7 bedroom end of terrace house for sale

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7 bedroom end of terrace house for sale

Elizabeth Way, Cambridge, Cambridgeshire, CB4
£800,000

Our Summary

  • A superb investment opportunity located within a short walk to the historic Cambridge City Centre, in the form of a fully compliant and managed HMO, on Elizabeth Way, Cambridge, adjacent to the De Freville conservation area
  • This property has served as a superb investment for the current landlord and is being offered with sitting tenants and the opportunity for further development

Description

This investment property is a fully compliant and managed HMO located in Cambridge City Centre, just a short walk from the historic city centre. The property consists of seven bedrooms, all currently occupied, and five bathrooms, including four en-suite bathrooms. The accommodation also features a communal living and kitchen area. With a gross income of approximately £54,000 per annum, this property provides a strong annual rental yield after costs. The property is being offered with sitting tenants and the opportunity for further development, making it an attractive investment opportunity for the right buyer. The property is situated on Elizabeth Way, a road connecting the Ward of Chesterton and the main Cambridge City Centre, with local amenities including an off-license, Tesco Hypermarket, and retail park nearby. Viewings are available by appointment only through the vendors' sole agents, Tucker Gardner Cambridge.