Offers in region of

£795,995

(£382/sq. ft)

7 bed semi-detached house for sale
Milton Road, Cambridge CB4

    • 7 beds

    • 6 baths

    • 2 receptions

    • 2,085 sq. ft

  • EPC Rating: D

  • Chain free
  • Freehold

Martin & Co Cambridge

Logo of Martin & Co Cambridge

About this property

  • Fully let HMO with tenants in situ

  • Strong, established rental yield

  • No onward chain

  • Seven bedrooms (five doubles, two singles)

  • Four en-suite rooms

  • Additional communal bathroom and shower room

  • Spacious kitchen/dining area

  • Separate living space

  • Off-street parking for multiple vehicles

  • Scope to extend into loft (STPP)

Fully let 7-bed HMO generating approx. £5,330 pcm (£63,960 pa), equating to a gross yield of around 8.0% at £795,995. Located north of Cambridge, with en-suites, communal areas, parking and loft extension potential (STPP). Ideal turnkey investment.

The accommodation is arranged across two floors and is sold with all tenants in situ, allowing for immediate income from day one. There is no onward chain.

The ground floor comprises three double bedrooms, two of which benefit from private en-suite shower rooms, in addition to a separate communal shower room. There is also a spacious L-shaped kitchen/dining area and a comfortable living space, creating a practical and sociable environment for occupants.

Upstairs, there are three further double bedrooms and one single bedroom along with a study room. Two of the double rooms include en-suite facilities, while a well-appointed shared bathroom serves the remaining rooms.

The current rental income is derived from the following room breakdown: Room 1 - £700 pcm, Room 2 - £950 pcm, Room 3 - £725 pcm, Room 4 - £650 pcm, Room 5 - £760 pcm, Room 6 - £695 pcm, and Room 7 - £850 pcm.

Externally, the property offers off-street parking for multiple vehicles to the front, along with a communal bike storage area. The rear garden is generously sized and designed for low maintenance, with a large patio area leading from the property and a shingled section beyond. A substantial shed provides additional storage.

Proposed architectural plans have been prepared to convert the loft space into two additional en-suite bedrooms, increasing the overall accommodation to nine letting rooms and further enhancing income potential. The drawings also indicate internal reconfiguration to improve layout efficiency on the upper floor.

These plans present a valuable opportunity for investors to add further value, subject to the necessary planning consents and building regulations approval.

Situated on Milton Road, this property occupies a highly convenient position to the north of Cambridge city centre, offering excellent access to a range of local amenities including shops, cafes and supermarkets. Cambridge North railway station is within easy reach, providing direct links to London, while regular bus routes offer quick access into the city, Science Park and Business Park. The area is particularly popular with professionals due to its proximity to major employment hubs, including Cambridge Science Park, St John's Innovation Centre and the A14/M11 road networks.

Agent Note: This property is being sold with tenants in situ and is therefore suitable for investors only.

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More information

  • Tenure

    Freehold

  • Council tax band

    E

See all recent sales in CB4

Property descriptions and related information displayed on this page are marketing materials provided by - Martin & Co Cambridge. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Martin & Co Cambridge for full details and further information.