- Licensed 8-bedroom HMO in a high-demand Cambridge rental area +
- £51,000 annual income rising to £60,000 in March 2026 +
- Strong 8.86% current yield (future yield 10.43%) +
- Two fully equipped kitchens supporting multi-let living +
- Multiple bathrooms and WC facilities across both floors +
- Generous off-street parking at the front +
- Large internal footprint with practical layout for HMOs +
- Well-maintained communal spaces and private bedrooms +
- Excellent access to Cambridge City Centre, ARM, Addenbrooke’s & major transport links +
- Reliable long-term tenant demand and minimal void periods +
Approached via a sizeable front driveway offering ample off-street parking, 588 Coldhams Lane stands as a substantial brick-built property already operating as a successful 8-bed licensed HMO. The entrance door opens into a bright hallway that gives an immediate sense of space, with tiled flooring for durability and easy maintenance, ideal for high-usage accommodation.
The ground floor layout has been intelligently configured with two kitchens positioned at opposite ends, allowing tenants to comfortably share facilities. Two shower rooms complete the ground floor, ensuring convenience during busy hours. Four of the ten bedrooms are located on this level, each offering good proportions and natural light.
Moving upstairs, the first-floor landing provides access to six further bedrooms, an additional shower room, and a separate WC. The accommodation is thoughtfully arranged to support multiple occupants with ease, maximising both comfort and functionality.
This property offers investors a rare opportunity, a fully operational, income-producing HMO in one of Cambridge’s most consistent rental markets. With income rising to £60,000 per year in early 2026 and strong demand expected to continue, this represents a stable, high-yielding addition to any portfolio.