8 bed HMO/Multi-Let for sale
£850,000Chesterton Road, Cambridge, Cambridgeshire, CB4 1AA
- Description
- Map
Cambridge City HMO which has been in my possession with my wife for 50 years. Fully compliant with Cambridge City Council and licensed. Now 83 years of age and time for a younger landlord.
Viewing anytime by arrangement, not many HMOs come on the market that are in such good condition. Also walking distance from the city centre. Fully let to working ladies.
Cambridge is a wonderful city and full of students and young working graduates. Not to be missed and would give you a wonderful pension. See Arkwright Cambridge Estate Agents Listing.
Large Victorian semi divided into 8 independent studio flats. Each studio is metered separately paid by the tenant. No gas and fully double glazed. All electric certs in place. The house has all certs for lawful use. The house a money maker and 99.9% of the rent was always collected for the years of my ownership, as I was always very careful with selection of tenants.
The house generates 7.3% which represents excellent value in Cambridge average property achieves around 4% or HMO around 6%.
Please do not bother me with silly offers of no money down or I will lease it from you with no money upfront. Please find idiots elsewhere.
Contact the Landlord / Seller about this property