We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CB6 3FQ
Sold STCListed 461 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared Ownership Two Bedroom Apartment located in Ely. Share Options available from 30% onward.
This property boasts a spacious open living area with modern fitted kitchen, allocated parking and carpets & flooring throughout.
To be able to view and apply for this property - you must have a local connection to the Ely City Council/East Cambridgshire District, this can be through work, residency or immediate family.
ENTRANCE HALL KITCHEN 4.09 m x 3.43 m (13'5" x 11'3") With single sink unit and drainer with mixer taps, fitted with a range of matching units and complementary work surfaces including base units, wall mounted units and drawers, fitted gas hob and electric oven with extractor hood above and plumbing for washing machine.
LOUNGE 4.09 m x 3.43 m (13'5" x 11'3") BEDROOM ONE 3.40 m x 2.82 m (11'2" x 9'3") With 2 fitted double wardrobes, radiator.
BEDROOM TWO 2.21 m x 2.21 m (7'3" x 7'3") BATHROOM With suite comprising low level WC, pedestal hand basin, panelled bath with shower over.
OUTSIDE SPACE Allocated parking AGENTS NOTES Full Market Valuation - £175,000 Share 30 % - £52,500 Monthly Rent - £353.64 Monthly Service Charge - £20.77
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 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.
Area
Agent & docs
FAQ
About Morley Drive, Ely, Cambridgeshire
Explore nearby
