COLDHAMS LANE, CAMBRIDGE

• 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.

Entrance

A bright, tiled hallway providing access to ground-floor bedrooms, kitchens, and shower rooms. Stairs rise to the first floor.

Kitchen One

3.15m x 3.68m

Spacious and practical with fitted units, worktops, sink, and space for multiple appliances. Positioned to allow easy access for ground-floor rooms.

Kitchen Two

Second communal kitchen with similar facilities, ideal for reducing congestion during peak meal times and supporting a 10-room occupancy.

Ground Floor Shower Room One

Modern suite with walk-in shower, basin, and WC. Tiled finish for durability.

Ground Floor Shower Room Two

Additional shower room serving the lower-level bedrooms and communal areas.

Landing

Central first-floor landing with access to six bedrooms, WC, and first-floor shower room.

First Shower Room

Well-designed with shower enclosure, wash basin, and appropriate ventilation for a multi-occupancy property.

First Floor WC

Separate WC adding further convenience for tenants during busy times.

Bedroom One (Loft Room)

6.74m x 4.7m

A large top-floor room with generous floor space and natural light, offering one of the most private areas of the home.

Bedroom Two

4.15m x 3.65m

Ground-floor double room with good proportions, ideal for tenants who prefer step-free accommodation.

Bedroom Three

3.57m x 3.65m

First-floor double bedroom with a pleasant outlook and practical layout.

Bedroom Four

3.54m x 3.96m

Spacious ground-floor double room with ample room for furnishings.

Bedroom Five

3.57m x 3.02m

First-floor double room positioned towards the front elevation, bright and welcoming.

Bedroom Six

3.15m x 3.03m

Generously sized first-floor room offering good natural light and a practical layout.

Bedroom Seven

2.58m x 3.57m

First-floor single or small double room, perfectly suited for consistent occupancy.

Storage

1.75m x 4.06m

Compact first-floor room offering excellent storage

Bedroom Nine

2.41m x 2.74m

First-floor mid-sized room suitable for a double or single occupancy arrangement.

Storage

2.61m x 2.32m

Ground-floor storage, conveniently located near kitchen and bathroom facilities.