Property Details: - Type: Detached house - Bedrooms: 11 - Bathrooms: 0

Agent: Carter Jonas - Cambridge Phone: 01223 784769

An impressive Edwardian detached residence offering an exceptional investment and income-generating opportunity occupying a prominent and highly convenient Cambridge position on Chesterton Road.<br/><br/>- Cambridge North Station - approx. 1.4 miles <br/>- Cambridge Central Station - approx 1.8 miles<br/>- Science & Business Park - approx 1.5 miles<br/><br/>• Impressive Edwardian detached investment property extending to approximately 3,467 sq.ft<br/>• Prime central Cambridge location within walking distance of the city centre, River Cam, Jesus Green & Midsummer Common<br/>• Potential gross annual income of approximately £135,900<br/>• Versatile accommodation comprising self-contained apartments, studios and licensed HMO rooms <br/>• Private rear parking for up to five vehicles alongside secure cycle storage<br/>• Exceptional long-term investment opportunity <br/><br/>Description:<br/><br/>Set behind a mature hedge with a private frontage, the property extends to approximately 3,467 sq.ft / 322 sq.m across three floors, currently configured as a combination of self-contained apartments, studios and licensed HMO accommodation. The property has been arranged to provide a strong and established rental income with a potential gross annual return of approximately £135,900. <br/><br/>The accommodation presently comprises three one-bedroom apartments, three self-contained studios and five further letting rooms, alongside well-maintained communal facilities including a shared kitchen, reception/dining space and additional shower rooms.<br/><br/>Opportunities of this scale and versatility within such a prime Cambridge setting are increasingly rare, particularly those offering both immediate income and long-term investment potential. Viewing is highly recommended to fully appreciate both the quality of the opportunity and the strength of the location.<br/><br/>Outside:<br/><br/>The property further benefits from a private rear car park, accessed via Sandy Lane, just off the sought-after De Freville Avenue providing off-road parking for up to five vehicles, a valuable asset in such a central city location, in addition to an enclosed rear garden with cycle storage. <br/><br/>Location:<br/><br/>Chesterton Road remains one of Cambridge’s most established and well-connected residential addresses, positioned less than a mile from the historic city centre and within easy reach of Midsummer Common, Jesus Green and the River Cam. The surrounding area offers an excellent selection of cafés, restaurants, independent shops and everyday amenities, whilst Cambridge North Station, Cambridge Central Station, the Science Park and Business Park are all readily accessible.<br/><br/>Agents Notes:<br/><br/>Net Yield: 9.5% <br/>EPC rating for HMO 128B Chesterton Road: D<br/>EPC ratings for 99C Sandy Lane: C; 128A & 99B: D; 128 & 99A: E<br/><br/>Additional Information:<br/><br/>Tenure: Freehold<br/><br/>Services: Mains water, electricity, gas and drainage<br/><br/>Local Authority: Cambridge City Council<br/><br/>Council Tax Bands: HMO - 128b Chesterton Road: Band F (2025/26 - £3,402); Other studios and apartments are Band A or B <br/><br/>Viewings: Strictly by telephone appointment with the selling agents, Carter Jonas[use Contact Agent Button]