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See how verdicts work2-bedroom flat · CB24 1DN
Listing removedReduced £10k (−4%) on 21 JunListed 370 days
Opportunity summary
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About
Tenure: Leasehold Built in 2021, the accommodation boasts well-maintained gardens to the front, a designated car park to the rear with two tandem allocated parking spaces, and secure entry system.
Entering the apartment, you are greeted with a bright entrance hall comprising a storage cupboard and access to the master bedroom, a second double bedroom, family bathroom and kitchen/lounge/diner.
The master bedroom has an ensuite with a large shower cubicle with electric shower, a WC, wash basin and mirrored bathroom cabinet. The second bedroom has room for a double bed and wardrobe.
The main bathroom comprises a modern suite with a bathtub and over-bath shower and a window. The kitchen/lounge/diner is a bright, spacious, open-plan room.
It features a south-west facing balcony accessed via French doors and providing a private outdoor space.
The kitchen benefits from integrated appliances including a fridge/freezer, cooker with four ring gas hob, full sized dishwasher and washing machine, and a cupboard housing an Ideal combi boiler.
The accommodation comes with a 10 year building warranty provided by the NHBC which has five years remaining. Lease Lease 125 years commencing 01.01.2020 with a peppercorn ground rent.
Service charge is £1059 p.a. Estate charge is £144 p.a. Location Northstowe is a newly built town situated between the villages of Longstanton and Willingham.
It offers easy access to the A14, M11 and A1.
The town is situated just next to the Guided Bus route which provides fast access into Cambridge along what was previously the train line; this service also continues to Cambridge North train station, the Science Park and Addenbrookes Hospital or westbound to St Ives.
Alongside the guided bus route is a cycle path, often used by walkers and runners alike.
Northstowe benefits from several parks including a large waterpark with extensive walking and cycling routes for residents to enjoy the wildlife.
Pioneer Park provides a range of outdoor exercise equipment, a children's play area, and a basketball court.
There is a community cafe at the Community Centre, Northstowe Tap & Social and the newly opened Northstowe sports pavilion facilities include a bar, cafe and gym.
Many sports facilities are available at the secondary college and the Western Park.
The Local Centre, a planned area of retail development, will create a meeting place and local facilities such as shops, cafes and a community building.
In the neighbouring villages, there are a range of local amenities such as Co-op, butchers, bakers, hairdressers, preschool and takeaway restaurants and other small businesses.
The town has two primary schools, a private day nursery, secondary school and sixth form. Many more facilities planned to open soon. EPC Rating: B
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
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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 5 Egbert Walk, Cambridge
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