East Street, St. Ives, PE27
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East Street, St. Ives, PE27

By Ellis Winters Estate Agents

£ 550,000

Reviews

2 out of 5 stars

Ellis Winters Estate Agents says ..

ATTENTION BUY TO LET INVESTORS. A rare opportunity to acquire a freehold residential property that's been divided into three apartments providing in excess of 5.5% rental yield. The property was comprehensively renovated and converted in 2017 and comprises two ground floor one bedroom apartments ...

Property Oracle says ..

This property is a block of apartments located on East Street in St. Ives, Cambridgeshire. The location is good, with several schools within a reasonable distance, including Eastfield Infant and Nursery School and Westfield Junior School, both rated as “Good” by Ofsted. The property itself appears to be in excellent condition, having undergone recent renovations or refurbishment. The images show a modern, clean interior with updated kitchens and bathrooms. There is no mention of outdoor space or land, suggesting the property may be limited to the building itself. The list price of £550,000 is significantly higher than the average price for the area (£399,821), and the property is considerably smaller than the average size (500 sqft vs 1,135 sqft). Considering the average price per sqft in the area is £352, and this property is listed at a much higher price per sqft, the value may not be as strong as other properties in the area. However, the modern condition and location could justify a higher price point, depending on market demand and the specific features of the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
10
Location
8
Land
1
Bedrooms
4
Bathrooms
3
Sqft (est)
500.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
396,923.00 £
Increased by 2.69 %
from 386,536.00 £
Est sale value
251,500.00 £
Increased by 57.19 %
from 160,000.00 £
Average area rental value
1,320.00 £/mo
Increased by 1.07 %
from 1,306.00 £/mo
Est letting value
500.00 £/mo
Unchanged by 0.00 %
from 500.00 £/mo
Est rental Yield
3.99 %
Decreased by 1.48 %
from 4.05 %
Crime Rate
63.00 %
Unchanged by 0.00 %
from 63.00 %

Agent Activity

  • Ellis Winters Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
St Ives Child And Family ZoneChildren's Centre0.32 KM
Eastfield Infant And Nursery SchoolCommunity SchoolGood0.49 KM
Westfield Junior SchoolCommunity SchoolGood0.50 KM
St Ivo AcademyAcademy ConverterGood1.39 KM
Wheatfields Primary SchoolFoundation SchoolGood1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kings Road £ 000.00 KM
Oriel Court £ 335,00000.00 KM
Bridge Street £ 000.00 KM
Alexandra Court £ 000.00 KM
Market Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
East Street, St. Ives, PE27 £ 550,000BUY5 / 100.00 KM
East Street, St. Ives, Cambridgeshire, PE27 £ 300,000BUYUnknown0.05 KM
Burleigh Terrace, St Ives, Cambs, PE27 £ 400,000BUY8 / 100.06 KM
Cow & Hare Passage, St. Ives, Cambridgeshire, PE27 £ 175,000BUY5 / 100.10 KM
East Street, St. Ives, Cambridgeshire, PE27 £ 280,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
24 East Street £ 445,0000.04 KM
32 East Street £ 360,0000.04 KM
19 East Street £ 260,0000.04 KM
12 Burleigh Terrace £ 202,5000.06 KM
8 Burleigh Terrace £ 352,5000.06 KM