6-bedroom house · CB1 3QZ
Listing removedListed 205 days
Opportunity summary
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About
A substantially extended home offering flexible accommodation with 6 bedrooms, 3 reception rooms and 3 shower rooms.
Sought after cul-de-sac location close to the railway station, Addenbrookes hospital and city centre.
Bancroft Close is a popular cul-de-sac off Fanshawe Road to the south of the city centre, situated between Mill Road and Cherry Hinton Road.
The location allows convenient and easy access to local amenities and the favoured Romsey Town.
Romsey Town has a unique atmosphere and offers many facilities including a wide range of independent retail shops and services, a number of parks and well regarded schooling for most ages.
The city centre is just over 1 mile away and the Addenbrooke's Hospital Biomedical Campus less than 2 miles.
The railway station, with direct trains to London in around 45 minutes, can be easily reached with just a 10 minute walk along a convenient footpath making this ideal for commuters.
The property is an extended semi-detached house which was built using the Laing Easiform concrete construction method.
There is flexible accommodation over two storeys with the addition of a useful loft storage room. The entrance hall has stairs to the first floor and doors to both living room and kitchen.
The living room is at the front with double doors to the kitchen/dining room which comprises a range of wall and base units.
There is a ground floor shower room with three piece suite and conservatory at the back with double doors out to the garden.
There is an annexe to the side which includes a hallway, large double bedroom, study/sitting room and three piece shower room. The annexe is accessed via the kitchen and has a door out to the garden.
The first floor landing has fixed ladder access to a useful loft storage room.
There are three well proportioned double bedrooms on this level in addition to two generous single rooms and a three piece shower room.
Outside - The driveway frontage provides off street parking for two cars. The generous rear garden has paved and lawned areas as well as two sheds.
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
Agent & docs
FAQ
About 29, Bancroft Close, Cambridge
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