3-bedroom flat · CB5 8JF
Listing removedListed 360 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb 3 bedroom penthouse apartment with 2 large roof terraces, is located in this popular riverside development, conveniently placed for access to the City Centre and Science Park.
City Centre 1 mile, Mainline Railway Station 1.5 miles, Cambridge Science Park 1.5 miles, A14 2 miles (distances are approximate).
51 Riverside Place is one of the cities most prestigious and desirable penthouse apartments with 2 exceptional roof terraces and far-reaching views down the River Cam.
Riverside Place is well regarded scheme of apartments situated on Riverside in a peaceful location, just a few minutes’ walk from Midsummer Common.
The apartment is well presented throughout and offers prospective buyers the opportunity to modernise according to their own particular tastes and standards.
Riverside Place is an architecturally striking development situated on the south bank of the River Cam.
It is conveniently placed for access to the heart of the city centre, which provides an attractive combination of ancient and modern buildings, colleges and winding lanes, together with excellent shopping and recreational facilities.
There are a number of excellent independent schools on the south side of the city and the property lies within the catchment area for Parkside Community College Secondary School and Sixth Form, which has an outstanding Ofsted rating and features prominently in national rankings for state schools.
There are a number of cycle paths nearby which provide access to the city centre, via Midsummer Common and the Guided Bus Way, which runs between Huntingdon and Trumpington.
A mainline railway station, with services to London's King's Cross and Liverpool Street in about 52 and 67 minutes respectively, the A14 and world renowned Cambridge Science Park, are all within 2 miles.
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 51, Riverside Place, Cambridgeshire
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