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See how verdicts work3-bedroom semi-detached house · LE13 1PL
Sold STCListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unmodernised three bedroom semi detached residence lying on the popular development in cul-de-sac position. The accommodation comprises hallway, cloakroom, lounge diner and kitchen.
The first floor landing leads to three bedrooms and bathroom. Outside a double tandem driveway leads to the single garage and gated access leads to the rear garden with patio and screen fencing.
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).
Cloakroom Fitted with a low flush WC, wash hand basin and obscure window to the front.
Hallway With access to: Lounge Diner With stairs rising to the first floor, window to the front elevation, feature fireplace, understairs storage cupboard and patio door to the rear garden.
Kitchen With U-shape preparation work surfaces, one and a half bowl stainless steel sink unit and drainer, Neff electric hob with extractor over and oven under, a series of base cupboards, drawers and wall cupboards, plumbing and appliance space for washing machine.
There is a window to the rear elevation, Worcester gas fired boiler and tiled splashbacks. Landing With access to: Bedroom One A double bedroom with window to the rear elevation.
Bedroom Two A second double bedroom with window to the front elevation and access to the loft space with fold down ladder. Bedroom Three With window to the front elevation.
Bathroom Fitted with a white suite comprising panelled bath with electric shower over, pedestal wash hand basin and low flush WC. There is an obscure window to the rear and tiling to the walls.
Outside Outside offers a tandem driveway providing off-street parking and in turn leads to a single garage.
There is pedestrian gated access to the rear garden, in need of cultivation with patio, screen fencing and lighting.
Services and Miscellaneous It is our understanding that the property is connected to mains gas, water, electricity 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
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 Delamare Road, Melton Mowbray, Leicestershire
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