Studio flat · LE13 1XD
To rentListed 164 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A centrally located first floor flat within the heart of Melton Mowbray.
The flat consists of a spacious one bed apartment with a good-sized bedroom, a large spacious kitchen diner, electric oven and hobs.
The spacious front living room overlooks the street known Market Place with two large South facing windows.
The flat benefits from an enclosed private courtyard, elevated outside area, double-glazed windows, a bath over shower and gas central heating.
The fridge and washing machine will be transferred as part of the letting, where they become the ownership of the new Tenant.
EPC: C Term: Rolling Deposit: £750.00 Rent: £650.00 pcm Council Tax: Band A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 33B, Market Place , Melton Mowbray, LE13
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