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See how verdicts work3-bedroom detached house · LE13 1HY
Sold STCListed 418 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grounds for excitement - we are pleased to present to the market this detached home which has been renovated by the current owners to a high specification, situated within a secluded cul-de-sac just minutes away from the Country Park The accommodation has been extended to create a roomy open plan kitchen/dining and living space, of which the current owners have cleverly utilised the former garage to form a fantastic snug/TV room.
For those who enjoy culinary endeavours the kitchen is kitted out well with Lamona appliances, induction hob, a range of neutral eye and base level units and a fantastic island centrepiece.
To the groundfloor there are excellent reception dimensions, a separate dual-aspect living room benefitting from French doors to the garden, as well as a separate snug/TV room, a perfect spot for evening entertainment or watching the sport.
Stunning bi-fiolding doors lead out to the rear garden and allow for an abundance of natural light. To the ground floor there is also a guest WC.
To the first floor, there are three bedrooms; the master benefits from built in-storage and looks out onto the rear garden. Bedroom two is also double in size and benefits too from built in storage.
The bathroom has been renovated to a high specification also, with a rainfall shower over bath, waterfall-style taps, floorstanding vanity unit with sink, and WC.
The shower is electric and benefits from being directly wired to the fuse board for optimal water pressure.
Outside, the current vendors have reconfigured the garden with low maintenance in mind with a raised artificial lawn area and porcelain slabs.
There is an excellent sheltered bar space for entertaining with electric wired in too. Outside electric points are also available on the right hand side of the property from the garden.
The garden also benefits from new fencing and concrete posts and an outside tap. Access to the front is available via a new rear gate.
The current vendors have loved being located within a desirable area of Melton Mowbray, the excellent living space and kitchen they have created and bi-fold doors overlooking the garden.
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 Framland Drive, Melton Mowbray
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