How Much Is Rent in Cambridge UK for New-Build vs Period Properties?

When landlords ask, how much is rent in Cambridge UK, the answer depends heavily on the type of property. Cambridge’s rental market offers two distinct paths: sleek new-build apartments with modern amenities and energy efficiency, or historic period homes rich in character and heritage appeal. Both options command strong demand, but the price, tenant profile, and investment return differ significantly.

Average Rent for New-Build Properties in Cambridge

New-build properties in Cambridge typically sit at the premium end of the market. A central one-bedroom new-build apartment often rents for £1,450–£1,650 per month, while larger two-bedroom flats command upwards of £1,800–£2,200 monthly.

Tenants are drawn to these properties for their energy-efficient design, high-speed connectivity, secure entry systems, and onsite amenities. With sustainability targets and rising utility costs in the UK, the promise of lower energy bills is a major driver of demand.

New-builds are also popular with relocating professionals, tech sector employees in the Cambridge Science Park, and international tenants seeking turn-key modern living.

Average Rent for Period Properties in Cambridge

Period properties tell a different story. While they may lack modern insulation or lifts, they compensate with prime locations and historic charm. Georgian and Victorian terraced houses in central Cambridge can fetch £2,000–£3,000 per month, depending on condition and proximity to colleges or the River Cam.

Even smaller two-bedroom period flats rent at £1,300–£1,600 per month, often rivalling new-build equivalents despite higher maintenance needs. Tenants are willing to pay for character features such as sash windows, high ceilings, and fireplaces.

For many academics, researchers, and heritage enthusiasts, living in a period property enhances the Cambridge experience in a way that modern developments cannot replicate.

Which Property Type Offers Higher Yields?

From an investment standpoint, both categories offer unique advantages. New-builds typically achieve slightly lower gross yields (averaging 4–4.5%) due to higher purchase prices, but they benefit from reduced maintenance costs and fewer void periods.

Period properties, while often achieving yields of 5% or more, come with higher ongoing expenses—roof repairs, damp-proofing, and heritage compliance can quickly erode profitability. Still, their capital appreciation in historic Cambridge areas has historically outperformed newer developments.

For landlords, the decision hinges on whether the priority is steady net yield or long-term value growth.

Tenant Profiles: Who Chooses New-Build vs Period Homes

Understanding tenant demographics helps landlords maximise occupancy.

• New-Build Tenants: Typically professionals, young families, and international workers prioritising convenience, energy efficiency, and modern layouts. Proximity to business hubs and transport links makes these properties highly attractive.

• Period Property Tenants: More common among academics, postgraduate students, and couples drawn to history and charm. For them, location near Cambridge colleges and cultural landmarks is often worth higher rent and older facilities.

Cambridge Stays’ Data on Property Type Performance

At Cambridge Stays, managing over 30 prime properties in central Cambridge, we’ve seen first-hand the differences between these categories. Across our portfolio, new-build apartments consistently secure shorter void periods and faster rental cycles, while period properties deliver stronger loyalty and longer tenancy durations.

For example, a managed Victorian terrace near Jesus Green achieved an average tenancy length of 32 months, compared with just 18 months in a modern Riverside new-build flat. This illustrates how tenant expectations differ and why landlords should balance short-term yield with long-term stability.

Making the Right Choice

So, how much is rent in Cambridge UK when comparing new-builds versus period homes? The truth is, both command strong demand—yet they appeal to different tenant groups and carry distinct financial implications. New-builds bring premium rents with lower running costs, while period homes offer higher yields but require greater upkeep.

At Cambridge Stays, we specialise in guiding landlords through these decisions. Whether you own a modern apartment or a listed townhouse, our tailored property management ensures maximum returns.

👉 Request your Free Cambridge Rent Comparison Report today and see how your property stacks up against the market.