2-bedroom terraced house · CB2 1ND
Sold STCListed 443 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented Victorian house, situated on a highly regarded road in the popular Newtown area of the city, just a short walk to the University Botanic Gardens, city centre and Cambridge Mainline Railway Station.
Cambridge City Centre 1 mile, Cambridge Mainline Railway Station 0.5 of a mile, Addenbrooke's Hospital/Biomedical Campus, 2 miles, M11 (junction 11) 3 miles, (distances are approximate).
87 Norwich Street is an attractive, terraced house constructed with brick elevations under a slate roof.
Believed to date from the late 1800s, the property is fine example of the Victorian era and is well maintained throughout, providing prospective purchasers with an excellent opportunity to acquire a fine period property, in a central city location.
Norwich Street lies within a Conservation Area and runs between Hills Road and Panton Street.
Some of the most highly regarded schools in the city, such as St Faith's, The Ley's, St Mary's and The Stephen Perse schools (from pre-prep to sixth form), are within walking or cycling distance.
Parkside Community College is also within about half a mile.
The property is also conveniently placed for access to the city centre, which provides an attractive combination of ancient and modern buildings, winding lanes, excellent shopping facilities and the tree-lined river Cam.
Cambridge has become a 'high tech' and 'bio tech' hub with the University Research and Development Laboratories, Science Park and Addenbrooke's Hospital/Biomedical Campus.
For the commuter, the city's mainline railway station provides regular services to King's Cross and Liverpool Street in 52 and 67 minutes respectively and the nearby M11 provides good access to Stansted Airport, the M25 and London.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Norwich Street, Cambridge
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