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 work3-bedroom house · CB6 2BN
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom mid terrace home with modern kitchen and bathroom, garage and off road parking to the rear and overlooking Laurel green to the front.
MEPAL is a small, attractive, village which is situated about 8 miles from Ely, 17 miles from Cambridge and 4 miles from Chatteris. There is a primary school and shop/post office in the village.
ENTRANCE HALL With door leading to: LOUNGE/DINING ROOM 7.16 m x 4.16 m (23'6" x 13'8") with double glazed window to front aspect.
Spiral staircase rising to first floor, laminate flooring and two radiators.
KITCHEN 3.37 m x 1.84 m (11'1" x 6'0") Fitted with a range of matching wall and base units with worktop space over, tiled splash backs and composite sink.
Integrated dishwasher, space for a fridge/freezer, build-in electric oven and hob with extractor hood over. Double glazed window to rear aspect. Laminate flooring.
CONSERVATORY/UTILTY 4.11 m x 1.61 m (13'6" x 5'3") with window to rear and door leading to the garden. Plumbing for washing machine and space for tumble dryer. Tiled flooring.
FIRST FLOOR LANDING Door leading to: PRINCIPAL BEDROOM 4.17 m x 2.32 m (13'8" x 7'7") with double glazed window to front aspect and radiator.
BEDROOM TWO 2.72 m x 1.93 m (8'11" x 6'4") with double glazed window to rear aspect. Radiator. BEDROOM THREE 2.75 m x 2.16 m (9'0" x 7'1") with double glazed window to rear. Radiator.
BATHROOM Fitted with a three-piece suite comprising a 'p' shaped bath with shower head over, wash hand basin and WC. Heated towel rail and tiled flooring.
GARAGE with an up and over door and power and light connected. EXTERIOR The property boasts an enclosed rear garden comprising patio, planted shrubs and trees with direct access to the garage.
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 Laurel Close, Mepal, Ely, Cambridgeshire
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