The location is within the catchment area of Queen Edith and Netherhall Schools and close to Hills Road and Long Road 6th Form College's.
Location allows access to local facilities including Astra Zeneca, Arm Holdings and the Co-op store.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Perne Road, Cambridge, CB1
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