2-bedroom flat · CB7 4PJ
Under offerListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom ground floor apartment overlooking Kings Avenue green with off road parking. 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.
ENTRANCE HALL Entrance door leading to entrance hallway with useful built-in cloak cupboard housing the water cylinder. Wall mounted electric heater.
SITTING ROOM 6.43 m x 2.96 m (21'1" x 9'9") Dual aspect with UPVC window to front aspect, overlooking the Kings Avenue green. UPVC window to the rear, overlooking the parking area.
Wall mounted electric heater. Feature electric fire with surround. KITCHEN 3.24 m x 2.04 m (10'8" x 6'8") Fitted with a range of matching base and wall units with worktop space over.
Stainless steel sink with mixer tap, plumbing for washing machine. Built-in oven with four-ring electric hob and wall-pull extraction canopy over.
Space for fridge freezer, ceramic tiled flooring and UPVc glazed window to rear aspect. BEDROOM ONE 3.20 m x 3.17 m (10'6" x 10'5") With UPVc glazed window overlooking Kings Avenue green.
Wall mounted electric heater. BEDROOM TWO 3.19 m x 2.04 m (10'6" x 6'8") With UPVc glazed window to front aspect. Wall mounted electric heater.
BATHROOM Fitted with a three piece suite comprising low level WC, wash hand basin, bath with separate eclectic shower over. Frosted UPVc window to rear aspect.
Extractor fan, electric radiator and vinyl flooring. AGENTS NOTE Ground rent of approx. Service charge as at
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
Agent & docs
FAQ
About Kings Avenue, Ely, Cambridgeshire
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