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 work3-bedroom house · LE13 0JQ
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, three bedroomed townhouse situated in this popular location within Melton Mowbray.
Having gas central heating and double glazing, the property comprises hallway, storage cupboard, lounge/dining room, fitted kitchen, three bedrooms and bathroom.
There are extensive rear lawned gardens with two brick built stores and screen fencing to the boundaries.
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 a half glazed front door with side panel, radiator, stairs to first floor with understairs storage cupboard.
Access into: Lounge/Dining Room Having two radiators and double glazed windows to the front and rear elevation.
Kitchen With a range of wall and base units, solid wood worktops, induction hob, oven, plumbing for washing machine and dishwasher, space for fridge/freezer, wall mounted gas boiler, tiled flooring, double glazed back door to garden with matching side panel.
First Floor Landing With access to loft space. Bedroom One With radiator, recessed wardrobe and double glazed window to front.
Bedroom Two With radiator, built-in wardrobe and double glazed window to rear. Bedroom Three With radiator, storage cupboard and double glazed window to front.
Bathroom Having a white suite comprising panelled bath with rainshower and handheld shower, pedestal wash hand basin, low level WC with dual flush, heated chrome towel rail, spotlighting to ceiling and obscure double glazed window to rear.
Outside There are front hedgerows, front lawned gardens and pathway.
The rear gardens are of extensive proportions with two brick built stores, patio, extensive lawns with screen fencing to the boundaries.
Services & Miscellaneous It is our understanding that the property is connected to mains gas, water, electricity and drainage.
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
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 West Avenue, Melton Mowbray, Leicestershire
Explore nearby