1-bedroom flat · LE13 1TT
Listing removedListed 99 days · slow let
Opportunity summary
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About
HANCOCK'S ARE PLEASED TO PRESENT THIS SPACIOUS, FIRST FLOOR, ONE BEDROOM APARTMENT IN CONVERTED VICTORIAN HOUSE.
The accommodation comprises of entrance hall, open plan living area with contemporary fitted kitchen, double bedroom and bathroom with walk in shower cubicle.
PLEASE NOTE THAT THERE IS NO ONSITE PARKING WITH THIS PROPERTY. Summary HANCOCK'S ARE PLEASED TO PRESENT THIS SPACIOUS FIRST FLOOR, ONE BEDROOM APARTMENT IN CONVERTED VICTORIAN HOUSE.
Situated on the edge of Melton Mowbray town centre and within walking distance to large supermarkets and the cattle market, this property is ideal for access to local amenities.
The accommodation comprises of entrance hall, open plan living area with contemporary fitted kitchen, double bedroom and bathroom with walk in shower cubicle.
UPVC double glazing and electric panel heaters. KITCHEN/ LOUNGE Dimensions: 20' 0" x 13' 5" (6.10m x 4.10m). Spacious, open plan living and kitchen area with space for a small dining table.
There is a cooker, hob and extractor fan provided, together with space and plumbing for white goods.
KITCHEN AREA Modern kitchen area with integrated oven, ceramic hob and floating extractor hood. There is also space and plumbing for a washing machine.
BEDROOM Dimensions: 10' 2" x 12' 5" (3.1m x 3.81m). Good sized double bedroom, decorated in neutral colours. There is a UPVC double glazed window to rear aspect and electric heater.
BATHROOM Modern bathroom comprising of a three piece white suite including low flush WC, pedestal wash hand basin and walk in shower cubicle. Disclaimer Agent's note.
Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
The services, systems and appliances shown in these particulars have not been tested and have no guarantee as to their operability or efficiency.
All measurements are approximate and are for general guidance purpose only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Park Road, Melton Mowbray, LE13
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