1-bedroom house · CB1 3PE
Opportunity summary
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About
A one bedroom ground floor retirement apartment quietly positioned overlooking delightful communal gardens in a convenient Romsey Town location close to shops and amenities.
Millcroft Court is a purpose built retirement complex of similar homes set within beautifully kept communal garden areas and with ample residents car parking.
The development sits back from Mill Road with a barrier access and offers many conveniences with good range of shops, cafes, supermarkets, post office, chemist, doctors etc all on your doorstep.
The city centre, Addenbrookes hospital and the railway station are all within easy reach too.
Millcroft Court has an enviable community feel with a large residents lounge which hosts regular events, a quiet reading room with seating terrace overlooking gardens and two laundry rooms.
There is a house manager on site during working hours and each apartment has a 24 hour careline system installed.
Number 11 is situated in a lovely ground floor position within the development overlooking the beautifully kept gardens, the launderette is also close by.
The apartment comprises hallway with storage cupboard, sitting room which is open to the re-fitted kitchen area, generous double bedroom with built in wardrobes and bathroom with bath, W.C.
The patio doors open up directly onto the communal gardens. The windows are double glazed and there is an electric heating system.
Tenure - Leasehold Term - 99 years from 1987 Maintenance charges - £1676.39 twice yearly Ground rent - £137.54 twice yearly Council tax - Band B Local authority - Cambridge City Council Fixtures & fittings - Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale
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 Flat 11 Millcroft Court, Mill Road, Cambridge
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