1-bedroom flat · CB2 9EF
Listing removedListed 410 days
Opportunity summary
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About
Otter Close is part of the award-winning Trumpington Meadows development.
Greenway House, built in 2016, enjoys a prime location on the Grantchester side of the village—directly opposite the meadows and just a short stroll from the Park & Ride and Waitrose.
It’s perfectly positioned for those seeking easy access to Cambridge city centre while enjoying the peace and beauty of the countryside.
Greenway House is accessed via a secure entry system, with stairs leading to all floors.
Apartment 8 is located on the ground floor in a particularly desirable position, boasting lovely views across the meadows.
Upon entering the apartment, you're welcomed into a spacious entrance hall with two generous storage cupboards.
At the heart of the home is a bright and airy open-plan kitchen/living/dining area, bathed in natural light thanks to its dual-aspect positioning with a sunny south-easterly orientation.
Two sets of French doors open onto a private garden, while additional sliding doors lead out to a terrace—both outdoor spaces offering spectacular, uninterrupted views over the nature reserve and providing perfect spots for relaxing or entertaining.
The kitchen is well-equipped with a range of wall and base units, ample worktop space, and integrated appliances including a fridge/freezer, washing machine, electric hob, oven, and extractor fan.
The bedroom also opens directly onto the private terrace and includes built-in wardrobes.
Completing the accommodation is a stylish bathroom fitted with a modern white suite, shower over the bath, heated towel rail, and attractive floor-to-ceiling tiling.
The original lease was 155 years with 145 years remaining. There is a service charge of £2800 per annum, which is reviewed annually and adjusted according to forecast costs.
Ground rent is £200 per annum, which is reviewed every 10 years and increased in accordance with the RPI at each review.
Trumpington is a thriving, fast growing part of the city that still manages to retain its village identity and sense of community.
It is exceptionally well located for access into the Addenbrooke's campus, out to the M11 and into the city by car, bus, guided bus, one of a few purpose-built cycle routes, or even an enthusiastic walk.
The city's mainline station can be easily reached along the guided busway cycleway without having to mix with car traffic at all and Cambridge South Station is due to open in 2026.
The area has three primary schools and a brand new state-of-the-art secondary school built in 2016 with excellent sporting facilities.
Many of the city's finest private schools are within easy cycling distance. There are also various restaurants, pubs, shops, a post office, barber, GP surgery, pharmacy, library and community centre.
There is a major Waitrose supermarket and a Sainsbury's local.
Trumpington Meadows nature reserve links Trumpington through to Byron's Pool and Grantchester and there is a second country park between Trumpington and the Addenbrooke's campus.
Various bridleways and footpaths lead immediately out into the countryside towards Harston, Haslingfield, Barton and Grantchester.
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
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