About This Property

Discover what makes this home special

The Newsam V2 2b is a modern one-bedroom apartment ideally situated in a well-planned residential community near Ely, Cambridgeshire. Priced competitively at £247,995, this apartment offers an excellent opportunity for first-time buyers or investors looking for a property with strong rental potential. The location benefits from a peaceful village atmosphere while maintaining convenient access to larger urban centers such as Cambridge and London via nearby transport links. The apartment’s layout maximizes natural light with a south-east facing aspect, ensuring comfortable living spaces throughout the day.

This property is part of a thoughtfully designed development featuring a mix of apartments and homes surrounded by green spaces, allotments, and community facilities. Residents can enjoy proximity to local amenities including schools, shops, parks, and leisure options, making it a well-rounded choice for those seeking a balanced lifestyle. The nearby Ely railway station provides direct connections to Cambridge and London, enhancing its appeal for commuters and professionals alike.

Property Features

This one-bedroom apartment boasts a contemporary design with an open-plan living area that maximizes space and natural light. The south-east facing aspect ensures morning and midday sunlight, creating a warm and inviting environment. The property includes one bathroom and benefits from allocated parking spaces, adding convenience for residents. Energy-efficient construction and fittings contribute to lower utility costs and a reduced environmental footprint, making this home both practical and sustainable.

Modern apartmentOne bedroomOne bathroomSouth-east facing aspectClose to green spacesAllocated parking+2

Local Amenities

The apartment is located near the historic city of Ely, known for its stunning cathedral and vibrant community life. Residents have access to excellent educational institutions such as St Mary’s Church of England Primary School and Ely College, both highly regarded in the region. Shopping needs are well catered for by the nearby Tesco Superstore and The Maltings Shopping Centre, which offer a variety of retail and dining options. Outdoor enthusiasts will appreciate the proximity to Jubilee Gardens Park and the Ely Leisure Village, providing ample opportunities for recreation and social activities.

Ely Railway StationEly CathedralEly Leisure VillageSt Mary’s Church of England Primary SchoolEly CollegeTesco Superstore+3
Ely Railway Station Train Station (3.2 miles, 10 mins drive) • 25 mins by train to Cambridge

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£247,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£103/mo
Estimated Ground Rent£8/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£247,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£103/mo
Estimated Ground Rent£8/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good access to Cambridge and London
Strong local rental market
Limited immediate transport options
Growing but modest area development

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£247,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£103/mo
Estimated Ground Rent£8/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.5%
Based on £1,137/mo rent
Area Price Growth
+1.0%
Average annual increase
5-Year Value Forecast
£261,162
+£13,167 projected gain
5-Year Rent Forecast
£1,370/mo
Based on 3.8% annual growth
Price per Sq Ft£517
Annual Rent Income£13,644
10-Year ROI220%
Break-Even Point20 yrs

Property Value Projection

Based on 1.0% annual growth
£261,162
5yr
£275,028
10yr
£289,630
15yr
£305,007
20yr
£321,201
25yr
Current: £247,995

Monthly Rental Income

Based on 3.8% annual growth
£1,370
5yr
£1,651
10yr
£1,989
15yr
£2,397
20yr
£2,889
25yr
Current: £1,137/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Cambridge
25 mins
30 mins
London King's Cross
1h 10m
1h 30m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Good
Evening Low
Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

68
Walk Score
Somewhat Walkable
54
Transit Score
Good Transit
62
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Transport Infrastructure+Positive Impact
Ely Transport Hub Upgrade
3 milesEst. 2025
Mixed-use Development+Positive Impact
Ely Riverside Regeneration Project
2.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£247,995
AvailableNB0000053990
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The Newsam V2 2b

Kennett Garden Village, Chelmsford CB8 7QF
Larks Place at Kennett Garden Village
1
Bedrooms
1
Bathrooms
480
Est. Sq ft
apartment
Type
Available Plot Numbers
94
1 plot(s) available
Ownershipleasehold

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£247,995The Newsam V2 2b

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The Newsam V2 2b
The Newsam V2 2bKennett Garden Village£247,995

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