Property Details: • Type: Detached • Tenure: FREEHOLD • Floor Area: 1774 sqft
Key Features: • Substantial seven-bedroom HMO • Annual rental income of £91,800 • Gross yield approximately 9.66% • Approximately 1,774 sq ft / 164.8 sq m • Accommodation arranged over three floors • Multiple shower rooms/WCs • Modern kitchen and additional kitchen facilities • Generously proportioned bedrooms • Flexible studio-style accommodation • Excellent access to Cambridge Science Park and Cambridge North
Location: • Nearest Station: Cambridge North • Distance to Station: 1.2307553896805072 miles
Agent Information: • Address: 191 Mill Road, Cambridge, CB1 3AN
Full Description: <strong></strong> <strong></strong> Occupying a convenient position on Milton Road, this highly individual property represents an excellent opportunity for investors seeking a high-yielding asset within the Cambridge rental market.<br /><br />The accommodation has been configured to maximise its letting potential and comprises seven generously proportioned bedrooms, together with multiple shower rooms/WCs, kitchen facilities and communal accommodation. Several of the rooms provide particularly spacious, studio-style accommodation with areas for seating, working and dining, creating an attractive proposition for professional and student tenants alike.<br /><br />Internally, the property is presented in a contemporary style, with modern flooring, striking feature walls and well-appointed rooms. The main kitchen is fitted with a range of modern white units, contrasting tiled splashbacks, integrated cooking facilities and appliance space, while additional kitchen facilities further enhance the flexibility of the accommodation.<br /><br />The bedrooms vary considerably in size, with several particularly impressive rooms offering ample space for double beds, wardrobes, desks and additional seating. The upper-floor accommodation includes further large bedrooms and shower facilities, while the top-floor room measures approximately 18'4" x 11'11".<br /><br />Externally, the property benefits from a private rear garden, together with a paved covered terrace providing useful outside communal space. The overall arrangement offers substantial accommodation extending to approximately 1,774 sq ft.<br /><br />Milton Road provides excellent access to Cambridge city centre, Cambridge Science Park, Cambridge North railway station and major employment centres to the north of the city, making the location particularly well suited to the rental market. There are also numerous shops, amenities and transport connections within easy reach.<br /><br />With an annual rental income of £91,800, the property produces a gross yield of approximately 9.66% at the £950,000 asking price, making this a particularly compelling opportunity for established landlords and investors looking to acquire a substantial Cambridge HMO.
