Varsity House - Cambridge
New St, Cambridge, CB1 2TX, UK
296 units
Description
5-9 Craven Hill Gardens comprise a striking row of five Grade II listed, period townhouses converted to provide a total of 68 self-contained studio, 1-bed and 2-bed apartments.
Originally constructed in the 1830s, extensive modernisation to the interior has elevated the building to be a contemporary space with a retained charm from its original heritage features.
- 5 houses
- 68 self-contained units
- Total area of 19,826 sq ft NSA (24,761 sq ft GIA)
- Grade II listed Victorian buildings
- Partly refurbished
- Freehold
...
Attributes
Year built
1830
Number of units
68
Building area gross
2,300 m²
Rentable area
1,842 m²
Number of floors
6
Tenure
Freehold
Media
Investment Highlights
- Rare opportunity to acquire a row of five freehold houses in a prime Central London location.
- Located in Bayswater, one of London’s most desirable neighbourhoods within walking distance of the West End and Hyde Park.
- Exceptional connectivity with four London Underground stations within easy reach of the property including Paddington station offering extensive mainline rail services, Heathrow Express, four London Underground lines and the Elizabeth Line which provides fast and frequent access to Heathrow Airport.
- 68 self-contained units comprising studios, 1-beds and 2-beds in five Grade II listed houses totalling 24,761 sq ft (GIA).
- No. 6 has recently been renovated in its entirety to a high specification, providing a template for continued renovation opportunities.
- Tenants are predominantly tourists and students staying on a range of tenures, providing operational flexibility.
- The property benefits from high occupancy rates throughout the year, and a robust rent collection performance, even during market downturns.
- Confined geographical location provides efficiencies from a lettings and management perspective.
- The acute shortage of professionally managed rental homes in Central London supports low voids, rental growth and long-term capital appreciation.
Contact brokers
5-9 Craven Hill Gardens (0 Properties)
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Last updated
Mar 24, 2026
