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See how verdicts workProperty · CB1 3AQ
Sold STCReduced £25k (−7.7%) on 20 AprListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase a building plot in the heart of the vibrant Romsey area of the city, benefitting from detailed planning consent to erect a stylish 1.5 storey two or three bedroom self-build dwelling The Site - The northern boundary of the site runs along St Philips Road.
Access to the site is over a pedestrian footpath. On the eastern boundary, a footpath provides the access to the rear garden of 76 St Philips Road.
On the western boundary is the garden of 50 Hemingford Road, and the southern boundary backs onto the garden of 48 Hemingford Road.
The properties on the northern side of this area are predominantly two-storey terraced houses, facing St Philips Rd. Some of the properties are set back from the pedestrian footpath.
The southern side has two street facing properties adjacent to the site. Planning Consent - Detailed planning consent for 1 No.
1.5 storey self-build dwellinghouse under Greater Cambridge Shared Planning reference: 24/01861/FUL approved on 12th February 2025.
Gross internal Area of the dwelling is approximately 1,300 sq.ft The plot previously benefitted from outline planning permission for 1 No.
one and a half storey dwellinghouse with no matters reserved.22/00265/OUT decided on 14th March 2023 New Homes - Please contact Cheffins New Homes team for more information on the local market and resale values in the area Location - The plot is located in the highly sought-after Romsey area of the city, just a stone's throw from the vibrant Mill Road with its range of independent shops and restaurants and a short walk or cycle from Cambridge station.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs

FAQ
About 55, Hemingford Road
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