3-bedroom semi-detached house · LE13 1HA
Sold STCListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Grange Drive in Melton Mowbray, this beautifully refurbished three-bedroom, semi-detached home has been thoughtfully renovated throughout, offering fantastic modern living that is ready to move straight into.
The property is set back from the road with a private driveway providing off-road parking.
Entering through the welcoming front porch, you are greeted by a bright and spacious living room, creating a warm and inviting space.
To the right of the living room is a versatile room, currently used as a home gym.
Shown on the floorplan as a gym/garage, this useful space benefits from electricity, water and a door leading directly into the rear garden, making it ideal for a variety of uses including a home office, hobby room or home gym, even with potential to convert into further living space.
To the rear of the property is the stunning open-plan kitchen/dining room.
Recently fitted and beautifully maintained, this contemporary space provides ample room for both cooking and dining, with double doors opening onto the rear garden, allowing natural light to flood the room and creating the perfect indoor-outdoor entertaining space.
Outside, the enclosed rear garden has been designed for low-maintenance, featuring a patio area and a generous lawn, ideal for families.
Upstairs, the accommodation comprises three well-proportioned bedrooms.
To the front of the property are the spacious principal double bedroom and the third bedroom, while to the rear is the second double bedroom alongside the family bathroom, complete with a bath and shower over.
Grange Drive is an excellent location within easy walking distance of Melton Mowbray town centre, offering a wide range of shops, cafés and local amenities.
The property is also conveniently positioned close to well-regarded schools and excellent transport links, making it an ideal home for families and first-time buyers.
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
Agent & docs
FAQ
About Grange Drive, Melton Mowbray, Leicestershire
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