We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · CB1 9AQ
Sold STCReduced £25k (−5.9%) on 25 OctListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious & much improved bungalow, benefitting from an updated boiler, electrics, refitted bathroom & new roof, the property enjoys a corner plot in this friendly village just east of the City.
This extended bungalow has been renovated & extremely well cared for since it was previously purchased in 2012.
Additions to the property include updated facias, guttering, plastered ceilings & LED spotlights.
The accommodation comprises an entrance hall with loft access, & a storage cupboard housing a combi-boiler.
The living room benefits from the morning sun & has a sliding door opening into a double glazed conservatory.
The kitchen/dining room has a dual aspect & is fitted with a matching range of units, offering space/plumbing for various appliances.
There are 2 double bedrooms, bedroom 1 with attractive paneling & views to the rear. The refitted bathroom has a separate shower & bath, is complemented by part tiled walls & inset spotlights.
Outside the fenced front garden is mainly graveled & set nicely back from the road with a paved pathway to front door.
The rear garden is block paved for ease of maintenance & has side access back to the front of N.3. Teversham is a friendly village situated just a few miles east of the City Centre.
There are some amenities within the village including a Church, a family friendly social club & a popular Indian restaurant.
Neighbouring Cherry Hinton has a more comprehensive range of shopping facilities & there is also a Tesco superstore, a 5-minute drive from the property.
The village is well placed for access to Arm Headquarters (2 miles), Addenbrookes Hospital & the Biomedical Campus (3 miles).
Bus services run regularly to & from the City Centre & there are good road links via the A14.
Teversham CofE Primary School maintains a 'Good' Ofsted rating & falls within the catchment area to Bottisham 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
Agent & docs
FAQ
About Cherry Hinton Road, Teversham, CB1
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