3-bedroom terraced house · LE13 0HZ
For saleReduced £30k (−15.4%) on 8 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no chain* Beautifully Refurbished Three-Bedroom Home – Finished to an Exceptional Standard, with Potential for Loft Conversion Situated on Fernie Avenue in the heart of Melton Mowbray, this stunning three-bedroom property has been fully refurbished throughout to an impeccable standard, offering stylish and comfortable modern living.
The home features a spacious and welcoming interior, complemented by high-quality wool carpets that are both luxurious and fully washable - perfect for practical day-to-day living.
The cosy living area is enhanced by a charming log burner, creating a warm and inviting atmosphere.
The property boasts three well-proportioned bedrooms, along with a downstairs bathroom and an additional upstairs toilet and sink, providing excellent convenience for modern family living.
The loft has been thoughtfully upgraded with a reinforced floor and full insulation, providing excellent potential for conversion (subject to the necessary permissions), making it a fantastic opportunity for future expansion.
Externally, permit parking is available at just £55 per year, with additional guest permits offered at only £1 per day.
This is a truly turnkey home, finished to a fabulous standard and ready for immediate occupation - perfect for families, first-time buyers, or investors alike.
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 53, Fernie Avenue, Leicestershire
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