3-bedroom terraced house · LE13 0DJ
Sold STCListed 90 days
Opportunity summary
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About
Property Summary Description An exciting opportunity to acquire this well presented and recently enhanced three bedroom property which occupies an enviable and generous corner plot offering delightful countryside views on the edge of this popular residential area on the south side of town and is offered with no upward chain.
Entrance Hall Entrance via a part glazed front door and there is a staircase which leads up to the first floor landing, fitted meter and fuse cupboard, engineered oak flooring and a glazed door to: Lounge 17'9" narrowing to 13'2" x 12'4" Window to front, engineered oak flooring and a cast iron fireplace with a mantel and hearth, glazed door to: Fitted Kitchen Dining Room 17'9" x 9'8" A dual aspect room which has a window to side and a window and a part glazed stable door to rear.
There is a range of eye and base level units with roll top work surfaces and tiled splash backs, one and a half sink drainer unit, integrated double oven, grill and a five ring gas hob with a stainless steel extractor fan hood, plumbing for a washing machine, space for an 'American' style fridge freezer and a tiled floor.
First Floor Landing Window to side, loft hatch providing access to an insulated loft area and there are doors to: Bedroom One 12'5" x 10'4" 11'8" into door recess A double bedroom with a window to front.
Bedroom Two 10'1" x 10'1" 11'8" into door recess Also a double bedroom with a window to rear and a fitted airing cupboard which houses a wall mounted 'Worcester' boiler.
Bedroom Three 9'7" x 7'3" A single bedroom with a window to front and a built-in over stairs cupboard.
Re-Fitted Shower Room 7'5" x 5'5" Frosted window to rear and a white suite to comprise: Low flush WC, pedestal wash hand basin and an independent double shower cubicle, fully tiled walls, tiled floor, heated towel rail, ceiling down lights and an extractor fan.
Front Mainly shingled with courtesy lighting and side gated access to: Rear Garden & Gated Drive There are two lawn areas with flowers and shrubs and an extensive patio area with an outside tap and courtesy lighting.
There is a graveled drive for several cars with double gated vehicle access and there is access to the log cabin from the drive and rear garden, all mainly enclosed by panelled fencing Detached Log Cabin 17'7" x 14'5" An impressive cabin which could have a number of uses and has glazed French doors and a part glazed door and a window to side, there is power and light connected, wooden flooring and a multi-fuel log burner with a hearth.
Situation This property is situated on the edge of this well established residential area on the south side of town and is convenient for Swallowdale, St Francis Primary Schools, The Long Field Secondary School and The Melton Vale Sixth Form College.
The property is also well placed for the local newsagent, chemist, fish and chip shop which is just across the road as well as the local Spar Shop/Post Office in Valley Road.
Directions Proceed out of town along the Burton Road (A606) for approximately 1/4 mile, turn right onto Ankle Hill and then take the first left onto Sandy Lane.
Proceed for approximately 3/4 mile and turn right into Queensway and then take the first left turn into Princess Drive and proceed for approximately 400 yards and the property is on the left overlooking the green.
Property Services The property benefits from mains, electric, gas with Fuse, water and drainage with Severn Trent. Broadband - Standard, Superfast and Ultrafast -see Ofcom checker for more details.
Broadband is connected with Virgin. Mobile-see Ofcom checker for more details. 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 Princess Drive, Melton Mowbray
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