2-bedroom bungalow · LE13 1DL
For saleListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the favoured Burton Road is this individual and large detached bungalow on a generous established plot.
The bungalow is offered to the market with no chain, offers scope for further enhancement and the accommodation comprises entrance hall, dining room with archway to the large rear lounge, fitted kitchen with utility and WC, two double bedrooms with fitted wardrobes and bathroom.
Outside there is a generous plot totalling 0.25 acres with a large driveway and tandem garage. Offered to market with no chain, early viewing is recommended.
Location Melton Mowbray is a thriving market town offering excellent local shopping and schooling facilities with the added benefit of being within easy commuting distance of the centres of Leicester, Nottingham, Loughborough, Grantham, Oakham and Stamford.
Superb private schooling is available at nearby Oakham in addition to Ratcliffe College and Leicester Grammar School.
The town is situated on the Leicester/Peterborough/Stansted railway with an excellent intercity service to London available from both Grantham and Leicester (approximately 1 hour).
Entrance Hall With access via a solid door into an entrance hall with access to the loft space and built-in cloak cupboard.
Doors to: Dining Room Having a bay window to the front overlooking the large front garden and arch through to the lounge.
Lounge A substantial lounge with sliding patio doors connecting to the garden and central feature fireplace with freestanding fireplace.
Kitchen Comprising a range of oak units with laminate worktops and sink. Integrated is an eye-level double oven, four ring gas hob with extractor fan and an integrated fridge.
There is tiling to the walls and floor and a wide glazed window overlooks the garden.
Door to: Utility Room Fitted with base units, worktops, space for washing machine and side door leading outside. There is a window to the rear and gas wall mounted boiler.
WC Fitted with a WC with tiled floor and window to the side. Bedroom One A double bedroom with pleasant views across the front garden and a good range of fitted wardrobes.
Bedroom Two A second double bedroom with window to the side and benefitting from fitted wardrobes.
Bathroom A sizeable bathroom comprising a panelled bath with shower over, wash hand basin and WC set within a vanity unit, a built-in cupboard housing the hot water tank and window to the side.
Outside to the Front The property has a substantial frontage with a long tarmacadam driveway which leads to a garage.
The front garden is lawned with well stocked flowerbeds, vast parking and wide side access to the rear garden where there is external lighting and tap.
Garage There is a substantial tandem garage with up and over door, connected with power and lighting and having a window and personal door to the rear garden.
The garage houses the electricity and gas meter.
Outside to the Rear The property has a fabulous rear garden which is substantial in size and benefits from a high degree of privacy with conifers to the boundaries.
There is a large patio terrace spanning the width of the property ideal for outdoor seating and steps lead down to the lower garden.
The garden is mainly lawned with flowerbeds throughout and within the garden there is a timber shed and a summerhouse.
Services and Miscellaneous It is our understanding that the property is connected to mains gas, electricity, water and drainage.
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Burton Road, Melton Mowbray, Leicestershire
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