3-bedroom flat · CB5 8DR
Listing removedReduced £20k (−4%) on 23 MarListed 285 days
Opportunity summary
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About
A spacious, three-bedroom duplex apartment, forming part of a prestigious development situated close to Midsummer Common and the River Cam, available with no onward chain. No.
26 Bailey Mews is a spacious and versatile duplex, situated just off Auckland Road, within easy reach of the city centre, The accommodation briefly comprises a spacious open plan living / dining room, which has southerly aspects and views over the front of the building.
The kitchen benefits from a dual aspect and has been fitted with a range of base and eye-level units.
All the kitchen appliances are available for sale: cooker, fridge/freezer, washer/dryer and a dishwasher Bedrooms 2 and 3 have an interconnecting door but maintain their own entry points and could be easily partitioned off.
The family bathroom is fitted with a three-piece white suite with a heated towel radiator.
On the top floor is the master bedroom, which is particularly spacious, has an ensuite bathroom and a walk in wardrobe.
The master bedroom also has access to a boarded loft space providing space for storage. Finally, there is a large landing / study area, which offers versatility to suit individual purchasers needs.
Outside the development sits within attractive well-kept communal gardens with bike and bin storage areas and a sheltered allocated parking space.
Agent's Note - New PVC double-glazed windows were installed in 2013. Location - Bailey Mews enjoys an excellent location being just off Maids Causeway, adjoining Midsummer Common.
The city centre itself, with its wide range of facilities and amenities is within walking or cycling distance and the wide open spaces of both Midsummer Common and Jesus Green are adjacent.
Bailey Mews is a scheme of 39 leasehold flats and 6 freehold townhouses approached from Auckland Road which in turn is off Maids Causeway. Tenure - Leasehold with share of freehold.
Lease is 150 years from October 2002. The service charge is approximately £500 per quarter.
We understand the service charge covers buildings insurance, water rates, communal cleaning and a gardening service. This will be reviewed annually and adjusted according to costs.
There is no ground rent payable. The management company is The Maltings Management Company Ltd. Services - Main services connected include: water, electricity, gas and mains drainage.
Statutory Authorities - Cambridge City Council.
Council Tax Band - E Fixtures And Fittings - Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the leasehold interest.
All the kitchen appliances are available for sale. Cooker, fridge/freezer, washer/dryer and dishwasher Viewing - Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.
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 26, Bailey Mews, Auckland Road, Cambridge
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