2-bedroom flat · CB3 0AJ
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented 2 bedroom apartment situated just to the north of Cambridge within walking distance of the City Centre & local amenities.
The property features generous open plan kitchen/living room to include fridge/freezer, washing machine, dishwasher, oven and hob. Priciple bedroom with en-suite shower room.
Further double bedroom and family bathroom with shower over bath. Secure undercroft parking. GCH. Furnished. Council tax band - E. However we would advise that you check this on the Gov uk website.
The Holding deposit for the property will be£548.00 and the deposit £2740.00 subject to the rent being as advertised at £2375pcm.
Castle Street stands in a rather special area of the City only about half a mile north of the centre.
This is an area of the City where properties seldom come to sale, and is a most attractive location, on a slight rise within easy walking or cycling distance from the City centre.
The property is located just opposite Shire Hall within striking distance of Cambridge City with its combination of ancient and modern buildings, winding lanes and excellent choice of local schooling.
It is ideally situated for those working at Cambridge Science and Business Park (3 miles east) or Addenbrooke's Biomedical Campus (4 miles south).
For the commuter, Cambridge station has mainline services to London from around 48 minutes. The property is also within easy reach of the A14/M11 road networks.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 2,, Kings Keep, Cambridge
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