1-bedroom flat · PE16 6NZ
For saleReduced £5k (−5.6%) on 26 SepListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment opportunity: This one-bedroom ground-floor flat comes with a tenant in situ paying £600 pcm.
The well-planned accommodation features a spacious open-plan kitchen/dining/living room, a double bedroom, and a bathroom.
Outside, there is an allocated parking space and a communal garden with a drying area.
A key selling point is that each flat owner has a share of the freehold, providing security and potential for long-term value.
A superb buy-to-let opportunity with immediate income and straightforward management.
Hereward Court, Railway Lane, Chatteris PE16 6NZ An excellent investment opportunity: This one-bedroom ground-floor flat comes with a tenant in situ paying £600 pcm.
The well-planned accommodation features a spacious open-plan kitchen/dining/living room, a double bedroom, and a bathroom.
Outside, there is an allocated parking space and a communal garden with a drying area.
A key selling point is that each flat owner has a share of the freehold, providing security and potential for long-term value.
A superb buy-to-let opportunity with immediate income and straightforward management. Ground floor Kitchen/Dining/Living 9.29m (30'6") x 3.07m (10'1") max.
The kitchen area is fitted with a matching range of wall and base units with freestanding cooker, plumbing for washing machine and space for fridge and freezer.
The living/dining area has window to rear. Bedroom 3.11m (10'2") x 2.87m (9'5") Window to rear. Bathroom Fitted with a panelled bath, low level wc and hand wash basin. Window to side.
Outside There is a communal paved area to the rear of the property for relaxation and drying clothes during the warmer months. There is also one allocated parking space.
Leasehold Fenland District Council tax band A Energy rating D Leasehold information Each owner has a share in the freehold and also has their own leasehold title.
We currently await details of the Lease but believe there to be around 100 years remaining.
There is no ground rent or maintenance charges, the only thing is building insurance that is paid once a year in April and is usually around £800 split between the 6 owners.
Agents note Under Section 21 of the Estate Agency Act 1974 we must disclosed that the vendor of this property is related to a member of staff employed by Ellis Winters.
Buyer id Checks To meet legal requirements, we must verify the identity of all buyers.
Our partner, Simplify, will handle this process and will contact you directly once your offer is accepted, subject to contract, to collect the necessary details and payment.
The cost is £66.67 plus VAT per transaction (£80 inc VAT), payable upon offer acceptance. A memorandum of sale can only be issued once these checks are complete.
Our team will guide you through the process when you make an offer on a property.
Disclaimer All property details, photographs, floorplans, and other marketing materials produced by Ellis Winters are for general guidance only and do not form part of any contract.
While we strive for accuracy, measurements, descriptions, and other information are provided in good faith but should be independently verified.
We recommend that prospective buyers conduct their own due diligence before making any decisions.
Ellis Winters also provides professional Lettings, Property Management, Estate Management and Block Management services.
Whether you are considering renting your property to support your next move, exploring buy-to-let opportunities, seeking a review of your existing portfolio, or looking for expert management support, our experienced team is on hand to assist.
Please contact us using the details above to discuss your requirements.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 2 Hereward Court, Railway Lane, Chatteris
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