2-bedroom flat · CB1 3AN
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly located on Mill Road is this two double bedroom apartment offering extremely spacious and well presented accommodation throughout.
Benefits include generous and well proportioned rooms, modern kitchen and shower room and neutral & stylish décor. Unfurnished.
This superb two double bedroom apartment is well located on Mill Road giving excellent access to local amenities, the city centre, the railway station and Addenbrooke's.
The property is arranged over the first floor, is offered unfurnished and comprises the following: Entrance hall; generous reception room with laminate floor and a large storage cupboard; well equipped, modern open-plan kitchen; two double bedrooms; and a well appointed three piece shower room.
Additional benefits of this fabulous property include double glazed windows throughout and electric heating. Unfurnished.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 2, 197, Mill Road, Cambridge
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