2-bedroom terraced house · SG8 6JF
Sold STCListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after village of Melbourn, this two-bedroom mid-terraced bungalow presents an excellent opportunity for buyers eager to personalise a home to their own taste.
In need of some minor cosmetic modernisation, the property offers well-balanced accommodation, including a spacious living room, a functional kitchen, two generously sized double bedrooms, and a shower room/wet room.
The practical single-storey layout makes it particularly appealing to downsizers, first-time buyers, or those seeking the ease of bungalow living.
To the rear, the property benefits from a private and enclosed garden—perfect for outdoor relaxation or gardening enthusiasts.
Conveniently located just 0.8 miles from Meldreth Train Station, the home enjoys excellent transport links to both London and Cambridge, making it ideal for commuters.
The village centre is within easy walking distance and offers a variety of local amenities, including shops, cafés, and a health centre, all contributing to the area’s friendly and vibrant community atmosphere.
Offered with no onward chain, this bungalow represents a rare opportunity to acquire a home in one of South Cambridgeshire’s most desirable villages, with significant potential to enhance and add value.
Tenure: Freehold Local Authority: South Cambridgeshire District Council Council Tax Band: C EPC Rating: D (67)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Palmers Way Melbourn
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