1-bedroom terraced house · CB1 3NL
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A large single bedroom with private ensuite in a five-bedroom, first floor, shared house on Mill Road.
Recently refurbished to a high standard and excellently located for Cambridge city centre, Addenbrookes and the train station.
This shared property is on the first floor of a building and has recently been completely refurbished to a high standard.
There are five rooms in total, four of them with ensuite shower rooms and there is also communal shower room with WC. Room 4 is a good size single room with a large, private shower room.
It is fully furnished with a modern single bed, mattress, bedside table, wardrobe and a chair.
There is a communal living area furnished and kitchen, fully supplied with a fridge/freezer, washing machine, dishwasher, electric hob, double oven, microwave, toaster and a kettle.
Furnished with a dining table and leather chairs, sofa, modern lighting and rugs. Parking is on street and unrestricted.
All bills will be included in the rent, tenants are responsible for their own TV license. Available November 2026 to a professional, single occupant.
Electricity, gas and broadband is included in the rent. Gov.uk suggests the property has not flooded, in the last 5 years.
The Mill Road area is one of the most bustling, cosmopolitan and multi-cultural parts of the city.
Its main shopping street is packed with colourful, exciting, independent businesses, shops, cafes, restaurants and bars and the surrounding streets have some of the most interesting tucked-away pubs in Cambridge.
The area is within easy reach of Cambridge's historic centre, major shops and green spaces.
Everything you need is just a bike ride or walk away, from schools to supermarkets, gyms to art galleries and the city's main central station is just a few minutes' walk.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Mill Road, Cambridge
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