2-bedroom terraced house · CB24 8TT
Listing removedReduced £20k (−6.8%) on 21 JunListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stevens Close is a residential cul de sac just off Lambs Lane, being a short walk from the High Street which hosts a number of amenities (Co-Op store, cafes, doctors surgery etc.) and regular public transport to Cambridge (bus) from Lambs Lane.
Being offered in excellent order and having been much improved by the present seller in recent years, featuring a wood burning stove in the sitting room and well fitted kitchen.
New double-glazed entrance door to: Entrance lobby Radiator, window with blind to the front, opening to: Sitting room 4.22 m x 3.96 m (13'10" x 13'0") Window to the front, radiator, stairs rising to the first floor.
Feature wood burning stove, real wood veneer floor, doorway to: Fitted Kitchen Dining Room 3.96 m x 2.87 m (13'0" x 9'5") Well fitted range of units with matching work surface, inset one and quarter bowl single drainer sink unit and mixer tap, range of base units, and wall mounted cupboard.
Space for slot in cooker. Stainless steel canopy extractor. Full height larder cupboard, wall mounted gas fired Combi boiler. Fitted water filter.
Space and plumbing for washing machine, window to the rear and door to the rear garden. First floor landing Access to insulated loft space with electric light via extending ladder.
Bedroom one 3.51 m x 2.95 m (11'6" x 9'8") Double bedroom. Window with blind to the front and radiator. Full height storage cupboard, spacious wardrobe built in above stair.
Bedroom two 3.43 m x 2.01 m (11'3" x 6'7") Single bedroom. Window with blind to the rear, radiator, oak effect laminate flooring.
Bathroom Fitted white suite with pedestal wash basin, close coupled WC and bath, fitted Triton electric shower above. Part ceramic tiling to the walls, heated towel rail/radiator.
Window with blind to the rear. Full height storage cupboard.
Outside To the front there is a small gravelled garden area with flower beds and private driveway to the side with large metal shed/ workshop.
Pedestrian access to the rear garden with wooden shed, lawn, patio area, box beds, waterbutts and paved pathway to back door. Flower and shrub borders. Further shared parking opposite the houses.
Services All mains services are connected Tenure Freehold Viewing By prior appointment with Pocock and Shaw
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
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FAQ
About 32 Stevens Close, Cambridge
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