# 2 bedroom flat for sale (CB3 0JE) ## Property Details | Key | Value | |-----|-------| | Address | 48 ST STEPHENS PLACE, CAMBRIDGE, CAMBRIDGESHIRE CB3 0JE | | Price | £300,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £310,000 Sep 2020 | ## Description A spacious and bright two bedroom apartment situated on a popular development off Huntingdon Road, so convenient for Cambridge City Centre and the University. The apartment is located on the 2nd floor of the development. Entering through the front door there is a spacious hallway with space for hanging coats and shoes. On the left hand side is a family bathroom, complete with a white three piece suite with a shower above the bath. On the right hand side there are the two double-sized bedrooms. The kitchen off the hallway is seperate to the reception, with an array of fitted base and eye-level units. At the end of the corridor is the double length reception room, with bay windows at both ends offering plenty of light and space. Outside of the property there are communal gardens and allocated parking for residents. ## Property Photos - ![Picture No.03](/listings/photos/77992567/196450) - Picture No.03 - ![Picture No.04](/listings/photos/77992567/196451) - Picture No.04 - ![Picture No.05](/listings/photos/77992567/196453) - Picture No.05 - ![Picture No.06](/listings/photos/77992567/196456) - Picture No.06 - ![Picture No.07](/listings/photos/77992567/196458) - Picture No.07 - ![Picture No.08](/listings/photos/77992567/196459) - Picture No.08 - ![Picture No.09](/listings/photos/77992567/196461) - Picture No.09 - ![Picture No.10](/listings/photos/77992567/196462) - Picture No.10 - ![Picture No.11](/listings/photos/77992567/196463) - Picture No.11 - ![Picture No.12](/listings/photos/77992567/196464) - Picture No.12 - ![Picture No.13](/listings/photos/77992567/196465) - Picture No.13 - ![Picture No.14](/listings/photos/77992567/196466) - Picture No.14 - ![Picture No.15](/listings/photos/77992567/196467) - Picture No.15 - ![Picture No.16](/listings/photos/77992567/196468) - Picture No.16 ## Floorplans - ![Floorplan](/listings/photos/77992567/196469) - Floorplan ## EPC Graphs - ![Energy Certificate](/listings/photos/77992567/196470) - Energy Certificate - ![EPC](/listings/photos/77992567/196471) - EPC ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #8606117 - **Address:** 48 St. Stephens Place, CAMBRIDGE, CB3 0JE - **Certificate Issued:** 16/01/2012 - **Work Completed:** 15/12/2011 - **Items:** 5 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 48 ST STEPHENS PLACE, CAMBRIDGE, CAMBRIDGESHIRE, CB3 0JE | £310,000 | 18/09/2020 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | CRANWELL COURT 1 HISTON ROAD, CAMBRIDGE, CAMBRIDGESHIRE, CB4 3HD | £230,000 | 18/10/2023 | Flat | | 4 AUSTRALIA COURT, CAMBRIDGE, CAMBRIDGESHIRE, CB3 0JA | £347,000 | 29/09/2023 | Flat | | 50 ST STEPHENS PLACE, CAMBRIDGE, CAMBRIDGESHIRE, CB3 0JE | £565,000 | 05/07/2023 | Flat | | 56 ST STEPHENS PLACE, CAMBRIDGE, CAMBRIDGESHIRE, CB3 0JE | £320,000 | 17/02/2023 | Flat | | 60 ST STEPHENS PLACE, CAMBRIDGE, CAMBRIDGESHIRE, CB3 0JE | £345,000 | 02/02/2023 | Flat | | 54 ST STEPHENS PLACE, CAMBRIDGE, CAMBRIDGESHIRE, CB3 0JE | £340,000 | 01/02/2023 | Flat | | CHAMBERLIN COURT FLAT 8 WESTFIELD LANE, CAMBRIDGE, CAMBRIDGESHIRE, CB4 3QX | £205,000 | 25/02/2022 | Flat | | CHAMBERLIN COURT FLAT 21 WESTFIELD LANE, CAMBRIDGE, CAMBRIDGESHIRE, CB4 3QX | £275,000 | 24/09/2021 | Flat | **Area average:** £328,375 (8 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £437,857 (7 Flat, CB3, 2024–2026) - **Deviation:** -31.5% ## Rental Range *ONS Price Index of Private Rents (Cambridge). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,620/mo - **Realistic:** £1,800/mo - **Optimistic:** £1,980/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 | |------|------|------|------|------| | 2 Bed Flat, Victoria Road, CB4 | £2,000/mo | 2 | 0.48 miles | OpenRent | **Average rent: £2,000/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.67% (weak for cashflow) - **Max investor price (0.8%):** £250,000 - **Target investor price (1%):** £200,000 *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 £2,000/mo).* - **Gross yield:** 8% - **Cost-to-rent:** 12.5× - **Monthly cashflow:** £594/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8.2% *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:** 24% - **10y growth:** 35.1% ## House Price Index (HM Land Registry) *Official index for Cambridge; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -5.6% - **5y growth (index):** -1.9% - **10y growth (index):** -4.1% ## 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)