2-bedroom flat · CB24 1DN
Listing removedReduced £10k (−4.3%) on 14 JulListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellently presented two-bedroom second floor flat, located in the desirable Northstowe area with excellent access to local amenities and transport links.
Accessed via a secure entry system, the property opens into a bright, neutrally decorated entrance hall, with a window allowing plenty of natural light.
The hallway is spacious and also benefits from a deep storage cupboard. Both bedrooms are positioned to the front of the property.
The principal bedroom is an excellent sized double and benefits from an en-suite shower room.
The second bedroom is also a double, slightly smaller than the principal bedroom, and is currently used as both a home working space and a spare bedroom.
The family bathroom is finished to the same specification as the en-suite and includes tiling around the shower area.
Importantly, it also benefits from a window in addition to the extractor fan, providing excellent ventilation. The kitchen, dining and living space is a real highlight of the property.
The kitchen is fitted with a range of high and low level cupboards, a gas hob, integrated fridge/freezer, dishwasher and plenty of countertop space.
Being double aspect, the room is flooded with natural light and offers ample space for both a dining table and lounge area.
Furthermore, the west-facing balcony provides a fantastic private outdoor seating space.
Available with no onward chain, this is an excellent opportunity to acquire a fantastic flat with the added benefits of a long lease and allocated private parking. ///vital.taxpayers.galloping
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
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FAQ
About 5, Egbert Walk, Cambridgeshire
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