2-bedroom terraced house · CB6 1AD
Listing removedListed 112 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Ely, this charming semi-detached home blends historic character with modern comfort.
Situated on sought-after Chapel Street, it offers unbeatable access to the vibrant city centre, just moments from shops, cafés and Ely?s iconic cathedral.
The ground floor features a welcoming living room with a fully functioning wood burner and bespoke shelving.
The open-plan layout flows into versatile zones including a study/office area and a bright dining space enhanced by a Velux roof window.
The well-equipped kitchen includes a Bosch double oven, 4-ring gas hob with extractor, freestanding fridge-freezer, dishwasher and a cleverly concealed utility cupboard housing the washing machine.
A spacious bathroom provides a double shower enclosure, bath and hand basin, while a separate WC is conveniently accessed from the kitchen and leads to the shared side alley.
Upstairs, two bedrooms include a generous principal room large enough for a king-size bed, complete with two alcove wardrobes.
Outside, the long, well-maintained garden offers a peaceful retreat ideal for morning coffee or evening relaxation. Side passage with shared access to rear doors and hanging rail for 1 bicycle .
There is a £39 per year for a permit to park on Chapel Street but no other parking.
Ely itself is a thriving cathedral city with excellent day-to-day amenities, sporting facilities, schools including the renowned King?s School, and a mainline station with regular services to Cambridge and London.
EPC D CT B
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
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FAQ
About Chapel Street, Ely
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