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See how verdicts work4-bedroom detached house · LE13 0XZ
For saleReduced £10.1k (−2.6%) on 26 OctListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern four bedroomed detached residence on this popular development on the fringe of Melton Mowbray.
Having Air Source pump central heating and double glazing with exceptional driveway affording car standing for at least four vehicles and separate garage.
The accommodation comprises entrance hall, downstairs cloakroom, lounge, dining kitchen with integrated appliances and a utility room.
On the first floor are four double bedrooms and a family bathroom, bedroom one has an en-suite shower room.
Outside is a front forecourt garden, private rear garden with a slabbed patio, retaining walls and screen fencing. Viewing highly recommended.
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 Having a composite double glazed door, tiled flooring and understairs storage cupboard.
Downstairs Cloakroom With low level WC, pedestal wash hand basin, tiled flooring and obscure double glazed window to front.
Lounge With double glazed box bay window to the front, radiator and spotlighting.
Dining Kitchen There is a quality fitted kitchen with a range of base cupboards and drawers, wall units over, one and a half bowl sink and drainer unit, granite effect work surfaces, four ring gas hob, extractor hood over, Zanussi double oven and grill, integrated dishwasher, fridge/freezer, spotlighting to the ceiling, double glazed windows to the rear garden, tiled flooring, radiator, double glazed French doors to gardens, pantry store with built-in shelving.
Utility Room With two cupboards, wall cupboards over, single sink and drainer unit, granite effect work tops, integrated washing machine, extractor fan, tiled flooring and half glazed side door.
First Floor Landing The landing has an airing cupboard with built is shelving to the side, cylinder and header tank. Bedroom One With radiator and double glazed windows to the front.
En-suite Shower Room Having a double shower tray with sliding glass screen, vanity wash hand basin, low level WC, radiator, obscure double glazed window to the side, tiled flooring and extractor fan.
Bedroom Two Having a radiator, two double fronted floor to ceiling wardrobes and double glazed windows to the rear.
Bedroom Three Having a radiator, triple fronted floor to ceiling wardrobes, double glazed windows to the rear. Bedroom Four Having a radiator and double glazed window to the front.
Family Bathroom With a white suite comprising panelled bath with shower over and screen, vanity wash hand basin, low level WC with dual plate, heated chrome towel rail, obscure double glazed window to the side, spotlighting and extractor fan.
Outside The property has forecourt gardens with a side driveway affording car standing for at least four vehicles which leads in turn to the garage with up and over door, electric light and power.
To the rear is a wraparound veranda both to the rear and side, useful for storage purposes or entertainment. The garden has been comprehensively slabbed with retaining walls and screen fencing.
There is an outside tap and outside security lighting. Services & Miscellaneous It is our understanding that the property is connected to mains gas, water, electricity and drainage.
There is a Service Charge of approximately £13 per month.
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
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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 Casterton Road, Melton Mowbray, Leicestershire
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