2-bedroom flat · CB2 9BG
For saleReduced £7.5k (−7.1%) on 21 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 30% share of this fabulous two bedroom second floor apartment is available for sale. Ideally located for access to Addenbrooke's this would make a fabulous first home.
A 30% share of this fabulous two bedroom apartment is available for sale. Ellis Road is conveniently located for access to Addenbrookes, the M11 and Cambridge City centre.
Arranged over the second floor (with elevator access), the apartment comprises entrance hall with ample storage; single bedroom currently used as an office; double bedroom with built in wardrobes; spacious three piece bathroom suite with shower over bath; dual aspect reception room with open-plan kitchen and an enclosed 'winter garden' style balcony.
Additional benefits include one allocated parking space, a secure bicycle store, double glazed windows throughout, gas fired central heating and secure entry phone system.
Service charge = £1,236 per annum (approx.) Lease remaining = 90 years approx.
Rent on remaining share: £651.41 per calendar month Money Laundering Regulations : In order to comply with Money Laundering Regulations, purchasers will be asked to provide photographic id and proof of address documentation, as well as giving details of the intended source of funds.
This information is required before we progress with any offer which has been agreed in principle, subject to contract.
We appreciate your cooperation in order to avoid delays in proceeding with the sale.
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 49, Ellis Road, Cambridge
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