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See how verdicts work2-bedroom terraced house · LE13 0SY
For saleListed 338 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom mid-terrace house is for sale on a 50% shared ownership basis and offers a rare opportunity for the first time buyer.
Situated on the North side of Melton Mowbray in a quiet cul-de-sac, the accommodation comprises in brief, entrance hall, cloakroom WC, living/dining room and fitted kitchen.
On the first floor are two good sized bedrooms and a bathroom. Outside to the front is allocated parking for two cars and an enclosed rear garden.
Accessed via the front door with a storm porch into the entrance hall with a door off to a cloakroom WC having a two piece suite comprising a low flush WC and wash hand basin and stairs rising to the first floor.
A good sized living/dining room with sliding patio doors leading to the rear garden, TV point and an under-stair storage cupboard.
The kitchen is fitted with a range of wall and base units, sink and drainer, integrated oven and gas hob, space and plumbing for a washing machine and fridge freezer and a window to the front aspect.
Stairs rising to the first floor landing with doors off to two good sized bedrooms and a family bathroom having a three piece white suite comprising a low flush WC, wash hand basin and bath with an overhead shower and tiled splashbacks.
There is allocated parking at the front of the property for two cars and an enclosed rear garden with the majority laid to lawn, garden shed, timber panel fencing to the boundaries and gated access at the rear.
Ground Rent £363.26 Service Charge £21.07 125 years Lease - 102 years remaining EPC Rating: C Living/Dining Room 4.2m x 4.2m Kitchen 2.0m x 2.6m Bedroom One 3.5m x 4.0m Bedroom Two 2.2m x 3.4m
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 Lancers Drive, Melton Mowbray
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