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See how verdicts work2-bedroom terraced house · SG8 6HZ
Sold STCListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introduction Wellington Wise are pleased to present this well-maintained shared ownership bungalow, offered for sale with no onward chain.
This part rent, part buy property is available at a 50% ownership level. Current charges: Service charge: £356.
48 per quarter Buildings insurance: £16.00 per quarter Ground rent: £26.50 Per Annum Rent on unowned share: £34.33 per week Step Inside The front door opens into a welcoming reception hall, complete with a spacious 2 walk-in storage cupboards.
The sitting room features a double-glazed windows and a door opening to the rear garden.
The kitchen is fitted with a range of wall and base units with work surfaces over, an inset drainer sink, and plumbing for a washing machine. Wall mounted gas boiler for a central heating system.
The main bedroom is positioned at the rear of the property with a double-glazed window, while the second bedroom overlooks the front garden.
The shower room is designed as a wet room, comprising a walk-in shower area, low-level WC, and wash hand basin.
Total floor area: approximately 626 sq ft The property is well presented throughout and ready for immediate occupation.
Step Outside The rear garden wraps around the bungalow on two sides and offers a rear and side garden. It is fully enclosed by fencing and benefits from gated rear access.
There is a brick built store. Location Melbourn is a historic village situated approximately 10 miles south of Cambridge and 3 miles north of Royston.
The ancient Icknield Way runs along its southern boundary. The village is known for its attractive period cottages and the 13th-century Parish Church of All Saints.
Local amenities include a variety of shops (including a butcher with deli and a Co-op), a doctor’s surgery, pharmacy, and The Community Hub.
Leisure facilities include a swimming pool with gym and a golf course.
Transport links are excellent, with Meldreth mainline station within walking distance, providing direct services to Cambridge and London King’s Cross.
The area is also well served by local schooling, including a primary school and Melbourn Village College.
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
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FAQ
About John Impey Way, Melbourn
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