3-bedroom terraced house · CB6 3FQ
For saleReduced £20k (−5.8%) on 13 OctListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No Forward Chain** Cheffins are delighted to offer to the market this well-presented end of terrace family home, situated in a sought-after location within Ely.
The property offers well-proportioned accommodation comprising an entrance hallway, downstairs cloakroom, fitted kitchen, breakfast room and sitting room.
Upstairs, there are three bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a family bathroom.
Outside, the property enjoys an enclosed rear garden, along with driveway and garage parking. The property is offered for sale with the benefit of no upward chain. Viewing is highly recommended.
Ely is an historic Cathedral City which provides an excellent range of shopping facilities, schools catering for all ages and various sporting and social activities including the recently opened Ely Leisure Village incorporating multi-screen cinema and restaurants.
The main A10 road at Ely provides access to Cambridge which in turn links with the A14 and M11 motorway to London.
Ely also has a mainline station which provides an electrified rail service to Cambridge and London.
Entrance Hallway With entrance door to front, stairs rising to the first floor, wall mounted fuse box and radiator.
Cloakroom Fitted with a two piece suite comprising low level WC and wash hand basin with tile splash back, extractor fan.
Kitchen / Diner Fitted with a range of base and wall units, cupboards and drawers with work surfaces over, integrated 1 1⁄4 stainless steel sink with mixer tap, integrated full range gas hob with Bosch oven under, overhead extractor fan, tiled splash surrounding, plumbing for washing machine, radiator, window to front and side.
Living Room With window to front and side, two radiators and French doors through to the garden. First Floor Landing With loft hatch, radiator and cupboard housing the boiler.
Bedroom 1 With window to side, radiator, built-in wardrobes and door through to..
Ensuite Fitted with a three piece suite comprising shower cubicle with tiled splash back, low level WC, wash hand basin with mixer tap over Bedroom 2 With window to side and radiator.
Bedroom 3 With window to front and radiator. Outside To the front of the property is a lawned garden with a variety of hedging with path leading up to the entrance door.
The rear garden is fully enclosed with wooden fence panels and brick wall, laid lawn, paved patio, partial hedged border and gated access leading to the driveway.
To the side of the property is a driveway parking leading through to the single car garage with up and over door. Viewing Arrangements Strictly by appointment with the Agents.
Value & comps
No previous sales on record.
Returns
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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 2, Morley Drive, Ely
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