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Cambridge Long-Term Parking: Should Landlords Include It in Rent or Charge Extra?

  • Writer: Cambridge Stays
    Cambridge Stays
  • Jun 19
  • 2 min read

In a city like Cambridge, parking is a valuable asset—so how should you price it? Whether you’re letting a flat in central Cambridge or a house in a residential neighbourhood, long-term parking can boost appeal and income—but only if handled correctly.


Pros and Cons of Including Parking in Monthly Rent

Pros:

  • Simpler for tenants—one payment covers all

  • Higher total rent achievable when marketed well

  • Helps attract tenants who value convenience

Cons:

  • Harder to adjust or monetise separately later

  • May limit flexibility if tenants don’t need parking

  • Blurs the value of the amenity in pricing comparisons


When It Makes Sense to Charge Extra

Charging separately is a smart strategy when:

  • Parking is in high demand or limited supply

  • The space is optional (e.g. street permit, gated bay)

  • You want to appeal to a broader range of tenants at a lower base rent

We often recommend separate pricing in central areas where parking scarcity drives premium value.


How Parking Availability Impacts Tenant Demand

Parking is one of the most requested features among professionals, commuters, and families. Including or offering parking options can:

  • Speed up lets

  • Justify higher rents

  • Reduce tenant turnover

Cambridge tenants especially value private parking due to tight regulations and permit zones in many areas.


Best Practices for Marketing Parking with Your Property

  • Be clear in your listing about what’s included or available

  • Mention proximity to car-free zones, bike storage, or park-and-ride alternatives

  • If charging separately, state the monthly price

  • Highlight security, size, and convenience of the space


How Cambridge Stays Helps Landlords Maximise Rent and Appeal

We guide landlords on:

  • Pricing parking strategically

  • Marketing it to the right tenants

  • Adjusting rent structure depending on local competition

  • Managing leases or permits where needed

Whether included or separate, parking should boost—not burden—your property income.


Unsure How to Price Your Parking? Let’s Make It Work for You.

Cambridge Stays helps landlords treat parking as a value-add, not an afterthought. From pricing strategies to effective marketing, we ensure your parking earns its keep.

Let’s talk about how your rental’s parking potential can boost your return.


 
 
 

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