Chariot Way

THE OPPORTUNITY

This property offers investors the rare combination of immediate rental income, a long lease, low running costs, and a location with proven, structural demand. With tenants already in place and paying rent, there is no letting void to absorb, no marketing costs to incur, and no delay between completion and income generation. The apartment forms part of a modern, well-managed development in one of Cambridge’s most established residential areas, appealing to a broad tenant base including young professionals and postgraduate students connected to the city’s university and science sectors.

KEY FIGURES

• Asking price: £240,000
• Current rental income: £1,500 pcm (£18,000 per annum)
• Gross yield: approximately 7.5%
• Ground rent: £90 per annum
• Service charge: approximately £2,100 per annum
• Annual outgoings (ground rent + service charge): £2,190
• Net income after outgoings: approximately £15,810 per annum
• Net yield: approximately 6.6%
• Lease term remaining: 105 years

A gross yield of 7.5% is significantly ahead of the current UK average buy-to-let yield of around 5-6%, and even after accounting for ground rent and service charges, the net yield of 6.6% remains highly competitive for the Cambridge market, where average yields typically sit closer to 4-5% due to high capital values. This makes the property particularly attractive to investors prioritising strong, sustainable cash flow.

LOCATION

Orchard Park is one of Cambridge’s most sought-after residential and rental locations, and continues to see strong demand from tenants and investors alike, underpinned by:

• Exceptional tenant demand: Cambridge is home to a world-renowned university, a rapidly expanding science and technology cluster (including the Cambridge Science Park and Cambridge Business Park, both within easy reach), and a constant influx of professionals, academics, and postgraduate students – all of whom require quality rental accommodation
• Strong transport connectivity: the development benefits from excellent access to Cambridge city centre, the A14 for regional and national connections, and Cambridge North railway station, which offers direct services to London King’s Cross in around 50 minutes, further widening the tenant pool to commuters
• Ongoing regeneration: the wider Cambridge Northern Fringe area continues to benefit from significant infrastructure investment, including improvements to public transport, cycling routes, and local amenities, supporting both rental demand and long-term capital growth
• Chronic undersupply of housing: Cambridge has one of the most acute housing shortages in the UK relative to demand, a structural imbalance that continues to drive both rental growth and capital appreciation, offering investors a degree of long-term resilience not found in many other markets
• Established rental market: Orchard Park is a mature, well-regarded development with a track record of consistent occupancy, reducing the risk typically associated with newer or less-established locations

WHY THIS WORKS AS AN INVESTMENT

• Immediate income from day one, with tenants in situ and no void period or setup costs
• Long lease of 105 years remaining, offering strong mortgageability and long-term security for the investor
• Low, predictable running costs, with a modest ground rent and service charge that protect the net return
• Resilient, high-demand location, with Cambridge consistently ranked among the UK’s top-performing property markets, driven by genuine economic and demographic fundamentals rather than short-term speculation
• Diversified tenant demand, spanning students, academics, professionals, and commuters, which helps reduce void risk over the longer term
• Strong yield profile relative to both the national average and the wider Cambridge market, offering an attractive entry point for income-focused investors

This is a well-positioned, income-generating asset in one of the UK’s strongest and most resilient property markets, offered at a price that reflects an attractive current yield alongside genuine long-term growth potential. Opportunities of this nature — combining immediate income, long lease terms, and a prime Cambridge location – do not remain on the market for long.