2-bedroom terraced house · PE16 6PD
Listing removedListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Entrance Hall Double glazed entrance door, radiator, vinyl flooring, stairs to first floor and door to: max Lounge/Dining Room 7.35m (24'1") x 2.75m (9') Double glazed window to front, two radiators, vinyl flooring, double glazed double doors to garden, door to: Kitchen 3.02m (9'11") x 1.70m (5'8") Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, extractor fan, plumbing for washing machine, space for fridge/freezer, electric oven with extractor hood over, double glazed window to rear and vinyl flooring.
First Floor Bedroom 1 4.02m (13'2") x 3.30m (10'10") max Double glazed window to front and radiator.
Landing Walk-in storage cupboard, airing cupboard and doors to: Bathroom 1.91m (6'3") x 1.86m (6'1") Recently refitted with three piece suite comprising, panelled bath with separate shower over and glass screen, wash hand basin with storage under and low-level WC, part tiled walls, extractor fan, double glazed window to rear, tiled flooring and heated towel rail.
Bedroom 2 3.01m (9'11") x 2.04m (6'8") Double glazed window to rear and radiator. Outisde The property has a single garage & driveway parking with a pathway leading to the front entrance door.
The enclosed, low maintenance, rear garden is mainly laid to stone chippings with slabbed patio area and rear gate access. EPC Rating: TBC
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
We're still gathering serviced-accommodation data for this area.
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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 Reed Close, Chatteris, Cambs., PE16 6PD
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