Summary - 22, HIGH STREET CB22 3BG
1 bed 1 bath Retail Property (high street)
Income now with clear refurbishment upside and extension potential.
Freehold mixed‑use: two shops plus three one‑bed flats
A freehold mixed‑use investment on Sawston High Street, offering two ground‑floor shops and three self‑contained one‑bedroom flats. The ground floor includes an income tenant (Coral Racing Limited) producing a known rent of £15,000 pa; total current rental income is £35,800 pa. The property occupies a central High Street position with on‑street parking and fast broadband — convenient for shoppers, commuters and renters.
The upper‑floor flats require complete refurbishment and modernisation; this is the main cost factor but also the primary value opportunity. There is an overgrown shared rear garden that could be tidied for amenity use or reconfigured for parking or an extension, subject to planning permission. Construction is traditional red brick with sash‑style windows and a slate roof typical of the period.
For investors, the lot offers immediate rental income with realistic upside after refurbishment or potential rear extension (planning enquiry recommended). For owner‑occupiers or small developers, the property presents conversion and refurbishment potential but expect works to bathrooms, kitchens, decoration and services. No flood risk is recorded; the property is offered freehold at an asking price of £350,000.
Practical points: mains services are understood to be available but untested, and the upper flats are currently in worn condition. Prospective purchasers should factor refurbishment costs, confirm lease details for the Coral tenancy, and check local planning constraints before committing.
5 bedroom terraced house for sale in Corona Road, Cambridge, CB4 — £550,000 • 5 bed • 3 bath • 1443 ft²
3 bedroom terraced house for sale in New Road, Sawston, Cambridge, CB22 — £350,000 • 3 bed • 1 bath • 1225 ft²
3 bedroom end of terrace house for sale in Old Forge Way, Sawston, CB22 — £325,000 • 3 bed • 2 bath • 872 ft²
Office for sale in 154-156 Victoria Road, Cambridge, CB4 3DZ, CB4 — £1,950,000 • 1 bed • 1 bath • 8583 ft²
House for sale in 99 Victoria Road, Cambridge, Cambridgeshire, CB4 3BS, CB4 — £700,000 • 1 bed • 1 bath • 1835 ft²
3 bedroom terraced house for sale in Highsett, Cambridge, CB2 — £700,000 • 3 bed • 2 bath • 1030 ft²
