11 bedroom detached house for sale

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11 bedroom detached house for sale

Chesterton Road, Cambridge
£1,350,000

Our Summary

  • The property covers 3,467 SqFt or 322 SqM across three floors, providing a profitable landlord business and investment opportunity with a potential gross annual income of £135,900

Description

This attractive Edwardian detached house on Chesterton Road offers a profitable landlord business and investment opportunity with a potential gross annual income of £135,900. The property, which spans 3,467 SqFt across three floors, is currently set up as a mixture of apartments and licensed HMO rooms, comprising three one-bedroom apartments, three studios, and five bedrooms. The property benefits from a private car park for up to five vehicles and a back garden with a bike shed. Located in a highly desirable and convenient Cambridge location, just off De Freville Avenue, the property is within walking distance of the city centre, Midsummer Common, the River Cam, and Jesus Green. The property is available to view and offers a 9.5% net yield, making it an attractive investment opportunity.