2-bedroom terraced house · LE14 3QZ
For saleListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a traditional Victorian setting, this mid-terraced home has been successfully rented for many years and is now available on the market with no chain.
Offering ready to move into accommodation, it would make an ideal first time buyer home, downsize or investment property.
The accommodation comprising entrance into a dining room/sitting room, central lounge and rear fitted kitchen. Upstairs the landing leads to two double bedrooms and a sizeable bathroom.
Outside there is a small enclosed yard with brick outbuilding and access to a large communal garden and parking.
The property has uPVC double glazing throughout with gas central heating and the electrics have just been updated. The property is offered to the market with no chain.
Location Asfordby is a particularly well serviced village offering an excellent range of local shopping, primary school and public house.
The village is particularly well situated with fast access to Melton Mowbray, Loughborough and Leicester.
The A46 just to the North allows access to Newark and Lincoln, the North West Leicester bypass at Leicester providing fast access to the M1.
Dining/Sitting Room With access via a uPVC door from the front elevation into a versatile reception room ideal as a dining room or sitting room with tall ceiling and uPVC window to the front, boarded over fireplace and wood laminate floor, door through to: Lounge A sizeable room with central fireplace with marble hearth.
Door to staircase rising to the first floor landing and a useful understairs cupboard and uPVC window overlooking the rear.
Fitted Kitchen Comprising a range of fitted wall and base units with laminate worktops and stainless steel sink.
Integrated within the kitchen is an electric oven with four ring gas hob and concealed extractor hood with space for a freestanding fridge/freezer and washing machine.
There is tiles to the walls and vinyl tiled floor.
The kitchen houses the Ideal central heating gas boiler and there are two uPVC window and uPVC door to the side which provides direct access to the outside.
First Floor Landing With access to the loft space and doors to: Bedroom One This spacious double bedroom has a particularly high ceiling with uPVC glazed window to the front, built-in cupboard with access through to the loft space and with fitted shelving.
Bedroom Two A second double bedroom with built-in cupboard and uPVC window across the open green beyond.
Bathroom Fitted with a three piece white suite consisting of panelled bath with shower over, wash hand basin and toilet.
There is tiling to the walls and floor with obscure glazed window to the side. Outside to the Front The property is approached via a uPVC door leading directly into the rear of the property.
Outside to the Rear The property has a small enclosed yard with block paved floor and gated access to the rear where there is space for off street parking. There is an outdoor tap and lighting.
A large communal garden and access to a brick built outhouse which is the middle outhouse of the three adjacent to the property.
There is a large pleasant lawned garden which is used by the resident's with picnic benching and seating and clothes lines.
Services & Miscellaneous The property is connected with mains gas, electricity, water and drainage and offered to the market with no chain.
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 South Street, Asfordby Hill, Melton Mowbray
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