Studio flat · CB4 1NY
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“High-Spec Studio Apartment Near Cambridge North Station – Ideal Investment Or First-Time Purchase” Situated within the contemporary Novum House development on Water Lane , this well-presented ground-floor studio apartment offers modern living in the highly desirable Chesterton area of Cambridge , just moments from the River Cam and within easy reach of Cambridge city centre.
Built in 2018 , the property features a bright open-plan living and kitchen area finished to a high standard with integrated appliances including a fridge freezer, dishwasher, oven and hob.
Large windows provide excellent natural light and open onto the well-maintained communal grounds, creating a bright and welcoming living space with room for both lounge and sleeping areas.
The apartment also benefits from a modern bathroom with a walk-in shower and heated towel rail , along with a separate utility/storage room housing the electrical and heating systems and space for a washer-dryer.
Novum House offers secure communal access, bicycle storage and convenient local amenities nearby.
The property is ideally positioned just a short cycle from Cambridge North railway station , providing excellent transport connections for commuters and investors alike.
Offered with no onward chain , this stylish apartment represents an excellent opportunity for first-time buyers, professionals, or investors seeking a modern Cambridge property in a well-connected location Energy Efficiency Rating EPC rating: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 Water Lane, Cambridge
Explore nearby