2-bedroom terraced house · CB7 4GQ
Listing removedListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**AVAILABLE TO VIEW** Modern two bedroom home located on the outskirts of Ely.
2 double bedrooms, family bathroom, downstairs cloakroom, sitting/dining room, modern fitted kitchen, garden, GARAGE and parking **AVAILABLE TO VIEW** Modern two bedroom home located on the outskirts of Ely.
2 double bedrooms, family bathroom, downstairs cloakroom, sitting/dining room, modern fitted kitchen, garden, GARAGE and parking Entrance Hall - Cloakroom - With WC, hand basin and extractor fan.
Kitchen - 2.49m x 2.01m - With wall and base units under work surfaces. Fan assisted oven with 4 ring gas hob and extractor above.
Space for fridge/freezer and washing machine, stainless steel sink with mixer tap and cupboard housing boiler.
Sitting/ Dining Room - 4.5m x 3.96m - Open plan sitting/ dining room with stairs rising to first floor landing.
Under stairs storage space, wood effect flooring and French doors leading to rear garden. First Floor - Bedroom 1 - 2.44m x 3.96m - With two windows to front aspect.
Bedroom 2 - 2.64m x 3.94m - A double bedroom with built in storage and window to rear aspect. Bathroom - 3 piece white suite comprising WC, pedestal wash basin and panel bath with shower over.
Shaver point, part tiled walls, ceramic tiled flooring and extractor unit. Outside - Enclosed rear garden with decking area and established shrubs, lawn and path leading to rear gate.
Garage located to the rear with driveway, exterior light and outside tap.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Merivale Way, Ely
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