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See how verdicts work4-bedroom detached house · PE16 6NN
Opportunity summary
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About
FANTASTIC DEVELOPMENT OPPORTUNITY. A substantial detached property in the Fenland Market Town of Chatteris, offering excellent potential and easy access to the historic city of Ely.
This spacious home provides versatile accommodation with multiple reception rooms, four bedrooms, a large garden, and a double garage.
In need of modernisation, it presents a superb opportunity for developers or families seeking to create a bespoke residence, with scope for an annex or HMO (subject to planning).
Offered for sale with no forward chain with a GUIDE PRICE of £300,000-£325,000.
Situated in the Fenland Market Town of Chatteris, offering convenient access to the historic city of Ely, this substantial detached property presents an exciting opportunity for both developers and discerning buyers seeking a spacious family home with exceptional potential.
The property opens into an inviting entrance hall leading to a formal dining room and a generous lounge with adjoining office space, perfect for home working or study.
The kitchen connects seamlessly to a breakfast area and utility room, with access through to a series of further reception spaces that could easily be adapted for a variety of uses, including the creation of a self-contained annex, subject to obtaining the necessary permissions.
The ground floor also includes additional storage rooms and a bathroom, enhancing the layout’s versatility.
Upstairs, the first floor comprises four well-proportioned bedrooms, including a large master bedroom and a family bathroom, providing ample accommodation for a growing family.
Externally, the property benefits from a double garage and an expansive rear garden, offering both privacy and plenty of scope for landscaping or extension.
Although the house requires a scheme of modernisation and improvements, it offers tremendous scope to add value and could equally lend itself to conversion into a large family residence, multi-generational living space, or potential HMO use (subject to planning).
Offered for sale with the added advantage of no forward chain, this property represents a rare and exciting opportunity in a sought-after Cambridgeshire location.
Entrance Hall - 4.65 x 1.19 (15'3" x 3'10") - Office - 4.44 x 2.96 (14'6" x 9'8") - Dining Room - 4.49 x 4.18 (14'8" x 13'8") - Lounge Diner - 4.83 x 8.21 (15'10" x 26'11") - Kitchen - 4.65 x 4.34 (15'3" x 14'2") - Hallway - 1.95 x 2.87 (6'4" x 9'4") - Shower Room - 1.93 x 1.33 (6'3" x 4'4") - Storage Room Two - 2.97 x 2.54 (9'8" x 8'3") - Reception Room - 3.83 x 4.52 (12'6" x 14'9") - Storage Room One - 2.98 x 1.91 (9'9" x 6'3") - Bathroom - 2.14 x 1.82 (7'0" x 5'11") - Utility Room - 2.16 x 2.58 (7'1" x 8'5") - Landing - 1.82 x 2.91 (5'11" x 9'6") - Master Bedroom - 4.47 x 4.30 (14'7" x 14'1") - Bedroom Two - 4.51 x 4.28 (14'9" x 14'0") - Bathroom - 2.26 x 2.51 (7'4" x 8'2") - Bedroom Three - 3.54 x 3.47 (11'7" x 11'4") - Bedroom Four - 2.45 x 4.49 (8'0" x 14'8") - Garage - 4.75 x 6.52 (15'7" x 21'4") - Epc - E - 48/73 Tenure - Freehold - Important Legal Information - Construction: Standard Accessibility / Adaptations: None Building safety: No Known planning considerations: None Flooded in the last 5 years: No Sources of flooding: n/a Flood defences: No Coastal erosion: No On a coalfield: No Impacted by the effect of other mining activity: No Conservation area: No Lease restrictions: No Listed building: No Permitted development: No Holiday home rental: No Restrictive covenant: No Business from property NOT allowed: No Property subletting: No Tree preservation order: No Other: No Right of way public: No Right of way private: No Registered easements: No Shared driveway: No Third party loft access: No Third party drain access: No Other: No Parking: Double Garage, Driveway Private Solar Panels: No Water: Mains Electricity: Mains Supply Sewerage: Mains Heating: Gas Mains Internet connection: TBC Internet Speed: up to 10000Mbps Mobile Coverage: EE - Great, Three - Excellent Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes.
Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.
All information is provided without warranty. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Disclaimer - The vendor is connected to City & County Estate Agents. Draft Details Awaiting Vendor Approval -
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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