2-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold To make an enquiry please click the email agent or request viewing button on the listing, this will allow us to respond to you as quickly as possible Not all flats are created equal, and this one makes that point from the moment you step inside.
A large, well-presented first floor apartment on Market Street in the heart of Ely, Woolpack Chambers is a building that delivers more than its frontage suggests and with every conceivable amenity right on the doorstep!
This flat is a particularly generous and versatile example of what it offers.
The entrance hall is a proper space rather than a narrow corridor; large enough to feel like a room in its own right and setting the tone for a flat that has been thought about rather than just divided up.
The first double bedroom sits off the hallway and is a well-proportioned and comfortable room in its own right, a shower room with double enclosure that provides a clean, well-finished facility.
The open plan kitchen, sitting and dining space forms the heart of the home, a bright and sociable living area fitted with a modern white high gloss slab kitchen that gives the combined space a clean, contemporary feel.
And then there is the second room, which is where this flat becomes genuinely interesting.
Accessed via double doors from the living space and independently from the hallway, this large second room offers a flexibility of use that most apartments simply cannot match.
Use it as a double bedroom with the luxury of two separate access points. Use it as a dedicated dining room that can be opened to the living space for entertaining and closed off when not in use.
Use it as a home office with its own entrance from the hallway, entirely separate from the living accommodation.
The dual access arrangement makes the flat work differently depending on who lives here and that kind of versatility is rare at any price point.
Neutrally decorated and in very good order throughout, this is a flat that is ready to move into and will accommodate a range of lifestyles without compromise.
Sitting on Market Street, the location places you at the very centre of everything Ely has to offer.
The weekly Thursday, Saturday and Sunday markets, independent shops, cafés, the riverside, Jubilee Gardens and the mainline station are all within a short walk, with London King’s Cross at around seventy minutes on a direct service and Cambridge under twenty minutes.
Suitability: Single/Couple Available date: 04/12/26 Holding Deposit: £253.84 Deposit: £1,269 (No deposit option available subject to T&Cs) Council Tax Band: A EPC Rating: D Parking: None Furnished status: Unfurnished Rights & Restrictions: Some pets may not be allowed due to overriding leasehold policy Rights & Easements: None Accessibility: None Planning consent/applications: None Flood risk: Broadband & Mobile coverage checker: disclaimer: There are no safety risks at this property and the information provided above is accurate and true to the best of our knowledge at the time of listing.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 2 Woolpack Chambers 16A Market Street, Ely
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