We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · CB6 1TJ
Listing removedListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An ideal opportunity to purchase a one bedroom end of terrace property situated within an established popular cul-de-sac location close to the City centre. No upward chain.
ELY 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 is 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 is an excellent variety of pubs and restaurants, including the new Ely Leisure Village featuring a six screen cinema, along with family restaurants and takeaways.
The A10 connects Ely to Cambridge, where 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 while London’s Kings Cross and Liverpool Street stations are approximately one hour 15 minutes to the south.
OPEN PLAN KITCHEN/LIVING ROOM KITCHEN AREA 2.64 m x 2.29 m (8'8" x 7'6") Entrance door leading into Kitchen area with double glazed window to front aspect.
Fitted with a range of wall and base units with work surfaces over, tiled splashbacks, four ring electric hob with extractor canopy over, built-in oven, inset stainless steel sink unit with mixer tap and plumbing for washing machine.
Storage cupboard housing wall mounted fuse box and archway leading to:- LIVING ROOM 3.62 m x 3.29 m (11'11" x 10'10") with double glazed window and patio door to rear garden.
Staircase rising to first floor and electric heater. FIRST FLOOR LANDING with double glazed window to front aspect. Electric heater, useful over stair storage cupboard housing water cylinder.
BEDROOM 3.65 m x 3.29 m (12'0" x 10'10") with double glazed window to rear aspect. Electric heater. BATHROOM with double glazed opaque window to front aspect.
Fitted with a three piece modern suite comprising low level WC, wash hand basin & mixer tap, bath with shower attachment and tiled splashbacks. Extractor fan, wall mounted electric heater.
EXTERIOR To the front of the property there is a lawned garden with pathway to the front door. The fully enclosed rear garden is mainly laid to lawn with patio area and side gated access. Timber shed.
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
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FAQ
About Spencer Croft, Ely, Cambridgeshire
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