Sold STC Flat

98 RENARD WAY

CAMBRIDGE, TRUMPINGTON, CAMBRIDGESHIRE CB2 9FZ

2 beds 786 sq ft Listed 1 Aug 2024 (-683d)

£170,000

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Property details

Tenure

LEASEHOLD

Floor area

73 m²

EPC rating

B

Last sold

£170,000 Jan 2025

Price per m²

£2,329/m²

Local average

£428,095 (-60.3%)

Deprivation

Decile 8 (26,339 of 33,755)

Street crime

94 incidents within 1 mile (Apr 2026)

Additional details

Parking
Yes
Garden
Back garden

Description

Tenure: Leasehold, 120 years remaining
Full Market Value: £425,000
Available Share: 40%
Monthly Rent: £659.30
Monthly Service Charge: £130.17
Property Details
This charming 2-bedroom, first-floor apartment is located in the desirable Trumpington Meadows area of Cambridge and is available through the Shared Ownership scheme. With a leasehold tenure of 120 years remaining, this property offers modern living with excellent amenities.
Interior Layout:
Entrance Hallway: As you enter, the hallway features two built-in cupboards on the right for convenient storage.
Bedrooms: The master bedroom is to the left, followed by the second bedroom. Both rooms are spacious, carpeted, and have large windows that fill the rooms with natural light. Currently, one bedroom is set up as an additional living space.
Bathroom: Located on the right, the bathroom includes a three-piece suite with a bathtub and shower facilities.
Kitchen/Living Room: At the end of the hallway, the open-plan kitchen/living area awaits. The kitchen is equipped with ample cupboard and counter space, appliance housing, an integrated oven with gas hobs, and an overhead extractor hood. The living area is generously sized, with multiple windows and a glass door leading to the private balcony.
Balcony: The balcony offers a spacious outdoor area with scenic views over the meadows.
External Features:
Parking: The property includes one allocated parking space.
About the Area
Trumpington is a charming village on the outskirts of Cambridge, adjacent to Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. This vibrant community is part of the City of Cambridge electoral ward and boasts excellent local amenities.
The central square in Trumpington Meadows is set to become a key feature of the development, with planned facilities including a health centre, library, shops, offices, and a transport hub with access to the Cambridgeshire Guided Busway.
Shared Ownership Explained
Shared Ownership offers a fantastic alternative to renting, making homeownership more accessible. With this scheme, you can purchase a 40% share of the property and pay a subsidised rent on the remaining portion. Over time, you have the option to buy additional shares in your home or sell your share and move on.
Embrace the opportunity to own a piece of Trumpington Meadows and enjoy contemporary living in a picturesque setting.
 
 
 

Listed by

Cambridge

ARKWRIGHT & CO SW

Reference: 150883523

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 01/05/2019

Expiry date: 30/04/2029

Current heating cost: £173/year

Potential heating cost: £173/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 10/01/2025 (1 year ago) £170,000

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

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 94 RENARD WAY, TRUMPINGTON, CAMBRIDGE, CAMBRIDGESHIRE, CB2 9FZ £160,000 28/03/2023 Flat
Same street 156 RENARD WAY, TRUMPINGTON, CAMBRIDGE, SOUTH CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB2 9FZ £450,000 11/01/2023 Flat
CROSSWAYS HOUSE 22 ANSTEY WAY, TRUMPINGTON, CAMBRIDGE, CAMBRIDGESHIRE, CB2 9JZ £270,000 17/06/2022 Flat
Same street 152 RENARD WAY, TRUMPINGTON, CAMBRIDGE, CAMBRIDGESHIRE, CB2 9FZ £422,995 14/04/2022 Flat
CROSSWAYS HOUSE 15 ANSTEY WAY, TRUMPINGTON, CAMBRIDGE, CAMBRIDGESHIRE, CB2 9JZ £226,000 20/08/2021 Flat

Street average: £344,332 (3 sales)

Area average: £248,000 (2 sales)

Capital growth trend

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

5y growth 15.1%
10y growth 23.1%

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

1y (index) -5.2%
5y (index) -1.8%
10y (index) 5.1%

Rental Range

Estimated market rent for South Cambridgeshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,262/mo
Realistic £1,402/mo
Optimistic £1,542/mo

Based on Local Authority from postcode lookup → South Cambridgeshire.

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

Location

Nearby

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

Type Name Distance
Bus stop Bowling Green 0.0 miles
Bus stop Anstey Way 0.1 miles
Shop Rulos Barbers 0.2 miles
Shop Radhika Flowers 0.2 miles
Hospital The Royal Papworth Hospital 0.9 miles
Hospital Cambridge Biomedical Campus 1.0 miles
University University of Cambridge 1.1 miles
University Douglas House 1.1 miles
Train station Cambridge 1.8 miles
Train station Shelford 1.8 miles

Street-level crime

Category Count
Violence and sexual offences 22
Anti-social behaviour 20
Other theft 9
Shoplifting 9
Bicycle theft 6
Criminal damage and arson 6
Burglary 5
Other crime 5
Public order 5
Vehicle crime 3
Drugs 2
Theft from the person 2
Total incidents 94

Within 1 mile during Apr 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
Trumpington Park Primary School Primary 0.3 miles Good — 23 Mar 2022
Fawcett Primary School Primary 0.4 miles Good — 20 Oct 2011
Trumpington Meadows Primary School Primary 0.5 miles Good — 23 Mar 2018
Trumpington Community College Secondary 0.7 miles Good — 23 Jan 2024
Long Road Sixth Form College Other 0.9 miles (No rating)

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
2 Bed Flat, Pitman House, CB2 £1,650/mo 2 0.37 miles OpenRent
2 Bed Flat, Bishops Court, CB2 £1,425/mo 2 0.38 miles OpenRent
2 Bed Flat, Kestrel Rise, CB2 £2,195/mo 2 0.42 miles OpenRent
2 Bed Flat, Osprey Drive, CB2 £1,950/mo 2 0.57 miles OpenRent

Average rent: £1,805/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.06%
Max investor price (0.8%) £225,000
Target investor price (1%) £180,000
Gross yield 12.7%
Cost-to-rent ratio 7.9×
Monthly cashflow £926/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 22.5%
  • 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).