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Abbots Way, Ely CB6

East of England

£230,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
782 sqft

Description

This 3-bedroom terraced home presents an excellent opportunity for investors or buyers looking to create a tailored living space in the sought-after City of Ely. While the property requires modernisation, it boasts a functional layout that includes an entrance hall, a cozy lounge with potential for a real fireplace, and an open kitchen/dining area that leads directly into the garden. The upper floor features three spacious bedrooms and a family bathroom. Outside, there is a front garden and a rear garden primarily laid to lawn with convenient gated access, along with a single garage. This property is available for sale with no upward chain, making it a practical choice for those ready to undertake renovations and add personal touches.

Investment Analysis

(CB6 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£294/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£272,038
10% above area average per sq ft
Potential ROI
+2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CB6)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +1.7%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on CB6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Abbots Way, Ely CB6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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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