3-bedroom house · CB6 1HJ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An established detached bungalow situated in a superb plot of approximately 1⁄4 of an acre (sts) and requiring renovation whilst also offering scope for redevelopment (subject to planning consent).
Accommodation comprises entrance hall, three bedrooms, sitting room, dining room/additional bedroom, kitchen, wet room and separate WC. Outside there are outbuildings, a garage and spacious driveway.
The gardens are an attractive feature and comprise lawns, fruit tress and a vegetable plot and there is no upward chain.
Entrance Hall With door to front, airing cupboard with hot water cylinder, two electric storage heaters. Sitting Room With bay window to front, tiled fireplace, electric storage heater.
Bedroom 1 With window to side, fireplace. Bedroom 2 With window to front, wardrobe, electric storage heater. Bedroom 3 With window to rear, electric storage heater.
Dining Room/Lounge With window to side, tiled fireplace. Kitchen With window to rear and door to side.
Storage units with worktops and drawers, sink unit and drainer, plumbing for washing machine, pantry. Wet Room With shower and wash basin, window to rear. WC With low level WC, window to rear.
Side Lobby With doors to front and rear. Store Rooms Two brick built stores with electricity connected.
Garden The bungalow is situated within a superb plot of approximately 1/4 of an acre (subject to survey).
The plot is enclosed by mature hedging and the garden wraps around the bungalow and consists mostly of lawn, an orchard area with fruit trees and a well maintained vegetable garden to the rear.
Value & comps
No previous sales on record.
Returns
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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 59 Ely Road, Ely
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