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High Street, Cherry Hinton CB1

East of England

£900,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is a significant residential development prospect located on the bustling High Street in Cherry Hinton, Cambridge. The property currently consists of a detached house set on a spacious plot with direct street access. With planning permission already secured for redevelopment, this site presents an opportunity to replace the existing structure with an impressive 2.5-storey House in Multiple Occupation (Sui Generis), featuring nine bedrooms tailored for shared living environments. Additionally, plans include a separate two-bedroom dwelling to enhance the accommodation options available on-site. The envisioned HMO will be thoughtfully designed to maximize space and functionality, offering shared communal areas and necessary amenities that are essential for modern living. The project also proposes landscaping and outdoor amenities, ensuring that residents can enjoy well-planned recreational spaces within this vibrant community. Cherry Hinton is a sought-after suburb just east of Cambridge city centre, boasting numerous local amenities such as health centres, shops, schools, and recreational facilities. Excellent public transport links along High Street enable easy commuting to Cambridge city centre, railway connections, and major roads like the A14, making it an attractive location for potential tenants and homeowners alike. Approved planning permission under reference 25/01321/ful by Cambridge City Council as of February 2026 adds further value to this investment opportunity.

Investment Analysis

(CB1 area)
Area Average
£566/sq ft
Avg Rent (weekly)
£400
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£450,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CB1)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +4.7%
5 year growth: +8.2%
Investment Disclaimer: Analysis based on CB1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Cherry Hinton CB1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,188
Based on a loan of £675,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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