11 Bed Terraced House For Sale

An attractive Victorian mid terrace Villa, providing a superb investment opportunity, currently in the form of a fully compliant HMO, with 11 individual room lets. The property has been run by the same landlord as a successful HMO for more than 15 years. The property is ideally located on Elizabeth Way, just a short walk to the historic Cambridge City Centre and the River Cam. The property currently provides an excellent 7% gross yield, with currents rents being achieved of ££65,280, with the potential to improve on this. EPC RATING: BAND C.



The Setting

Elizabeth Way, is a road connecting the Ward of Chesterton and the main Cambridge City Centre. Elizabeth Way incorporates the now famous Elizabeth Way bridge, providing a key road link into the historic city centre, over the River Cam. There is a local off-license within a short-walk, as well as a Tesco Hypermarket and further retail park on the nearby Newmarket Road.



The Accommodation

The property provides spacious accommodation of three floor extending to approximately 2428sqft. the accommodation in brief

comprises of 11 bedrooms, 5 on the ground floor along with a communal shower room, 5 on the first floor, again with a communal WC and shower room, and a further room and shower room on the second floor. There is a communal living and kitchen area centrally on the ground floor and outside, to the rear, the property benefits from a communal paved courtyard area with bike racks.