2-bedroom house · CB7 4LH
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern end of terrace house offering two double bedrooms situated in a modern development and for sale with the added benefit of no upward chain. Ideal first time purchase.
ELY Home to a world famous 900 year old Cathedral, the historic city of Ely lies on the River Great Ouse probably no more than 15 miles from the City of Cambridge.
There is a very good range of shopping facilities within the centre itself including a market which takes place on both Thursdays and Saturdays. A comprehensive range of local schooling is available.
The area boasts a number of sporting facilities including an 18 hole golf course, indoor swimming pool, gymnasium and squash club whilst socially there is an excellent variety of pubs and restaurants, including the new Ely Leisure Village featuring a six screen cinema, along with family restaurants and takeaways.
The A10 connects Ely to Cambridge, where the A14 and M11 provide routes to London (70 miles) and the rest of the country.
From Ely's mainline rail station Cambridge can be reached in approximately 17 minutes while London’s Kings Cross and Liverpool Street stations are approximately one hour 15 minutes to the south.
ENTRANCE HALL With door to front aspect. Radiator. CLOAKROOM Fitted with a two piece suite comprising low level WC & pedestal wash hand basin. Tiled splashbacks and radiator.
LIVING ROOM 5.31 m x 3.68 m (17'5" x 12'1") With double glazed windows to side and front aspects. Radiator and staircase rising to first floor.
KITCHEN 3.68 m x 2.06 m (12'1" x 6'9") With double glazed window to side aspect.
Fitted with a range of matching wall and base units with work surfaces over, inset single drainer stainless steel sink unit with mixer tap.
Four ring gas hob with extractor over, electric oven, plumbing for washing machine. FIRST FLOOR LANDING BEDROOM ONE 3.71 m x 3.25 m (12'2" x 10'8") With double glazed window to side aspect. Radiator.
BEDROOM TWO 3.71 m x 3.10 m (12'2" x 10'2") With double glazed window to side aspect. Radiator.
BATHROOM Fitted with a white suite comprising panel bath with shower over, wash hand basin and low level WC. Radiator. EXTERIOR Allocated parking space with additional visitor parking space.
AGENTS NOTE All photographs were taken before tenants took occupation.
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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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
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FAQ
About Turner Drive, Ely, Cambridgeshire
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