This semi-detached house presents a promising opportunity for renovation and investment, situated within a quiet cul-de-sac just two miles from the vibrant heart of Cambridge. The property features three bedrooms and benefits from a generous rear garden, ideal for outdoor living or potential expansion. Off-road parking adds convenience, making it appealing for both families and future tenants.
Recently granted planning permission allows for conversion into a six-bedroom, six-bathroom House in Multiple Occupation (HMO), with reference number 24/02669/ful. This presents an excellent pathway to significantly increase rental income; upon completion of the transformation, the estimated rental yield is approximately 9%.
The property is offered chain-free, providing flexibility for a quicker acquisition process. With its proximity to Cambridge city center and local amenities, this location is attractive to both renters and homeowners alike. Investing in this property not only allows for immediate enhancement but also positions you strategically within a high-demand rental market, ensuring strong long-term returns.
For those considering this as an investment opportunity, the freehold tenure offers considerable control over the property’s future utilization. As always, prospective buyers are encouraged to conduct their own due diligence before proceeding with any offers or viewings.
