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See how verdicts work3-bedroom bungalow · LE13 1TR
For saleReduced £10k (−3.4%) on 6 AugListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-proportioned three-bedroom detached bungalow occupying a generous plot on a quiet residential crescent, offering a driveway, single garage and an established rear garden.
The property has been well maintained having been recently redecorated with newly fitted carpets throughout.
Description Situated within a popular and well-established residential area of Melton Mowbray, this detached bungalow presents a rare opportunity to acquire a single-storey home with spacious accommodation, off-road parking and a generous rear garden.
Having been recently redecorated with newly fitted carpets throughout.
The accommodation is arranged around a central entrance hall and includes a bright and comfortable living room overlooking the front aspect, featuring a traditional fireplace and ample space for seating.
The kitchen is fitted with a range of light-coloured units, work surfaces and space for appliances, with room for a dining table, making it ideal for everyday living.
A door provides convenient access to the rear garden.
There are three bedrooms, all of which are well proportioned and benefit from natural light, offering flexibility for use as guest rooms, home office space or hobby rooms as required.
The bathroom is fitted with a three-piece suite including a panelled bath with shower over, pedestal wash basin and WC.
Externally, the property sits on a pleasant plot with a lawned rear garden that enjoys a good degree of privacy, bordered by established shrubs and hedging.
There is a paved patio area ideal for outdoor seating, along with a timber garden shed. To the front, the property is attractively set back with landscaped planting and a sloping approach.
A driveway provides off-road parking and leads to a single garage. Entrance Hall A welcoming central hallway providing access to all principal rooms.
The space is carpeted and well proportioned, offering room for freestanding furniture. An access hatch leads to the loft, and doors open to the living room, kitchen, bathroom and all three bedrooms.
Living Room A spacious and light-filled reception room positioned to the front of the property, featuring a large picture window overlooking the garden.
The room benefits from neutral décor, a fitted carpet and a focal fireplace with decorative surround and hearth. Ample space is available for a full suite of living room furniture.
Kitchen/Diner Fitted with a range of cream-coloured wall and base units with complementary work surfaces and tiled splashbacks.
The kitchen includes space for a freestanding cooker, washing machine and fridge/freezer, with an integrated stainless steel sink beneath a window overlooking the rear garden.
There is space for a dining table and chairs, and a door provides direct access to the garden.
Bedroom One A generous double bedroom situated to the rear of the property, enjoying views over the garden.
The room features a large window, fitted carpet and space for bedside furniture and wardrobes.
Bedroom Two Another well-proportioned room positioned to the front of the bungalow, currently presented with carpeted flooring and neutral décor.
Suitable for use as a double bedroom, guest room or hobby space.
Bedroom Three A versatile third bedroom with rear garden views, offering comfortable accommodation for a single bed with furniture or potential use as a home office or study.
Carpeted and neutrally decorated. Bathroom Fitted with a three-piece suite comprising a panelled bath with electric shower attachment, pedestal wash hand basin and low-level WC.
The walls are finished with light ceramic tiling, and a frosted window provides natural light and ventilation.
Garage A detached single garage accessed via an up-and-over door, offering secure parking or additional storage. Accessed via the driveway to the side of the property.
Outside To the front, the property is set back from the road with mature planted borders and steps leading to the entrance.
The rear garden is an excellent size, predominantly laid to lawn with established shrubs, hedging and a paved patio area ideal for outdoor seating. A timber garden shed provides further storage. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 37, Owen Crescent, Melton Mowbray
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