4-bedroom detached house · NN12 7UE
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Melita Cottage is a stunning thatched stone-built home situated in the conservation area of the highly sought after village of Yardley Gobion.
Built in the 17th Century, in brief this Grade II listed property comprises: entrance hall, sitting room, dining room, kitchen, inner lobby, utility room, study, three bedrooms, bathroom, shower room and cloakroom.
There is also a self-contained room with it’s own private entrance which could be used as a fourth bedroom or second office.
Located on a generous plot this home also boasts beautifully kept front and rear gardens, double garage with a workshop and driveway allowing off road parking for multiple vehicles.
Entrance Enter via the front door into the entrance hall which has tiled flooring, a feature exposed stone wall, stairs rising to the first floor landing, exposed original beams, door leading to the dining room and an opening through to the sitting room.
Sitting Room Two steps descend to the sitting room which includes continued tiled flooring, exposed original beams, ingle nook fireplace containing an original feature cast iron fire guard, glazed window to the rear aspect, original exposed stone walls and two bays to the front aspect containing glazed windows.
A door leads through to the study.
Study Two brick steps descend from the sitting room to the study which includes an original exposed oven, vaulted ceiling with exposed original beams, wood effect flooring and glazed windows to the front and rear aspects.
A door leads to the shower room.
Shower Room The shower room includes a WC, handwash basin, shower cubicle, wood effect flooring, chrome towel radiator, humidity-controlled extractor fan, vaulted ceiling with exposed original beams, wall tiling and a glazed window to the front aspect.
Dining Room The dining room includes tiled flooring, exposed original beams, ingle nook fireplace containing an original feature cast iron fire guard and two bays to the front aspect containing glazed windows.
An opening leads through to steps ascending to the kitchen.
Kitchen The kitchen includes both base level and high level units, Belfast sink with mixer tap, solid wooden worksurface, tiling to splashback areas, tiled flooring, door through to the inner lobby and integrated appliances such as a low level oven, hob and extractor hood.
There are also spaces for further appliances such as a fridge/freezer. To the front aspect is a glazed window and a stable door which provides access to the front garden.
Inner Lobby The inner lobby includes tiled flooring, an opening into the utility room, sliding door into the cloakroom and to the rear aspect is a door which provides access to the rear garden.
Utility Room The utility room includes a work surface area, stainless steel sink with mixer tap, obscured glazed window to the rear aspect, continued tiled flooring and spaces for appliances such as a dishwasher, washing matching and tumble dryer.
Cloakroom The cloakroom includes a WC, handwash basin, continued tiled flooring, tiling to the splashback area and an obscured glazed window to the side aspect.
First Floor Landing Stairs rise from the entrance hall to the first floor landing which includes carpeted flooring, exposed original beams, glazed window to the front aspect and doors leading to all first floor accommodation.
Bedroom One Bedroom one includes carpeted flooring, partially vaulted ceiling with exposed original beams, fitted wardrobe and glazed windows to the front and rear aspects.
Bedroom Two Bedroom two includes carpeted flooring, glazed window to the rear aspect and a partially vaulted ceiling with exposed original beams.
Bedroom Three Bedroom three includes carpeted flooring, glazed window to the front aspect, built in wardrobe and a partially vaulted ceiling with exposed original beams.
Bathroom The bathroom includes a WC with tiling behind, handwash basin, panelled bath with shower attachment, partially vaulted ceiling with exposed original beams and an obscured glazed window to the front aspect.
Front Garden To the front of the property is a garden which is fully enclosed and has been laid to lawn.
It includes raised flower beds, raised area of hard standing for seating, and some mature trees, plants and shrubs to the borders.
A gravelled footpath with stepping stone slabs is accessed by a cast iron gate and runs to the front of the property, leading to the front door.
There’s also access from the front into the kitchen via a stable door.
Rear Garden The garden has been mainly laid to lawn and also includes mature fruit trees, hedgerow border to the rear, flower beds laid to wood chippings and raised hardstanding which allows space for a wooden shed, seating and a greenhouse.
A footpath descends to provide access to the driveway and a separate set of stairs ascends to provide access to the fourth bedroom/study.
Bedroom Four/Study The self contained bedroom four/study has it’s own private entrance with Oak flooring, partially vaulted ceiling with exposed original beams and access to storage spaces.
Parking The concrete driveway allows parking for multiple vehicles and provides access to the double garage; which has barn doors, power, electricity and a workshop to the side with a glazed window to the front aspect.
Value & comps
No previous sales on record.
Returns
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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 Grafton Road, Yardley Gobion, Northamptonshire, NN12
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