2-bedroom flat · CB7 4QG
Listing removedListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cheffins offer to the market this well presented second floor apartment situated in a central location within the Popular City of Ely.
The property offers an entrance hall, 2 bedrooms a shower room and kitchen and lounge areas forming the main reception.
The property offers light and flexible space and is conveniently located for amenities, local shops, eateries, Waterside area and Ely's Mainline Railway Station, To fully appreciate the property and its central location please contact us today to arrange an appointment.
Communal Hallway With stairs leading up to the apartment. Apartment Entrance Hall With door to front, skylights to the side, storage cupboard.
Open Plan Kitchen / Living Room Fitted with a range of base and wall units, cupboards and drawers with work surfaces over, integral single oven, 4-ring electric hob with extractor hood over, stainless steel sink with mixer tap, window to side, 2 windows to front, radiator, built-in storage cupboard.
Bedroom 1 With window to side, built-in wardrobe, radiator Bedroom 2 / Study (Currently used as an office). With skylight to side, radiator.
Shower Room Fitted with a 3-piece suite comprising low level WC, wash hand basin, walk-in shower, radiator Tenure We understand that the freehold is owned by a resident management company, managed across the 16 apartments, and each apartment owns a share of the freehold.
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
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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 Flat 3, The Hoist, The Vineyards, Ely
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