2-bedroom house · CB1 1EQ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming 2-bedroom townhouse benefitting from a south-facing walled rear garden, located on Melbourne Place.
Positioned on this attractive pedestrian terrace, yards from Parker's Piece and the city centre.
This attractive Victorian townhouse on Melbourne Place occupies a privileged position along this endearing terrace, yards from the historic centre and within easy reach of Cambridge Station and Mill Road.
The property is set behind a mature front garden, which provides screening and privacy from this pedestrian street, opposite Parkside Community College.
Bright and airy accommodation is arranged over two floors and there is scope for expansion, to the rear (subject to planning consents).
The accommodation comprises an entrance hall with concealed understairs storage, a dual aspect sitting/dining room with recess cabinetry, book shelving, a fireplace and access to a private courtyard area.
A well-equipped kitchen with modern storage units and appliances completes the ground floor accommodation.
Upstairs, a landing area leads to a utility room with a bathroom off and two bedrooms, both providing built-in storage.
Outside, an enclosed walled garden benefits from a south-facing aspect and a brick-built store proving pedestrian access to Mud Lane.
The garden has established planting and a private courtyard patio area. This elegant townhouse is offered for sale with no onward chain.
Agent's Note Some movement was detected at the rear of property and found to be due to leaking drains. The ground was stabilised and reinforced and a warranty was provided by Mainmark engineering.
The drains were investigated and rerun with a guarantee, Monitoring is now complete. A Certificate of Adequacy was issued by Innovations, the coordinating company.
The property is Grade II Listed and located within the Kite conservation area Location Melbourne Place, which runs between Eden Street and Parkside, is a pedestrian walkway with vehicular access at the rear via Mud Lane.
It is extremely well situated being almost adjacent to Parker's Piece and the city centre (Market Square) is about 0.6 miles away.
It is well positioned for many of the city’s facilities and the university departments, which can easily be accessed by foot, bicycle or bus.
Many of the city’s state and independent schools for all age groups are available within striking distance, whilst the well renowned Hills Road Sixth Form College is also within easy cycling distance.
The mainline railway station is about 0.9 miles away. Tenure Freehold Services Main services connected include: Water, electricity, gas and mains drainage.
Statutory Authorities Cambridge City Council.
Council Tax Band - E Fixtures And Fittings Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold /leasehold interest.
Viewing Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.
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.
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FAQ
About 4, Melbourne Place, Cambridge
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