2-bedroom house · NR24 2DB
Listing removedReduced £10k (−4%) on 21 JunListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £250,000 - £275,000.
Built in 1882 as the first street of railway workers' cottages in Melton Constable, this is an attractive Victorian mid-terrace property of considerable character, the distinctive red brick with grey accent dressings particular to this street alone.
You have an outstanding opportunity to acquire a home that combines genuine Victorian character with thoughtfully modernised living space improved by the current owners with an eye for authenticity and a curated, personal style that gives the house a warmth and soul all of its own.
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 21, Melton Street, Melton Constable
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