1-bedroom flat · CB22 5FF
Listing removedReduced £20k (−4.8%) on 21 JunListed 264 days
Opportunity summary
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About
A modern and spacious one-bedroom apartment, making up part of this fabulous retirement community, centrally located within this highly sought-after village of Great Shelford.
The property was constructed in 2011 by the highly reputable and award winning Hill Residential.
The development has matured beautifully with established trees and planted beds, creating a peaceful setting in the heart of this extremely well served village.
The apartment is located on the first floor with views over communal gardens to the rear.
There is a welcoming communal entrance hall with entry phone system, a communal seating area and an elevator to the first floor.
Once inside the apartment there is a reception hall with fitted cupboard housing a wall mounted gas fired central heating boiler and the underfloor heating manifolds.
There is a double bedroom with fitted wardrobe cupboards and a luxury shower room fitted with Duravit sanitary ware including a generous walk-in shower.
The sitting/dining room has French doors to a Juliet balcony which overlook the communal gardens.
The kitchen area is fitted with attractive cabinetry, ample fitted silestone working surfaces with inset one and a half sink unit with mixer tap and bevel drainer.
There are a host of integrated Siemens appliances and these include a four ring ceramic hob, conventional oven and combination microwave oven, extractor hood, fridge/freezer, dishwasher, washing machine plus karndean flooring.
Outside there is gated parking for one car plus visitor parking.
The development is run by elected residents directors in charge of the maintenance and the communal electricity areas, communal gardening areas and external window cleaning at a cost of approximately £2,000 per annum for each resident.
The residents have also converted, what was originally the site office, to a rather pleasant meeting called the Toska room where coffee mornings and yoga classes are regular occurrences and gives the scheme an individual and community feel.
Tenure Leasehold Leasehold is 250 years from 2011, with 236 years remaining. Ground rent is £250 per annum and will be reviewed in 2061 and is increased in line with the rp index at each review.
This did not increase at the last review in 2023. Service charge is £1,368.50 per annum and is reviewed annually and is adjusted according to associated costs.
Location Great Shelford is a sought-after village just to the south east of the city, with an excellent range of facilities including primary school, health centre, recreation ground, library, church and a range of shops including supermarket, bakery, chemist and butcher.
The M11, Shelford railway station and Addenbrooke’s / Biomedical Campus are easily accessible. Services Mains services connected include: Gas, electricity, water and mains drainage.
Statutory Authorities South Cambridgeshire District Council Council tax band-c Fixtures And Fittings Unless specifically mentioned in these particulars all fixtures and fittings are expressly excluded from the sale of the freehold 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.
Area
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FAQ
About 11, Old School Court, Great Shelford
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