Cambridge's Co-Living Boom and the Rise of Semi-Detached HMOs —
Cambridge's Co-Living Boom: The Meteoric Rise of Semi-Detached Homes in Cambridge — 688% Price Spike in 28 Years!
When we mention British semi-detached homes, many might instantly picture iconic shows like Harry Potter's Dursleys or BBC's Outnumbered. But here's a fresh perspective — the Cambridge property market is witnessing a phenomenal surge in the value of these classic homes, especially with the increasing trend towards co-living and HMOs —
Babouris proudly manages two semi-detached HMOs on Milton Road Cambridge CB4.
688% Rise for Semi-Detached Homes in Cambridge
Over the last three decades, semi-detached houses in Cambridge have seen an astounding 688% price rise, cementing their status as a prime investment in the Cambridge co-living space.
Delving into Cambridge's Semi-Detached House Resurgence
Semi-detached homes aren’t new to the UK; they date back to Victorian and Edwardian times. Then known as 'villas', their popularity has spanned over 150 years. Unlike Europeans, the British cherish the semi-detached lifestyle that marries neighbourly closeness with a touch of independence.
Cambridge's Co-Living Trend: Semi-Detached Homes Outshine Other Property Types
“Cambridge properties in past 28 years:
• Semi-detached: 688% increase
• Detached: 485% increase
• Apartments: 491% increase
• Terraces: 557% increase”
From 1995's average of £82,300, a semi-detached house in Cambridge now averages a whopping £648,500, catching the eyes of savvy homebuyers and Cambridge HMO investors alike.
The Value of Co-Living in Semi-Detached Cambridge Properties
Semi-detached homes in Cambridge are perfect for HMO conversion because they are more affordable than detached houses and have functional designs and spacious interiors that are often ideal for dining, entertainment, and co-living setups.
In Cambridge, the varied range of semi-detached homes — from vintage to ultramodern — cater to a wide array of tastes. Since 1995, 9,030 of these homes have sold, accounting for 24.84% of all Cambridge home sales.
“In the bustling 2023 property market, Cambridge properties sell in how many days by property type:
• Semi-detached in 60 days
• Detached take 75 days
• Terraces require 79 days
• Apartments need 143 days”
Semi-detached homes in Cambridge aren't just homes; they're an investment. They're an embodiment of a dream that marries suburban comfort with Cambridge co-living and HMO trends.
For more deep dives into the Cambridge property market, especially insights on Cambridge co-living and HMO opportunities, keep following our blog and join our social media community.
Meet The Writer:
Alex Babouris is a HMO investor with more than 10 years of experience. He is the founder of Cambridge Property People – a community of local property professionals, investors and enthusiasts, and Alex is the founder and lettings director at Babouris – a specialist HMO property investment and management agency.