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See how verdicts work3-bedroom terraced house · CB1 3PT
Sold STCReduced £15k (−3.2%) on 25 OctListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free 3 bed end terrace house in a popular south city location, just a short walk to the railway station and close to the city centre, Addenbrookes hospital and all the amenities of Mill Road.
Hobart Road is conveniently located in Romsey Town, just a short walk to all the independent shops, cafes and facilities Mill Road is famous for.
The railway station is less than 1 mile away whilst the city centre is around 1.5 miles and the Addenbrookes Hospital Biomedical Campus is 2 miles.
Good schooling for all ages is available nearby, as are larger shops, supermarkets and major employers.
The property is an end terrace house, which has been partially updated with the addition of a new kitchen and bathroom, leaving something for the next owner to make it their own.
Sold with the advantage of no upward chain. There is a porch which opens into a spacious living room, with bay window and stairs to the first floor.
The recently re-fitted kitchen/dining room offers a range of wall and base units and worksurfaces with inset sink and an integrated oven and hob with extractor over.
There is an under stairs cupboard and rear lobby with w.c and access to the garden. The first floor landing has a built in cupboard and loft hatch.
There are two generous double bedrooms and a well proportioned single room. The bathroom has been re-fitted with a shower over the bath.
Outside - There is provision for driveway car parking to the front and there is a long rear garden which requires maintenance and clearance.
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 Hobart Road, Cambridge
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