2-bedroom flat · CB6 3AJ
Listing removedReduced £10k (−5%) on 21 JunListed 428 days
Opportunity summary
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About
Summary A well proportioned first floor apartment located toward the outskirts of Ely offering two double bedrooms and recently re-decorated with newly laid carpets.
Description This well proportioned first floor apartment is ideally located being towards the outskirts of Ely with excellent road links with the A10 situated nearby.
Ely offers a wide range of facilities and amenities including the Leisure Village with restaurants, cinema and sporting facilities. The property in brief offers communal entrance hall.
Private entrance hall, kitchen/breakfast room, living room, two double bedrooms and a bathroom with separate W.C. Outside there is a storage unit.
The property benefits from double glazing and electric heating.
Communal Entrance Hall With stairs leading to first floor and door to: Private Entrance Hall With large storage cupboard with sliding doors, further storage cupboard and doors to: Living Room 16' 1" x 11' 4" ( 4.90m x 3.45m ) With electric heater and two double glazed windows to front aspect.
Bedroom One 12' 8" x 11' 4" ( 3.86m x 3.45m ) With electric heater, built in wardrobe and double glazed window to front.
Bedroom Two 12' 11" x 9' 8" ( 3.94m x 2.95m ) With electric heater, built in wardrobe and double glazed window to rear aspect. Separate W.C. With low level w.c. And double glazed window to rear.
Bathroom Fitted with a suite comprising panel enclosed bath with newly installed electric shower over and folding shower screen, pedestal wash hand basin and double glazed window to rear.
Kitchen/Breakfast Room 11' 3" x 11' 2" ( 3.43m x 3.40m ) With a range of base units and drawers with work surfaces over two sides, matching wall units, inset stainless steel sink and drainer unit, new freestanding electric cooker, freestanding under counter freezer, space for washing machine, storage cupboard, electric heater and double glazed window to rear aspect.
Outside There is a brick built storage unit with double glazed window to front. Agents Note Please note the heating is electric. Please contact the branch for further information.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 10, Abbots Way, Ely
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