2-bedroom flat · LE13 0TU
Listing removedListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor two bedroom maisonette totalling approximately 70.0 sq m (754 sq ft).
The property benefits from its own entrance and is arranged as two bedrooms, open plan kitchen/living room and bathroom/WC. Externally there is a communal rear patio area.
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Location : The market town of Melton Mowbray lies approximately 19 miles north east of Leicester and 20 miles south east of Nottingham, which can be accessed via the A607 and A606 respectively.
Melton Mowbray railway station lies within a few minutes' walk of the property and provides regional rail links as well as a direct service to London St Pancras.
Additonally numerous bus routes serve the area and East Midlands International Airport lies approximately 21 miles to the north west.
High Street lies in the heart of the town centre running west from Nottingham Street with the property forming part of the former George Hotel on its north side.
Tenancy : The property was previoulsy let at £7,800 per annum but a Section 8 Notice has been served on the tenant so will be offered with vacant possession on completion (refer to legal pack).
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 Apartment 15, The George Hotel, High Street, Leicestershire, LE13 0TU
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