How much is 374, Mill Road, Cambridge?

The asking rent is £1,150 a month.

No floorplan from the agent

374, Mill Road, Cambridge

1-bedroom house

1 bath

Asking rent

£1,150/mo

To rentListed 2 days

Character

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Superbly positioned in the heart of vibrant Mill Road, this well-presented professional house share offers great value en-suite accommodation within walking distance of Brookfield Hospital, Cambridge Station and the City Centre.

Reimagined from a characterful Victorian terrace, 374 Mill Road forms part of the Norman Terrace, dating back to 1904.

Today it combines comfortable modern living with one of Cambridge's most sought-after central locations, making it particularly well suited to professionals, postgraduates and students seeking convenient city living.

Character

Key information

Furnished state

Furnished

Deposit required

£1,150

Availability

Available now

Check availability with the agent

Reception rooms

Local authority

Cambridge

District

County

Cambridgeshire County

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.