2-bedroom house · CB7 4GQ
Listing removedListed 130 days · slow let
Opportunity summary
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About
Two bedroom terraced property situated on a popular residential development. Part Furnished option available.
EPC C(78) COUNCIL TAX BAND B, THE PROPERTY IS FULLY MANAGED, AVAILABLE END JUNE 2026 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.
ENTRANCE HALL Radiator, Storage cupboard housing shoe rack KITCHEN 2.40 m x 1.97 m (7'10" x 6'6") Range of kitchen units and drawers.
Washing Machine, Integral Oven with 4 Ring gas hob with extractor over. Free standing fridge/freezer and washing machine. CLOAKROOM/WC WC, wash basin, heated towel rail and extractor fan.
Cloakroom houses the fuse box. LOUNGE/DINING ROOM 4.61 m x 3.93 m (15'1" x 12'11") Radiators, patio doors leading to the rear, stairs leading to first floor.
BEDROOM ONE 3.93 m x 2.47 m (12'11" x 8'1") Two windows to the front aspect and radiator. LANDING Access to loft. BEDROOM TWO 3.93 m x 2.57 m (12'11" x 8'5") Double, Radiator, to rear aspect.
Storage Cupboard. BATHROOM 2.00 m x 1.90 m (6'7" x 6'3") Shower over the bath, WC and wash basin. Heated towel rail, spot lights and extractor fan. EXTERIOR Pleasant rear garden.
Enclosed paved area, grassed beyond. One allocated parking space. NOTES EPC C(78) COUNCIL TAX BAND B THE PROEPRTY IS FULLY MANAGED AVAILABLE END JUNE
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
Agent & docs
FAQ
About Merivale Way, Ely, Cambridgeshire
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