2-bedroom terraced house · CB7 4PQ
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A centrally located two bedroomed Victorian terrace which is immaculately presented throughout.
Comprises spacious lounge/dining room with wood burner, kitchen, two double bedrooms and first floor bathroom together with an attractive garden with an outbuilding.
The property is walking distance to all the city centre amenities and convenient for the railway station.
Benefits include gas central heating and UPVC double glazing, there is no upward chain and viewing is highly recommended.
EPC Rating: D Lounge/Dining Room With door and window to front, wood burner with brick hearth, fitted bookshelves and cupboards, stairs to first floor, window to rear, two radiators.
Kitchen With door to outside and windows to side and rear, fitted with a range of wall and base level units, drawers and worksurfaces, sink unit and drainer, electric oven and gas hob, plumbing for washing machine.
Bedroom 1 With two double glazed windows to front, radiator. Bedroom 2 Currently being used as a home office but has been used as a double bedroom previously.
With window to rear, storage cupboard housing gas fired combination boiler, radiator.
Bathroom With suite comprising low level WC, wash basin, panelled bath, shower cubicle, double glazed window to rear, heated towel rail.
Garden To the rear there is a pretty cottage garden which is part walled and has a paved patio leading onto a lawn with attractive borders, raised herb bed and espaliered apple tree, .
At the bottom of the garden is a useful storage shed. The property has the benefit of a pedestrian right of access across neighbouring gardens into the rear garden.
Agents Note: In 2023 the vendors made an insurance claim in respect of minor subsidence which had been caused by a leaking water pipe at the adjoining property.
Under the insurance claim the leaking pipe was located and repaired and there have been no further issues since. Copies of relevant paperwork are available upon request.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 83 Newnham Street, Ely
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