2-bedroom flat · LE13 1JJ
Listing removedListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovely two bedroom unfurnished ground floor apartment located in the very popular area of Melton Mowbray.
This ground floor apartment which is extremely well presented throughout, the entrance hall sweeps round to the spacious living room which has great views overlooking the town centre.
The room will easily swallow most people’s furniture with the added bonus of a Juliet balcony which enables you open up the apartment to allow air to flow nicely through on a hot summer’s day.
Off the living room is the kitchen which has an open plan aspect and has an array of built in appliances with a washing machine/Fridge Freezer and a cooker.
There is ample work surfaces and has views overlooking the rear of the development.*Please note that a washing machine and Fridge Freezer are within the property, these are not supported by the landlord* Both the bedrooms are a reasonable size, the master being the largest of rooms while the second bedroom would either make a good single or study.
The bathroom has a white suite with shower over bath. Laminate flooring throughout excluding the bathroom where there is vinyl flooring. Parking to rear, viewing highly recommended. EPC Rating: C
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 Dieppe Way, Melton Mowbray, LE13
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