We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CB1 9YG
Listing removedReduced £25k (−9.1%) on 21 JunListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor flat in a south city location convenient for access to Addenbrookes hospital, and Arm holdings, as well as the city centre.
The property benefits from a private enclosed rear garden, gas radiator heating and double glazing. Living accommodation is bright and spacious and internal viewing is highly recommended.
Hall Double panelled radiator, wooden flooring, storage cupboard housing wall mounted gas boiler, door to front aspect.
Bedroom 9' 4" x 12' 7" (2.87m x 3.85m) Double glazed window to rear aspect, double panelled radiator, coving to ceiling, double fitted wardrobe.
Bedroom 9' 1" x 9' 1" (2.77m x 2.78m) Double glazed window to front aspect, double panelled radiator.
Bathroom Obscured double glazed window to front aspect, heated towel rail, side panelled bath with shower over, pedestal mounted wash hand basin, low level wc, fully tiled.
Living room 15' 3" x 13' 1" (4.66m x 3.99m) Double glazed window to rear and side aspect, two double panelled radiators, coving to ceiling.
Kitchen 9' 6" x 8' 6" (2.9m x 2.6m) Double glazed window to front aspect, door to front aspect, range of base units with work surfaces over, sink and drainer unit with mixer tap over, electric cooker, fridge freezer, storage cupboard, ceramic tiled floor.
Front garden Mainly laid to lawn, garden pond, enclosed hedging, gated pedestrian access, path to front door, lockable storage shed.
Lease details and charges Lease length - 116 years remaining Service charge - £210 p/a Ground rent - £10 p/a Council Tax Band - B EPC Rating Band - D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 38, Tenby Close, Cambridge
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