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See how verdicts work4-bedroom terraced house · CB5 8DN
Sold STCListed 453 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb 4-bedroom, modern town house with a home studio and allocated parking, located yards from Midsummer Common and the river Cam.
This 1980’s mid-terrace town house has been significantly improved and remodelled to create an impressive open plan living/dining space, which connects to a recently installed modern kitchen and benefits from complete views of the established and colour themed garden.
The property occupies a privileged position along Parsonage Street, yards from Midsummer Common and scenic river walks in the historic city centre.
Upon entering the property, an enclosed entrance hall leads to a refitted WC and an open plan reception area.
This light contemporary space benefits from a high degree of natural light and comprises of three areas.
There is a well-equipped kitchen with stylish low-level handleless units and drawers, open wall-mounted units, working surfaces and a range of integrated appliances.
A generous dining area with a feature glazed staircase divides the kitchen from a broad and comfortable sitting area. Floor to ceiling glazing allows completes views and access to the garden.
The upper floors provide flexible accommodation, which includes a first-floor principal bedroom suite, a separate modern shower room with a wash hand basin and WC, and three further double bedrooms.
Outside, there is a walled courtyard garden, which has a deep paved terrace leading to gravelled area with s variety of colourful plants and shrubs.
A well-constructed and fully insulated home studio with power and lighting provides pedestrian access to a rear pathway leading to the allocated parking space.
The property also qualifies for residents' permit parking.
Location - Parsonage Street is a quiet, highly sought-after and convenient residential no-through road adjoining Midsummer Common, within easy walking distance of the historic city centre.
The property also falls within the catchment for St Matthew’s Primary School and Parkside Community College, which have achieved Ofsted ratings of 'good' and 'outstanding', respectively.
Local shopping 150 yards, city centre (Market Square) 0.5 miles, railway station 1.25 miles (Liverpool Street from 60 minutes, King's Cross from 49 minutes).
Tenure - Freehold Services - Main services connected include: water, electricity, gas and mains drainage. Statutory Authorities - Cambridge City Council.
Council Tax Band - F Fixtures And Fittings - Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest.
Viewing - Strictly by appointment through the vendor’s sole agents, Redmayne Arnold and Harris.
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 Parsonage Street, Cambridge
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