2-bedroom flat · LE13 0JB
To rentListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present this first floor flat situated off Asfordby Road in Melton Mowbray.
Fitted to a high specification with gas-fired central heating and uPVC double-glazing, the accommodation briefly comprises open plan living and kitchen area, two bedrooms and bathroom.
Outside there is one allocated parking space. Location Entrance Hall As you enter through the front door the stairs lead to a spacious hallway.
Open plan Living/Kitchen With inset stainless steel sink unit, space for washing machine, range of base, wall and drawer units, inset gas hob with oven below, extraction unit, Glow Worm gas-fired central heating boiler and breakfast bar.
The living area has a double-panel radiator. Bedroom One With radiator and built-in cupboard. Bedroom Two With radiator.
Bathroom Comprising a bath with shower and shield over, pedestal wash hand basin and low flush WC with ladder heated towel rail and tiled flooring.
Outside One allocated parking space, and small outside shared area.
Utilities Oil Central Heating Mains Electric Mains Water EPC Rating - C Council Tax Band - A For broadband and mobile coverage using postcode.
Holding Deposit (per tenancy) - £173.07 One week’s rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing) Notice periods Please note that if you are currently renting a property, the legislation around serving notices has changed following the introduction of the Renters' Right Act 2025.
The notice must give at least two months’ notice, and should expire no less than two months after service and must end on the last day of a rent period.
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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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, Leicestershire
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