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See how verdicts work2-bedroom detached house · LE13 0ST
Sold STCListed 415 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well presented two bedroom detached house is ideally situated in a sought after area of Melton, just a short distance from a range of local amenities, schools, and transport links.
The ground floor comprises a welcoming entrance hall, a spacious and modern open-plan kitchen/diner with direct access to the private rear garden, a bright and airy living room, and a convenient downstairs WC.
Upstairs offers two generous double bedrooms, both benefiting from shared access to a stylish Jack and & Jill family bathroom.
Externally, the property enjoys off road parking and a low maintenance rear garden, perfect for relaxing or entertaining.
This is an ideal opportunity for first time buyers, downsizers, or investors looking for a chain-free purchase in a prime location.
Location Melton Mowbray is a thriving market town offering excellent local shopping and schooling facilities with the added benefit of being within easy commuting distance of the centres of Leicester, Nottingham, Loughborough, Grantham, Oakham and Stamford.
Superb private schooling is available at nearby Oakham in addition to Ratcliffe College and Leicester Grammar School.
The town is situated on the Leicester/Peterborough/Stansted railway with an excellent intercity service to London available from both Grantham and Leicester (approximately 1 hour).
Entrance Hall With uPVC door leading in to the entrance hall having stairs rising to the first floor landing and doors leading into: Kitchen/Diner With a range of matching wall and base units, integrated oven with electric hob and extractor over, inset stainless steel sink and drainer with mixer tap over, space for washing machine, space for fridge/freezer, uPVC double glazed window to the rear elevation, uPVC double glazed French doors leading to the rear, island unit leading to an open-plan dining area, wooden effect laminate flooring, radiator, ceiling light pendant, uPVC double glazed window to the side elevation, and access into: Downstairs WC A two piece white suite comprising a low level WC, vanity wash hand basin, chrome heated towel rail, wooden effect laminate flooring, extractor fan and ceiling light point.
Living Room With a uPVC double glazed window to the front elevation, wooden effect laminate flooring, radiator and ceiling light pendant.
First Floor Landing With ceiling light point and access into: Bedroom One With a uPVC double glazed window to the front elevation, radiator and ceiling light pendant.
Bedroom Two With a uPVC double glazed window to the rear elevation, radiator, ceiling light pendant and access into: Jack & Jill Bathroom A three piece white suite comprising a low level WC, vanity wash hand basin with mixer tap over and corner shower cubicle, chrome heated towel rail, uPVC double glazed window to the side elevation, laminate flooring, extractor fan and ceiling light point.
Outside To the rear of the property is the garden, mainly laid to lawn, with patio area, fencing surrounding and gates giving access to the front and side driveway.
Services & Miscellaneous The property is connected to mains gas, drainage, water and electric.
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode
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 Welby Lane, Melton Mowbray, Leicestershire
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