About This Property

Discover what makes this home special

The Newsam V2 2b is a stylish and modern one-bedroom apartment located in a thriving residential development near Ely, Cambridgeshire. Priced competitively at £247,995, this apartment offers a perfect blend of contemporary living with excellent connectivity to Cambridge and London. The property benefits from a bright, south-east facing aspect, ensuring natural light floods the living spaces throughout the day. Its location within a well-planned community provides access to green spaces, allotments, and a village centre, ideal for a comfortable lifestyle.

This apartment is perfect for first-time buyers, young professionals, or investors seeking a property with strong rental demand due to its proximity to Ely Railway Station and Cambridge city. The surrounding area is set for positive growth with ongoing regeneration projects and transport improvements, enhancing the long-term value of this home.

Property Features

This apartment features a spacious open-plan living and kitchen area designed for modern living, complemented by a well-sized bedroom and contemporary bathroom. The south-east facing aspect ensures excellent natural light, particularly in the mornings. Residents benefit from allocated parking and access to communal green spaces including allotments and a village green, promoting a community feel. Energy-efficient construction adds to the appeal, reducing running costs and environmental impact.

One bedroomOne bathroomModern kitchenOpen-plan living areaSouth-east facing aspectAllocated parking+2

Local Amenities

The property is situated close to Ely’s key amenities, including the historic Ely Cathedral and the vibrant city centre with shops, cafes, and cultural attractions. Ely Railway Station offers frequent services to Cambridge and London, making commuting straightforward. For families, there are several well-regarded schools nearby, including Ely St Mary's Junior School and Ely College. Outdoor enthusiasts will appreciate the nearby Pippin Green allotments and Village Green, providing excellent recreational opportunities within walking distance.

Ely Railway StationEly CathedralEly MuseumTesco SuperstoreThe Maltings Shopping CentreEly Leisure Village+3
Ely Railway Station Train Station (1.3 miles, 5 mins drive) • 20 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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Compare Rates
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
Proximity to Cambridge and London
Limited direct international transport links
Strong local rental demand from university and professionals

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£551
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
20 mins
25 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

70
Walk Score
Very Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use commercial and residential+Positive Impact
Ely City Centre Regeneration
1.5 milesEst. 2027
Bus network expansionModerate Impact
Local Transport Improvements
N/AEst. 2025
* Information based on local planning applications and may be subject to change

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£247,995
AvailableNB0000053989
View Location Analytics

The Newsam V2 2b

Kennett Garden Village, Chelmsford CB8 7QF
Larks Place at Kennett Garden Village
1
Bedrooms
1
Bathrooms
450
Est. Sq ft
apartment
Type
Available Plot Numbers
92
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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