3-bedroom detached house · LE13 0BH
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of 7 new high quality new bungalows on a gated development on the South side of Melton. Westwood Place offers an exceptional location.
The development is within walking distance of a variety of local amenities including primary schools, train station, supermarkets, library, doctors’ surgery and pharmacies as well as the town centre itself.
The development is also situated close to Wilton Park, an extensive and popular central park with tennis courts, mini-golf, small children’s playground, picnic areas and tranquil gardens.
Each bungalow has a spacious layout & room between each home and at this stage, there is a chance for personal input into specification.
Designed with totally one level living in mind but with the opportunity for a loft conversion / the addition of stairs.
Plot 3 offers a spacious entrance hallway, master bedroom with ensuite shower room, two further double bedrooms which are serviced by a separate main bathroom.
To the rear of the property, the living space is all open plan with a spacious kitchen area, dining space opening onto garden terrace and living area.
Separate utility room with cloakroom and integral access into double garage. NB: ACTUAL PHOTOGRAPHS ARE OF PLOT 1
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 The Harby, Westwood Place, Melton Mowbray
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