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Verified: Professional photographs taken 8th October 2026
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Crossways

Ely, Cambridgeshire

£200,000

  • Two bedroom terrace
  • Yield of 6.3%
  • Current sitting tenant
  • Strong rental growth potential
  • Popular residential location
  • EPC: D

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Ely, Cambridgeshire

Terrace | £200,000 | 962 Year Lease
Investment Summary
Pure Investor is delighted to present this deceptively spacious two-bedroom mid-terrace property, occupying a central village position overlooking a green to the front.
Offered for sale with tenants in situ and no upward chain, the property presents an attractive opportunity for investors seeking an established rental investment. The current tenant has been reliable and would like to continue their tenancy, providing scope for continuity of rental income following completion.
The property currently generates £1,050 per calendar month (£12,600 per annum). Based on the asking price of £200,000, this equates to a gross rental yield of 6.3%.
Further benefits include two double bedrooms, a dual-aspect lounge / dining room, a courtyard-style rear garden and allocated parking. An exceptionally long remaining lease of approximately 962 years, peppercorn ground rent and a stated annual service charge of just £75 add to the investment’s appeal.
Property Features
Accommodation
The property offers deceptively spacious accommodation, with key features including:
The outlook over the green and central village setting enhance the property’s appeal as a home for the continuing tenant.
Investment Information
Detail
Information
Asking Price
£200,000
Current Rent
£1,050 PCM
Annual Rental Income
£12,600
Gross Yield
6.3%
Tenure
Leasehold
Lease Remaining
Approx. 962 years
Ground Rent
Peppercorn
Annual Service Charge
£75
Occupancy
Tenants in situ
Tenant Position
Reliable current tenant wishes to continue
Freehold Interest
Understood to include a 1/10th share, subject to legal confirmation
Sale Position
No upward chain
Leasehold & Management Information
The property is leasehold, with approximately 962 years remaining and peppercorn ground rent.
We understand that the vendor owns a one-tenth share of the freehold. The transfer of this interest to the purchaser should be confirmed during the conveyancing process.
The stated £75 annual service charge covers grounds upkeep, gardening services, window cleaning, building insurance and general maintenance. Management is run by Haddenham Green Management Company Limited.
Location
Situated in a central village location, 2 Crossways overlooks a green to the front, providing an appealing setting for this two-bedroom home.
The combination of a village position, private rear courtyard and allocated parking offers practical benefits for tenants, while the current occupier’s wish to remain supports the property’s appeal as an established rental investment.
Why We Like This Property
The combination of a 6.3% gross yield, a reliable tenant wishing to continue and £12,600 in current annual rental income makes this an appealing opportunity for investors seeking an income-producing addition to their portfolio.
Retaining the existing tenant could help avoid an initial void period and the costs of securing a new occupier. The exceptionally long lease, peppercorn ground rent and low stated annual service charge further strengthen the proposition, while the absence of an upward chain simplifies the sale arrangements.

Return on Capital Employed (ROCE) Calculator

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Property Price

Mortgaged

Cash Purchase

Deposit

£0.00

25%

£200,000.00

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£3,000.00

£3,000.00

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£12,600.00

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