1-bedroom flat · LE13 1DW
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one bedroom ground floor apartment offers a superb opportunity for first-time buyers, investors, or those seeking a convenient town centre location.
The property features a spacious open plan living area and kitchen, providing a bright and versatile space for relaxing, dining, and entertaining.
The double bedroom is generously sized, with ample room for storage and furnishings. The modern bathroom is fitted with a white suite and contemporary finishes.
Additional benefits include allocated parking for residents, as well as visitor parking spaces (ideal for guests), double glazing throughout, and efficient electric heating.
Situated just a five minute walk from the vibrant Melton Mowbray town centre, the apartment enjoys easy access to local shops, cafes, restaurants, and amenities, as well as excellent transport links.
The property is offered on a leasehold basis, presenting a straightforward purchase option.
Council Tax Band A ensures affordable running costs, while an EPC rating of E provides scope for future improvement.
This apartment represents an excellent opportunity to enjoy comfortable, low-maintenance living in a highly convenient location.
Early viewing is recommended to appreciate the space and potential this property offers.
EPC Rating: E LIVING ROOM / KITCHEN 3.56m x 4.94m This open plan living and kitchen area is an ideal space to un-wind within an evening.
The living area has carpet flooring, radiator, TV connectivity and large double glazed window forming within the original frame of the old mill.
The kitchen area has wall and base units with rollover worktop, electric hob, integrated oven, stainless steel extractor hood, stainless steel sink and drainer with mixer tap plus space for a washing machine & fridge/freezer.
BATHROOM 1.85m x 1.88m This comprises of a panel bath with shower over, low level flush WC, wash hand basin, part tiled walls, heated towel rail, laminate flooring and extractor.
BEDROOM 3.06m x 3.64m The double bedroom has carpet flooring, radiator, TV connectivity, airing cupboard and large UPVC double glazed window fitting the original mill frame.
REFERRAL FEES We believe you may benefit from using the services of one of our recommended solicitors or our sister company Oaktree Mortgages Ltd who are independent mortgage brokers.
We recommend sellers and/or potential buyers use these services and should you decide to use their services you should know that we would expect to receive a referral fee of £100 plus vat from the solicitor and nil referral fee from Oaktree Mortgages for recommending you to them.
Please note that the solicitor's referral fee comes out of their normal charges and there is no additional cost to you i.e.
the cost of their services would be the same if you approach them directly or as a result of our recommendation.
You are not under any obligation to use the services of any of the recommended providers FREE VALUATION Thinking of selling?
We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Hancock's to arrange a convenient appointment on Tel: LEASEHOLD Term: 125 Years from January 2008 (107 years remaining) Ground Rent & Service Charge: £898 per annum (includes building insurance) Disclaimer Agent's note.
Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only.
The services, systems and appliances shown in these particulars have not been tested and have no guarantee as to their operability or efficiency.
All measurements are approximate and are for general guidance purpose only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.
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 advisors 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 Algernon Road, Beckmill Apartments Algernon Road, LE13
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