Sold Flat

59 SHEEPFOLD LANE

CAMBRIDGE, CAMBOURNE, CAMBRIDGESHIRE CB23 6NJ

2 beds 2 baths 61 m² Listed 1 Dec 2023 (-904d)

£76,500

Shared ownership

Reduced on 1 Dec 2023

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# 2 bedroom apartment for sale (CB23 6NJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 59 SHEEPFOLD LANE, CAMBRIDGE, CAMBOURNE, CAMBRIDGESHIRE CB23 6NJ |
| Price | £76,500 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £270,000 Dec 2022 |

## Description

This stunning development has been carefully planned to make the most of the timeless local landscape.

Expansive green open spaces are crafted throughout the development with village ponds and beautiful landscaping. All of this only a short walk from Cambourne's village centre, lined with a charming assortment of restaurants and cafés, all offering their own unique individuality and preserved by a passionate local community.

**About the property**

A two bedroom apartment includes the following features:

- En-suite bathroom

- A high specification kitchen with built in oven, hob & cooker hood

- Flooring provided throughout

- Gas central heating

- Balcony/Terrace

- One parking space

- Electric vehicle charging point

Initial shares available to purchase between 25%-75%* (*Your application will be affordability assessed to determine what share you can afford to buy).

**Price shown is for a 30% share (Based on a full market value of £255,000)**

*Please be advised that this plot comes unfurnished and the imagery used is from a previous show home of a similar plot.

*External CGI - Guide Only

*Service charge - £111.90 (Estimate only)

**Shared Ownership, how does it work?**

If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.

In the future you can purchase further shares in your home*** or sell your share and move on.

*Properties are offered as leasehold, with a lease term of up to 125 years.

** Shares offered are based on business need.

***Some properties are restricted to the level of share you can purchase.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

## Property Photos

- ![Photo](/listings/photos/142602215/286632)
- ![Photo](/listings/photos/142602215/286636)
- ![Photo](/listings/photos/142602215/286642)
- ![Photo](/listings/photos/142602215/286646)
- ![Photo](/listings/photos/142602215/286648)
- ![Photo](/listings/photos/142602215/286650)
- ![Photo](/listings/photos/142602215/286652)
- ![Photo](/listings/photos/142602215/286653)
- ![Photo](/listings/photos/142602215/286654)
- ![Photo](/listings/photos/142602215/286655)

## Floorplans

- ![Floor Plan](/listings/photos/142602215/286656) - Floor Plan

## EPC Graphs

- ![PEA](/listings/photos/142602215/286657) - PEA

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59 SHEEPFOLD LANE, CAMBOURNE, CAMBRIDGE, SOUTH CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB23 6NJ | £270,000 | 20/12/2022 | Flat |

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £156,400 (5 Flat, CB23, 2024–2026)
- **Deviation:** -51.1%

## Rental Range

*ONS Price Index of Private Rents (East of England). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,150/mo
- **Realistic:** £1,278/mo
- **Optimistic:** £1,406/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cambridge (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £947/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| [Sheepfold Lane, SO Flexi Cambourne](http://87.117.209.195:8080/listings/0bb24ec) | £971/mo | 2 | 0.07 miles | Rightmove |
| 2 Bed Flat, West Cambourne, CB23 | £1,250/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Hill Drive, CB23 | £1,350/mo | 2 | 0.7 miles | OpenRent |
| 2 Bed Flat, Hill Drive, CB23 | £1,350/mo | 2 | 0.7 miles | OpenRent |
| 2 Bed Terraced House, Chaffinch Walk, CB23 | £1,285/mo | 2 | 0.81 miles | OpenRent |
| 2 Bed Terraced House, Chervil Way, CB23 | £1,350/mo | 2 | 0.85 miles | OpenRent |
| 2 Bed Terraced House, Chervil Way, CB23 | £1,450/mo | 2 | 0.85 miles | OpenRent |

**Average rent: £1,287/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 1.76% (strong)
- **Max investor price (0.8%):** £168,750
- **Target investor price (1%):** £135,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,350/mo).*

- **Gross yield:** 21.2%
- **Cost-to-rent:** 4.7×
- **Monthly cashflow:** £889/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 48.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -16.4%
- **10y growth:** -17.4%

## House Price Index (HM Land Registry)

*Official index for East of England; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -2.7%
- **5y growth (index):** 0.9%
- **10y growth (index):** 15.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

61 m²

Last sold

£270,000 Dec 2022

Local average

£156,400 (-51.1%)

Street crime

36 incidents within 1 mile (Mar 2026)

Key features

En-suite bathroom
A high specification kitchen with built in oven, hob & cooker hood
Balcony/Terrace
One parking space
Electric vehicle charging point

Additional details

Heating: Gas central
Parking: Off street, Allocated
Garden: Patio

Description

Built by Taylor Wimpey and offered for Shared Ownership sale through Domovo, we have a selection of two bedroom apartments at the hugely popular Cambourne West development in Cambourne, Cambridgeshire.

