1-bedroom flat · CB7 4AA
Let agreedListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY SUMMARY This ground floor 1 bedroom basement apartment is situated within an ideal location with immediate access to the town centre and a short walk from the train station.
With benefits to include a private patio area and parking for one vehicle. ACCOMMODATION Reception Room. With low maintenance flooring and window to the front. Open plan Lounge and Kitchen.
Well-equipped kitchen offering ample worktop space with fitted units incorporating a washing machine, oven, hob, and fridge freezer. Low maintenance flooring and two windows to the front. Bathroom.
Suite consisting of a panelled bath with shower, wash basin and w.c. Bedroom. Featuring a window to the front and door leading to the patio area. Bedroom/Storage. With fitted carpet.
OUTSIDE AREA Patio area to the front of the property and steps leading up to the parkign area with one parking space available.
THE AREA The historic city of Ely, rising above the Fens and sitting proud with its majestic cathedral being its central focal point, offers a decent selection of shops and services to meet most everyday needs to include markets on various days of the week, four supermarkets, an array of public house, restaurants and takeaways and a mainline station with connections to Cambridge and London.
ADDITIONAL INFORMATION Available: NOW EPC Rating: 65/D Council Tax Band: TBC Internet Connection: Virgin Media reports download speeds up to 1600Mbps and upload speeds of up to 115Mbps.
Mobile Phone Coverage: OFCOM reports 'LIKELY' coverage outside of the property. Construction Type: Standard solid walls.
Type of Heating: Community gas provided for the building and controlled via thermostatic valves. Billed quarterly by the landlord. Parking: 1 allocated parking space.
General Comments: None Services Connected: Mains gas, electric, drainage and water are connected.
Please be aware that the property dimensions are measured internally with a laser measure and to the maximum point of the room.
Due to the nature of the measuring device, there may be a deviation of approximately 5mm.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 41 Forehill, Ely, Cambs, CB7
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