2-bedroom bungalow · LE13 1JZ
Sold STCListed 98 days
Opportunity summary
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About
Property Summary Description An exciting opportunity to acquire this two double bedroom detached bungalow in need of updating and which occupies a generous sized corner plot offering potential for a building plot attached (STPP) and is convenient for the town centre.
Entrance Porch Entrance via a glazed sliding door with a frosted side window, tiled floor and a part glazed door with a frosted side window to: Entrance Hall 12'3" 13'4" into airing cupboard A generous sized entrance hall which has a built-in airing cupboard which houses the hot water cylinder and there are doors to: Kitchen Breakfast Room 11'9" x 9'9" A dual aspect room with a window to side, frosted window to rear and a range of eye and base level units with roll top work surfaces and tiled splash backs.
There is a sink drainer unit, an integrated oven, grill and a gas hob with a pull down extractor fan hood, plumbing for a washing machine, space for a fridge freezer, wall mounted 'Ideal' boiler and a door to: Lounge Dining Room 17'9" x 13'9" 14'9" into bay A lovely light and dual aspect room with a window to side, a bay window to front and a real flame gas coal effect fire with a stone hearth and mantel, door to: Bedroom One 12'9" x 12'0" A double bedroom with a window to front.
Bedroom Two 11'9" x 11'9" A double bedroom with a window to side and a range of fitted wardrobes, cupboards and drawers along two walls and a loft hatch providing access to an insulated loft area.
Bathroom 9'2" x 9'2" Frosted window to rear and a three piece suite to comprise: Low flush WC, panelled bath and a pedestal wash hand basin with tiled splash backs.
Rear Porch 9'2" x 3'5" Part glazed door with two frosted windows to rear and there is a walk-in cupboard which houses meters and fuses.
Detached Garage A brick built garage with an up and over garage door, power and light connected and a door and window to side.
Gardens There are gardens to all four sides of the property which are mainly laid to lawn with a variety of well established and well stocked flowers, shrubs, hedging and trees.
There is single gated access to one side, double gated access to front which leads to the garage and there is a wooden shed and the garden is mainly enclosed by a dwarf wall.
Property Services The property benefits from mains electric, gas with EON, water and drainage with Severn Trent. Broadband - Standard and Superfast & Ultrafast -see Ofcom checker for more details.
Broadband not currently connected. Mobile-see Ofcom checker for more details.
Situation This property occupies a delightful plot within this well regarded and well established residential area on the north side of town, convenient for The John Ferneley College, The Country Park and the town centre.
Directions Proceed out of town along Scalford Road for approximately quarter of a mile and then turn left into The Crescent and the property is on the right.
Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
Third Party Referral Arrangements Mike Ford Estate Agents & Valuers Ltd have established professional relationships with third-party suppliers for the provision of services to clients.
As remuneration for this professional relationship, the agent receives referral commission from third- party companies.
Details are available upon request at: Disclaimer Although Mike Ford Estate Agents & Valuers Ltd believe these details to be fair and accurate description of the property their accuracy cannot be guaranteed and they do not form part of any contract.
Prospective buyers should satisfy themselves as to the property's suitability and make their own enquires before making any financial commitment.
Only the fixtures and fittings described in these details are included in the selling price.
Mike Ford Estate Agents & Valuers Ltd has not checked they are fit for purpose and we have not tested any of the services (gas, electricity, water, drains and so on) mentioned.
Value & comps
No previous sales on record.
Returns
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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 Scalford Road, Melton Mowbray
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