We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LE13 0JB
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Summary Description A two bedroom period property in need of renovation and which occupies a pleasant river side location which is convenient for the town centre and is offered with no upward chain.
SOLD AS SEEN Kitchen 9'3" x 6'6" narrowing to 5'9" Entrance via a part glazed door, window to side and a range of eye and base level units with roll top work surfaces and tiled splash backs, there is a sink drainer unit, an integrated oven, grill and a gas hob with a pull down extractor fan hood, integrated fridge freezer, wall mounted fuse box and a glazed door to: Dining Room 12'0" x 11'3" Window to front, door leading to the staircase and there is a fitted meter cupboard and a folding door to: Inner Hall Under stairs cupboard and a door to: Lounge 11'3" x 11'3" Window and sliding patio doors to the rear garden and a fitted cupboard and a flame coal effect fire with a mantel and hearth.
First Floor Landing Doors to: Bedroom One 11'3" x 11'3" Window to rear offering river views and parkland views and there is a built-in over stairs cupboard which has a loft hatch providing access to the loft area.
Bedroom Two 12'0" x 8'2" Window to front, window to the landing and a fitted wardrobes with cupboards above.
Bathroom 9'4" x 6'8" Frosted window to front, fitted airing cupboard which houses the hot and cold water tanks.
There is a three piece suite to comprise: Low flush WC, pedestal wash hand basin and a panelled bath with an independent shower above and tiled splash backs.
Front A walled and mainly paved area with three brick built storage cupboards of which two has light connected and there is gated access to front.
PN: This is an unadopted road, not maintained by the Council.
South Easterly Rear Garden In need of attention which has a patio area with side gated access providing access of the neighbors property, there are flowers, shrubs and hedging, at the bottom of the garden is a decked area which backs onto The River Eye.
Property Services The property benefits from mains electric, gas with Octopus, water and drainage with Severn Trent. Broadband - Standard and Superfast & Ultrafast -see Ofcom checker for more details.
Broadband currently not connected. Mobile-see Ofcom checker for more details.
Situation This property is ideally situated within a cul de sac position which is convenient for the town centre as well as excellent schooling and major road links to include: A6006, A607, A606, and the B676.
Directions Proceed out of town along the Asfordby Road (A6006) for approximately half a mile, then turn left into Park Avenue and the property is on the left.
Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
Third Party Referral Arrangements Mike Ford Estate Agents & Valuers Ltd have established professional relationships with third-party suppliers for the provision of services to clients.
As remuneration for this professional relationship, the agent receives referral commission from third- party companies.
Details are available upon request at: Disclaimer Although Mike Ford Estate Agents & Valuers Ltd believe these details to be fair and accurate description of the property their accuracy cannot be guaranteed and they do not form part of any contract.
Prospective buyers should satisfy themselves as to the property's suitability and make their own enquires before making any financial commitment.
Only the fixtures and fittings described in these details are included in the selling price.
Mike Ford Estate Agents & Valuers Ltd has not checked they are fit for purpose and we have not tested any of the services (gas, electricity, water, drains and so on) mentioned.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Park Avenue, Melton Mowbray
Explore nearby