CB1 Cambridge City Centre — Property Development

CB1 covers Cambridge City Centre in Cambridge (East of England). University core — listed conservation and PBSA territory.

Local market snapshot

• Average property value: £525,000
• Indicative gross rental yield: 4.4%
• Council planning regime: Gateway 2

Local authority: Cambridge City Council — Gateway 2, Article 4 active, average build cost £2600/sqm.

Hot strategies in CB1

• Purpose-Built Student Accommodation (PBSA) — Student housing development opportunities
• Listed Building Conversion — Converting Grade I and Grade II listed buildings
• Co-Living Developments — Single-occupancy units with shared amenity space

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