2-bedroom terraced house · CB6 1TJ
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom end of terrace house, situated in a popular residential location.
The property is located in a cul-de-sac and benefits from gas central heating , double glazing and two off street parking spaces.
FULLY MANAGED, GAS CENTRAL HEATING, COUNCIL TAX BAND B, EPC C (72) AVAILABLE IMMEDIATELY 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 are 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 are an excellent variety of pubs and restaurants, including the new Ely Leisure Village anchored by a 6 screen Cineworld with family restaurants and take-aways.
There are also the most wonderful countryside walks the Fen has to offer. Ely is unsurprisingly very popular with commuters due to its excellent road and rail links.
The A10 links the two cities from which links to 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 with London beyond (Kings Cross / Liverpool Street) which can be accessed within 1 hour 15 minutes.
ENTRANCE HALL With coats cupboard. Single radiator. KITCHEN 2.70 m x 2.30 m (8'10" x 7'7") With single drainer stainless steel sink unit, four-ring gas hob, Built-in electric oven, extractor fan.
Range of wall and base cupboards. Space for fridge/freezer and washing machine. Double glazed windows. LIVING ROOM 4.70 m x 3.60 m (15'5" x 11'10") Double glazed widow to rear.
Double and single radiator, Stairs leading to first floor.
FIRST FLOOR BEDROOM ONE 3.80 m x 2.60 m (12'6" x 8'6") With double glazed window to rear aspect, hatch to roof space, double built in wardrobe with shelving. Single radiator.
BEDROOM TWO 3.60 m x 1.70 m (11'10" x 5'7") Double glazed window facing front aspect. Single radiator. EXTERIOR Garden to rear with paved area, shed and grassed beyond.
BATHROOM Panelled bath with hand shower and large drench head over. Pedestal wash basin and low level WC. Heated towel rail. Cupboard housing Baxi gas boiler and controls.
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
We're still gathering serviced-accommodation data for this area.
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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 Spencer Croft, Ely, Cambridgeshire
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