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See how verdicts work2-bedroom semi-detached house · LE13 1TN
Sold STCListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering a rare opportunity to acquire this well presented two bedroom semi-detached bungalow which is ideally located in a very popular residential area in a quiet cul-de-sac having been neutrally decorated throughout.
The property is convenient for many local amenities and Melton Country Park and comprises in brief, entrance porch, hallway, living room, fitted kitchen, two bedrooms and a fully tiled shower room.
The gardens are designed for low maintenance and there is a driveway providing off-road parking and a detached garage.
Accessed via a double glazed door to the side aspect into an entrance porch and door through to the hallway with a built-in storage cupboard housing the wall mounted Glow Worm central heating boiler, meters and fuse box.
There is a loft hatch giving access to an insulated loft and door leading through to a good sized living room with a double glazed window to the front aspect, a fireplace with a wooden surround and hearth and TV point.
The kitchen is fitted with a range of wall and base units, roll top work surfaces, one and a half bowl sink and drainer, tiled splashbacks, space for a freestanding electric cooker, plumbing for a washing machine, fridge freezer, tiled floor, storage cupboard with shelving and a window to the front aspect.
From the hallway are doors leading to two bedrooms, the main bedroom having fitted wardrobes along one wall and a fully tiled shower room fitted with a three piece white suite comprising a low flush WC, wash hand basin set in a vanity unit and shower cubicle with tiled flooring.
Outside to the front is designed for low maintenance with a shingled area, courtesy lighting and a block paved driveway providing off-road parking leading to a detached garage with an double opening doors, power and light.
Gated access to an enclosed, paved rear garden with a brick wall boundary at the rear.
EPC Rating: D Living Room 3.2m x 5.0m Kitchen 2.6m x 2.6m Bedroom One 3.2m x 3.5m Bedroom Two 2.4m x 2.7m Shower Room 1.6m x 1.8m Detatched Garage 2.4m x 4.8m
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 Mortimer Road, Melton Mowbray
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