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See how verdicts work1-bedroom flat · CB7 4PQ
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cheffins offer to the market this first floor apartment for sale with no onward chain, situated in the City center of Ely and for cash buyers only.
The property offers a double bedroom, open planned living with lounge / kitchen combined and a separate bathroom.
The property is adjacent to the Paradise Fitness Centre plus there are a selection of shops, pubs and takeaways close by.
There is a car park walking distance away and less than a mile to Ely train station. Hall Fusebox. Storage cupboard with lagged hot water cylinder. Ceiling light point.
Open Plan Living / Kitchen Dimplex electric storage heater. Double glazed skylight window to the front aspect. TV point.
Kitchen units to one wall at base and wall level with single bowl stainless steel sink. Tiled splash area. Spaces for two appliances. Two ceiling light points. Sloped ceiling with reduced height.
Bedroom Dimplex electric heater. Double glazed skylight window to the front aspect. Ceiling light point. Sloped ceiling with reduced height. Shower Room Pedestal wash basin. Low level WC.
Shower cubicle with electric shower. Extractor. Tiled splash areas. Ceiling light point. Agents Note Local Council is East Cambridgeshire District Council - Council Tax Band is A.
The property is leasehold with 60 years remaining - (99 years from 29/09/1987) Registered title is CB127247 All main services except gas are connected Restrictions apply but there are no Wayleaves, Easements or Rights of Way.
The monthly service charge is circa £39 per month . No onward chain
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
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FAQ
About Flat 8, Rosie Court, Newnham Street, Ely
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