3-bedroom detached house · LE13 1JN
For saleReduced £20k (−7.7%) on 20 MayListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb project property in a much sought after part of Melton Mowbray.
This spacious property has been a lovely family home for many years and is ready for a new owner to modernise and even extend (subject to planning permission).
There is a large car port and driveway, garage and gardens, with the house having GCH with a complete new system being fitted circa 14 yrs ago, majority double glazing and three bedrooms, bathroom, hall, lounge, dining room and kitchen.
No Upward Chain. Entrance Porch - With front door and door to - Entrance Hall - A spacious hallway with access to the understairs cupboard and staircase rising to the first floor.
Lounge - With a feature fireplace, window to the front and access to the dining room.
Dining Room - With a large window to the rear overlooking the garden, space for dining table and chairs and a serving hatch to the kitchen.
Kitchen - With a large pantry, a range of units, sink, door to the side car port and a window to the rear. First Floor Landing - With window to the side and access to all rooms.
Bedroom 1 - A large bedroom with window to the front.
Bedroom 2 - A double bedroom with window to the rear and a cupboard housing the Gas Central Heating Boiler, we are informed by the vendor that the entire GCH system was installed approx 14 years ago.
Bedroom 3 - With window to the front. Bathroom - Fitted with a three piece suite comprising low level flush w/c, wash hand basin and bath. There is a window to the rear.
Outside - The property sits on a good plot, with hardstanding to the front and side beneath car port, this in turn leads to the garage which has power and lighting and a storage room to the rear.
The rear garden is mainly laid to lawn. The Area - The historic Town Of Melton Mowbray is well serviced with local schools, shops and amenities.
The train station provides a direct link to London Kings Cross, whilst the heritage of the town spans everything from Pork Pies to many Royal connections.
The property is set in a popular location with easy access to local shop and amenities as well as the town centre which has an array of independent and national chain stores.
Extra Information - •Identification and Proof of Funding Required – All Vendors and Purchasers must provide proof of identity in line with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
We will provide an online link or ask for physical evidence. We must see evidence of funding, either before a viewing, or at the point of an offer being made or accepted.
•Accuracy of Details – All descriptions, measurements, and floor plans are for guidance only and should not be relied upon as statements of fact.
•Services & Appliances – These have not been tested; buyers should commission their own surveys or reports.
•Legal Verification – All information is provided in good faith, from online sources and our Vendors and must be confirmed by the buyer’s solicitor before agreeing to purchase.
•DMCC Act 2024 – We are committed to providing all material information to assist buyers in making informed decisions.
•Offers & Contracts – These particulars do not form part of any contract or offer. Fixtures and Fittings are by separate negotiation.
Please ask a member of the team if you want to check if an item is to be included in the sale.
•Flood Risk and Mobile Phone Signal - To check the Internet and Mobile coverage you can use the following link: gb/broadband-coverage •To check any Flood Risks you can use the following link: https://check-long-term-flood risk.service.gov.uk/postcode •Can you recommend a Solicitor?
– Yes, We can recommend a number of local solicitors who we believe look after our clients, Speak to a member of our team and we can put you in touch with a solicitor for a ‘no obligation’ quote.
•Can you recommend a Mortgage Advisor – Yes, We work closely with Ben York, of Chamelo Mortgages, who looks after our clients! Ask a member of the team to arrange an appointment or call for you.
•Can you help me to sell my property? – Yes, Richard can provide an up to date valuation and market appraisal of your property, ask a member of the team and we will book an appointment for you.
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
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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
Agent & docs

FAQ
About Balmoral Road, Melton Mowbray
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