We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CB6 1AN
Sold STCReduced £15k (−4.8%) on 25 OctListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming two bedroom cottage within walk distance of city amenities, benefitting from no upper chain.
ELY Home to a world famous 900 year old Cathedral, the historic city of Ely lies on the River Great Ouse probably no more than 15 miles from the City of Cambridge.
There is a very good range of shopping facilities within the centre itself including a market which takes place on both Thursdays and Saturdays. A comprehensive range of local schooling is available.
The area boasts a number of sporting facilities including an 18 hole golf course, indoor swimming pool, gymnasium and squash club whilst socially there is an excellent variety of pubs and restaurants, including the new Ely Leisure Village featuring a six screen cinema, along with family restaurants and takeaways.
The A10 connects Ely to Cambridge, where the A14 and M11 provide routes to London (70 miles) and the rest of the country.
From Ely's mainline rail station Cambridge can be reached in approximately 17 minutes while London’s Kings Cross and Liverpool Street stations are approximately one hour 15 minutes to the south.
OPEN PLAN LIVING ROOM Window to front aspect. Cast iron Multifuel burner sitting on brick hearth. Two radiators, understair storage, staircase rising to first floor.
KITCHEN Fitted with a range of base and drawer units with work surfaces over. Stainless steel sink with mixer taps, tiled splashbacks. Rangemaster electric oven with 5 rings, and canopy over.
Washing machine and dishwasher. Free standing upright fridge/freezer. Door to: REAR LOBBY Door to garden. Airing cupboard with hot water tank and slatted shelves.
SHOWER ROOM Opaque window to rear aspect. Three piece suite comprising double shower cubicle, wash hand basin and low level WC. FIRST FLOOR LANDING Access to loft and radiator.
BEDROOM ONE Window to front aspect, radiator, exposed wooden floorboards. BEDROOM TWO Window to rear aspect, radiator, exposed wooden floorboards. SEPARATE WC Window to rear aspect.
Low level WC, wash basin with tiled splashback. EXTERIOR To the front of the property is a small garden enclosed brick walling with wrought iron gate and path to front door. Bike store to front.
Rear garden with mature shrubs and spacious patio area. Shed and vegetable garden.
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 West Fen Road, Ely, Cambs
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