5 bed bungalow for sale

Hereward Close, Impington, Cambridge, Cambridgeshire CB24

Investment or Owner-Occupier Opportunity

Abbotts Cambridge is delighted to bring to the market this exceptional five-bedroom mid-terrace bungalow, ideally situated in the highly sought-after area of North Cambridge. Offered with no onward chain, the property presents a rare opportunity for both investors and owner-occupiers, with the flexibility to purchase either with tenants in situ or with vacant possession.

Currently operating as a fully licensed House in Multiple Occupation (HMO), the property generates a strong rental income of approximately £3,400 per calendar month, delivering an attractive 8% yield. For investors seeking immediate returns, this turnkey asset provides a reliable income stream from five fully let rooms. Alternatively, the property can be sold with vacant possession, making it an ideal prospect for buyers looking to occupy, modernise, or reconfigure the accommodation to suit their own requirements.

The accommodation comprises five generously sized double bedrooms, each benefiting from its own private en-suite shower room, alongside a well-appointed communal kitchen and a comfortable living area, creating an attractive and practical living environment for residents.

Externally, the property features low-maintenance front and rear gardens and benefits from on-street parking. A range of everyday amenities, including supermarkets, pubs, and local shops, are all within easy walking distance, further enhancing its appeal to both tenants and homeowners.

The location is particularly convenient for commuters, offering excellent access to the A14 and M11, while the nearby Guided Busway provides swift and regular connections to Cambridge City Centre, Cambridge Railway Station, and Addenbrooke's Hospital.

About the Area

Located within the desirable village of Impington, the property enjoys a peaceful residential setting combined with excellent local amenities and transport links. The area is highly regarded for its community atmosphere and proximity to some of the region's most popular destinations.

Impington Village College is within walking distance, while neighbouring Histon offers a wide selection of independent shops, cafés, restaurants, and everyday conveniences. The village strikes an ideal balance between a relaxed community lifestyle and easy access to the city.

The nearby Guided Busway provides a direct route into Cambridge, making the area particularly attractive to professionals and commuters. Meanwhile, excellent road connections via the A14 and M11 offer convenient travel throughout Cambridgeshire and beyond.

Whether you are seeking a high-yield investment, a spacious home, or a property with future development potential, this versatile bungalow offers a wealth of possibilities and must be viewed to be fully appreciated.

Please be aware that we require id and proof of address from all buyers prior to formally processing any accepted offers. An aml fee of £80 (including vat) is also payable at this stage and covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.