Offers over
£780,000
(£611/sq. ft)
7 bed end terrace house for saleElizabeth Way, Cambridge CB4
7 beds
5 baths
1 reception
1,277 sq. ft
EPC Rating: D
About this property
Fully licensed and compliant 7-bedroom HMO
Generating approx. £56,500 per annum
Circa 7.3% gross yield at £780,000 asking price
All rooms currently let with tenants in situ
Five bathrooms, four en-suite
Well-maintained and professionally managed
Communal kitchen and living area
Prime location
Short walk to Cambridge city centre
Potential for rental growth and further optimisation
Fully licensed 7-bedroom HMO on Elizabeth Way, just a short walk from Cambridge city centre. Generating approx. £56,500 per annum (circa 7.3% gross yield). Fully let with tenants in situ, offering immediate income in a prime location.
An outstanding investment opportunity situated within a short walk of Cambridge's historic city centre. This fully licensed and professionally managed HMO is positioned on Elizabeth Way, adjacent to the highly regarded De Freville Conservation Area.
The property currently generates a strong and consistent annual income of approximately £56,500, representing a gross yield of circa 7.1% based on the asking price of £800,000. This offers an attractive return in a prime Cambridge location, with further potential to enhance rental income subject to a purchaser's management approach.
The accommodation is arranged over multiple floors and comprises seven well-proportioned bedrooms, all currently let, alongside five bathrooms, four of which benefit from en-suite facilities. A communal kitchen and living area provides practical shared space, supporting strong tenant demand and retention.
Having performed successfully as a long-term investment, the property is offered with tenants in situ, allowing for immediate income from completion. There may also be scope for future optimisation or development, subject to the necessary consents.
Elizabeth Way provides excellent access between Chesterton and Cambridge city centre, with the nearby bridge offering a direct route across the River Cam. The location is well served by local amenities, including a convenience store within walking distance, as well as a Tesco superstore and additional retail facilities on nearby Newmarket Road.
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