2-bedroom bungalow · CB7 4XS
For saleReduced £30k (−13%) on 29 AugListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cheffins are delighted to present this deceptively spacious Grade II Listed bungalow, situated within the highly sought-after Tower Court development in the historic City of Ely.
Originally part of a former hospital site, this unique home forms part of the building once known as the Laundry Rooms, offering character and charm throughout.
The accommodation comprises an entrance hall, a generous lounge/dining room, a well-appointed kitchen with a separate utility/pantry, two double bedrooms and a modern three-piece shower room.
Externally the property benefits from a private gravelled courtyard garden with gated access, along with an allocated parking space.
This property further benefits for being offered for sale with no forward chain. Hallway With door to front, one full height window and four small windows to the front.
Lounge / Diner With two windows to the front and one to the side, radiator.
Kitchen Fitted with range of base and wall units, cupboards and drawers with worksurfaces over, integral single oven, four ring electric hob with extractor hood over, stainless steel sink with mixer tap over, wall mounted boiler and window to the rear.
Small utilty/pantry room with small window to the rear and plumbing for a washing machine. Bedroom 1 Window to the front and rear, doors to side to courtyard garden. Door to..
Ensuite Cloakroom Fitted with a two piece suite comprising of low level WC and pedestal wash hand basin, radiator and extractor fan. Bedroom 2 Window to the rear, radiator and access to the loft.
Shower Room Fitted with a three piece suite comprising low level WC, pedestal wash hand basin and shower cubicle. Window to the rear and heated towel rail.
Outside To the rear is a low maintenance gravelled courtyard garden with two timber sheds, gated access, outside tap and outside power socket. There is an allocated parking space for the property.
Tenure Tenure - Leasehold Length of Lease - 125 years from December 1998 Annual Ground Rent - £200 Annual Service Charge – £600.00 approximately Agents Note We have been made aware by the current owner that the property has previously undergone some structural underpinning.
This was signed off with a certificate of structural adequacy issued back in 2014. A copy of this is held on our file and can be made available upon request.
Viewing Arrangements Strictly by appointment with the Agents.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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.
Area
Agent & docs
FAQ
About 65 Tower Court, Tower Road, Ely
Explore nearby