This stunning development has been carefully planned to make the most of the timeless local landscape.

Expansive green open spaces are crafted throughout the development with village ponds and beautiful landscaping. All of this only a short walk from Cambourne's village centre, lined with a charming assortment of restaurants and cafés, all offering their own unique individuality and preserved by a passionate local community.

About the property
A two bedroom apartment includes the following features:

- En-suite bathroom
- A high specification kitchen with built in oven, hob & cooker hood
- Flooring provided throughout
- Gas central heating
- Balcony/Terrace
- One parking space
- Electric vehicle charging point

Initial shares available to purchase between 25%-75%* (*Your application will be affordability assessed to determine what share you can afford to buy).

Price shown is for a 30% share (Based on a full market value of £255,000)
*Please be advised that this plot comes unfurnished and the imagery used is from a previous show home of a similar plot.
*External CGI - Guide Only
*Service charge - £111.90 (Estimate only)

Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75% of our properties are available, you will pay a subsidised rent on the remaining share.

In the future you can purchase further shares in your home* or sell your share and move on.

*Properties are offered as leasehold, with a lease term of up to 125 years.
Shares offered are based on business need.
*Some properties are restricted to the level of share you can purchase.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Listed by

Bedford

Domovo

Reference: 142602215

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

EPC Graphs

PEA

Price history

Event	Date	Price	% change
Sold	20/12/2022 (3 years ago)	£270,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -16.4%

10y growth -17.4%

House Price Index (HM Land Registry — official index, not sold-price averages): East of England. Series: Flats and maisonettes. As of February 2026.

1y (index) -2.7%

5y (index) 0.9%

10y (index) 15.4%

Rental Range

Estimated market rent for East of England. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,150/mo

Realistic £1,278/mo

Optimistic £1,406/mo

Based on Postcode area CB → East of England.

LHA (30th percentile) floor for Cambridge: £947/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CB23 6NJ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	South Cambs Hall	0.2 miles
Bus stop	Business Park	0.4 miles
Shop	The Co-operative Food	0.5 miles
Shop	Cambourne Dry Cleaners	0.6 miles
Hospital	Unknown	2.3 miles
University	Madingley Hall	5.0 miles
University	Sub-department of Animal Behaviour (University of Cambridge)	5.3 miles
Train station	St Neots	7.1 miles
Train station	Huntingdon	8.6 miles

Street-level crime

Category	Count
Violence and sexual offences	15
Anti-social behaviour	5
Criminal damage and arson	4
Other theft	4
Burglary	2
Vehicle crime	2
Bicycle theft	1
Drugs	1
Possession of weapons	1
Shoplifting	1
Total incidents	36

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Cambourne Village College	Secondary	0.4 miles	Outstanding — 12 Jun 2015
Monkfield Park Primary School	Primary	0.6 miles	Good — 6 Mar 2015
Jeavons Wood Primary School	Primary	0.9 miles	Good — 22 May 2015
The Vine Inter-Church Primary School	Primary	1.4 miles	Good — 13 Jan 2015
Elsworth CofE VA Primary School	Primary	2.2 miles	Good — 23 Oct 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
Sheepfold Lane, SO Flexi Cambourne	£971/mo	2	0.07 miles	Rightmove
2 Bed Flat, West Cambourne, CB23	£1,250/mo	2	0.43 miles	OpenRent
2 Bed Flat, Hill Drive, CB23	£1,350/mo	2	0.7 miles	OpenRent
2 Bed Flat, Hill Drive, CB23	£1,350/mo	2	0.7 miles	OpenRent
2 Bed Terraced House, Chaffinch Walk, CB23	£1,285/mo	2	0.81 miles	OpenRent
2 Bed Terraced House, Chervil Way, CB23	£1,350/mo	2	0.85 miles	OpenRent
2 Bed Terraced House, Chervil Way, CB23	£1,450/mo	2	0.85 miles	OpenRent

Average rent: £1,287/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.76%

Max investor price (0.8%) £168,750

Target investor price (1%) £135,000

Gross yield 21.2%

Cost-to-rent ratio 4.7×

Monthly cashflow £889/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 48.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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