2-bedroom flat · PE16 6RB
Listing removedListed 68 days · slow let
Opportunity summary
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About
Description Ready for occupation in August, this top floor flat is located within the Fenland town of Chatteris and is well suited for individuals working locally but also those who commute further afield to Ely, Peterborough and Cambridge.
Set within the Grade II listed Kent House (dated 1789), this spacious two-bedroom flat offers generous accommodation and is located a short distance from the High Street, everyday amenities, and transport links across the Fenland district.
The property offers a generous size living room, a re-fitted kitchen, two double bedrooms and an additional third room which is perfect for use as a home office or storage room.
The flat is finished with a re-fitted bathroom and was fully redecorated and fitted with new flooring throughout approximately 10 months ago.
Outside there is parking space for one vehicle, a lockable store room/brick built shed and a communal garden space.
The applicant will be required to pay a Holding Deposit of £196.00 (equivalent to one weeks' rent) to secure the property while the application progresses.
On acceptance, the applicant will be required to pay the deposit (equivalent to five weeks' rent) and the balance of the first months rent.
The holding deposit will be credited towards the first months rent due.
Council Tax Band: A (Fenland District Council) Deposit: £951 Holding Deposit: £190 Entrance Hall Radiator, stairs off to second floor Lounge 20' x 18'1 (6.10m x 5.52m) Two double glazed windows to rear, under stairs storage cupboard, 2 radiators, textured ceiling, tv point.
Kitchen 13'11 x 8'1 (4.24m x 2.46m) Fitted with a range of base and eye level units, fitted oven and hob, stainless steel extractor hood, stainless steel sink unit with mixer tap, tiled splash backs, cupboard housing gas combi boiler, radiator, double glazed window to rear.
Second Floor: Landing Bedroom 1 12'4 x 10'5 (3.75m x 3.18m) Window to rear, radiator. Bedroom 2 14'1 x 10'3 (4.31m x 3.12m) Window to rear, fitted storage cupboard, radiator.
Study 7'7 x 6'8 (2.31m x 2.04m) Ideal for use as study/dressing room/store Bathroom Comprises low level wc, vanity unit with inset wash hand basin with mixer tap and cupboard below, panelled bath with mixer tap and shower attachment, extractor fan, radiator, window to front.
Outside: Communal garden area, storage unit. Residents Car Parking Area for one car.
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.
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FAQ
About 3 Kent House, Chatteris
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