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See how verdicts work7-bedroom house · CB4 1DD
No longer listedReduced £20k (−2.5%) on 21 JunListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully licensed 7-bedroom HMO on Elizabeth Way, just a short walk from Cambridge city centre. Generating approx. £56,500 per annum (circa 7.1% gross yield).
Fully let with tenants in situ, offering immediate income in a prime location. An outstanding investment opportunity situated within a short walk of Cambridge's historic city centre.
This fully licensed and professionally managed HMO is positioned on Elizabeth Way, adjacent to the highly regarded De Freville Conservation Area.
The property currently generates a strong and consistent annual income of approximately £56,500, representing a gross yield of circa 7.1% based on the asking price of £800,000.
This offers an attractive return in a prime Cambridge location, with further potential to enhance rental income subject to a purchaser's management approach.
The accommodation is arranged over multiple floors and comprises seven well-proportioned bedrooms, all currently let, alongside five bathrooms, four of which benefit from en-suite facilities.
A communal kitchen and living area provides practical shared space, supporting strong tenant demand and retention.
Having performed successfully as a long-term investment, the property is offered with tenants in situ, allowing for immediate income from completion.
There may also be scope for future optimisation or development, subject to the necessary consents.
Elizabeth Way provides excellent access between Chesterton and Cambridge city centre, with the nearby bridge offering a direct route across the River Cam.
The location is well served by local amenities, including a convenience store within walking distance, as well as a Tesco superstore and additional retail facilities on nearby Newmarket Road.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 19, Elizabeth Way, Cambridge
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