2-bedroom flat · CB7 4QS
Listing removedReduced £50 (−4.2%) on 4 SepListed 82 days · slow let
Opportunity summary
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About
GENERAL OVERVIEW A well-presented two-bedroom unfurnished top-floor flat, offering spacious and comfortable living area.
Conveniently located close to Ely's town centre, with a good range of shops, cafes, regular weekly market, restaurants and local amenities nearby.
ENTRANCE HALL Carpeted entrance hall with built in storage cupboard. KITCHEN A practical fitted kitchen with warm toned wall and base units, cooker, extractor fan, fridge/freezer and washing machine.
The kitchen is finished with easy to maintain tiled flooring. BEDROOM A well proportioned single bedroom, carpeted flooring, looks out onto the rear of the property.
BATHROOM A modern white three-piece suite, including a bath with shower over, washbasin and toilet. The room is finished with practical vinyl flooring.
LIVING AREA A bright and welcoming living area featuring a charming fireplace and comfortable carpeted flooring, views overlooking both the front and rear of the property.
BEDROOM A good sized double bedroom, carpeted flooring, three door wardrobe providing useful storage, looks out onto the rear of the property. NOTES Professionals accepted. Non smoking property.
Pets are permitted subject to landlord approval. Any request to keep a pet will be considered reasonably and in accordance with legislation. No sharers. No students.
Government benefits considered on application and subject to a guarantor. UTILITIES Please note that the tenant is responsible for all utility bills and council tax. Electric heating. No gas supply.
Mains electric. Mains water and sewerage. Broadband connections are ADSL and Fibre To The Cabinet - speed strengths may vary across different providers with further detail available at Ofcom.
There is mobile phone signal coverage to this property - signal strengths may vary across different providers with further detail available at Ofcom.
LOCAL AREA INFORMATION Ely is a cathedral city and civil parish in the district of East Cambridgeshire, England, 14 miles (23 km) northeast of Cambridge, 24 miles (39 km) southeast of Peterborough and 80 miles (130 km) from London.
Ely has a train station that is well serviced from Cambridge and London by several direct services.
The train station is located just outside the centre of the city, but it's super easy to walk into the main hub of the action in under 10-15 minutes. Oliver Cromwell, Ely's most famous resident.
Cromwell lived in Ely for much of his life and his former home has recently been renovated with an impressive array of interactive displays and interpretations now bringing his story to life.
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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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 Longchamp Drive, Ely
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