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About This Property

Discover what makes this home special

The Icon, Number 31 is a stylish and modern one-bedroom apartment located in the heart of Cambridge, CB3 1SE. Positioned just off Mill Road, this property offers an exceptional blend of urban convenience and contemporary living. The apartment is ideal for professionals, couples, or investors seeking a vibrant yet comfortable home with excellent access to the city's amenities and transport links. Its proximity to Cambridge city centre and the renowned University of Cambridge makes it a highly desirable location for both residents and tenants.

Inside, the apartment boasts a thoughtfully designed layout with a spacious living area, a fully fitted kitchen, and a modern bathroom. Natural light floods the space, enhancing the sense of openness and warmth. Residents will appreciate the vibrant community atmosphere surrounding Mill Road, known for its eclectic mix of independent shops, cafes, and cultural venues. This location offers an excellent balance of city living with easy access to green spaces and recreational areas nearby.

Property Features

This apartment features a well-proportioned one-bedroom layout with a modern bathroom and an open-plan living and kitchen area fitted with contemporary appliances. Double-glazed windows ensure energy efficiency and noise reduction, while a secure entry system provides peace of mind. Residents also benefit from access to a communal garden, perfect for relaxation or socialising. The property’s design maximises natural light, creating a bright and inviting living space suitable for both relaxation and entertaining.

One-bedroomOne-bathroomFitted kitchenOpen-plan living areaDouble glazingSecure entry system+2

Local Amenities

Situated near the bustling Mill Road area, this property benefits from a rich variety of local amenities. Residents have easy access to Cambridge Railway Station (approx. 1.5 miles) and Cambridge North Station (approx. 2.5 miles), providing excellent rail connections to London, Ely, and beyond. The area is well served by frequent bus routes, enhancing public transport convenience.

Cambridge Railway StationCambridge North StationMill Road Primary SchoolSt Philip's Church of England Aided Primary SchoolTesco ExpressSainsbury's Local+6
Cambridge North Train Station (1.1 miles, 5 mins drive) • 5 mins by train to Cambridge

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£549,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£229/mo
Estimated Ground Rent£18/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£549,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£229/mo
Estimated Ground Rent£18/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment Opportunity
75/100
ChallengingModerateGoodExcellent
Strong rental demand due to proximity to University of Cambridge
Good transport links including Cambridge Railway Station
Growing local economy with ongoing development projects
Limited parking may be a consideration for some buyers

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£549,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£229/mo
Estimated Ground Rent£18/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.3%
Based on £1,971/mo rent
Area Price Growth
+1.0%
Average annual increase
5-Year Value Forecast
£579,148
+£29,198 projected gain
5-Year Rent Forecast
£2,375/mo
Based on 3.8% annual growth
Price per Sq Ft£1,100
Annual Rent Income£23,652
10-Year ROI172%
Break-Even Point29 yrs

Property Value Projection

Based on 1.0% annual growth
£579,148
5yr
£609,897
10yr
£642,278
15yr
£676,379
20yr
£712,290
25yr
Current: £549,950

Monthly Rental Income

Based on 3.8% annual growth
£2,375
5yr
£2,862
10yr
£3,449
15yr
£4,156
20yr
£5,007
25yr
Current: £1,971/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Location

Commute Time Planner

London King's Cross
50 mins
1h 20m
Cambridge Airport (proposed relocation site nearby)
N/A
10 mins

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
70
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Residential+Positive Impact
Marleigh Park Phase 3
0.3 milesEst. 2025
InfrastructureMixed - potential for increased development but also noise concerns Impact
Cambridge City Airport Relocation
0.5 milesEst. 2026
Community/Sports+Positive Impact
The Plains Sports Pitches and Pavilion
0.2 milesEst. 2024
* Information based on local planning applications and may be subject to change

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£549,950
AvailableNB0000030103
View Location Analytics

The Icon, Number 31

Cambridge, Cambridge CB3 1SE
The Icon
1
Bedrooms
1
Bathrooms
500
Est. Sq ft
apartment
Type
Available Plot Numbers
31
1 plot(s) available
Ownershipleasehold

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£549,950The Icon, Number 31

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The Icon, Number 31
The Icon, Number 31Cambridge£549,950

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