Potters Lane, Ely, Cambridgeshire
East of England
£250,000
Listed on 28/10/2026
Listed on 28/10/2026
The listing
Property details
Bedrooms
2Type
Semi Detached BungalowArea
870 sqftFeatures
- Garage
- Garden
- Parking
Description
This two-bedroom semi-detached bungalow is offered with no onward chain and is described as requiring modernisation. The accommodation includes a front-facing lounge, a second bedroom, a bathroom with a bath and shower over, and a fitted kitchen with space for a freestanding cooker. A utility room houses the gas boiler, and a lean-to provides access to the rear garden. The first-floor landing leads to the main bedroom.
Outside, the property has a driveway and garage for off-road parking, together with a rear garden. It is centrally situated in Ely, within walking distance of the railway station and city amenities. Ely offers local shops, schools, leisure facilities and places to eat, with rail connections to Cambridge and London and road links via the A10.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
58out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £250,000, this bungalow is priced below the local average per square foot, making the asking price a genuine acquisition opportunity. The central Ely location, walking distance to the station and city amenities, plus no onward chain, add to its appeal. The overall score is still weak: the price advantage is largely offset by the project economics, with the asking price and indicative works midpoint already close to the current local average value before fees or other purchase costs.
There is a clear medium-scale improvement project here, with dated finishes across the visible living spaces and scope to update the kitchen and bathroom. The overgrown garden needs clearing before its condition can be assessed; the driveway and garage are useful practical features, and no obvious major structural failure is visible in the submitted photographs.
Key opportunities
- Update the dated kitchen and bathroom to give the property a more cohesive, modern feel.
- Refresh the visible living and bedroom finishes, including flooring and decoration; the upper room’s sloping ceilings give it a distinctive character.
- Clear the overgrown rear garden to reveal its layout and make better use of the outdoor space.
Key risks
- The rear garden is heavily overgrown, so its condition and the work needed to restore it are difficult to judge from the photographs.
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Transport
Nearest stations
Ely Rail Station
0.2 miles
Train · Ely
Soham
4.9 miles
Train · Soham
Littleport Rail Station
5.3 miles
Train · Littleport
Shippea Hill Rail Station
6.8 miles
Train · Shippea Hill
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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