2-bedroom flat · LE4 5EE
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Newly refurbished throughout Two spacious bedrooms Brand new fitted kitchen Large modern bathroom with generous space Gas central heating Bright and airy living areas Finished to a high standard Located in a popular and well-connected area Close to local amenities and transport links Nearby bus stops with excellent transport links This beautifully refurbished two-bedroom flat at 138a Melton Road offers modern, spacious living in a highly sought-after and convenient location.
The property has been completely renovated throughout, with everything brand new and finished to a high standard, ready for immediate occupancy.
The flat offers a generous layout, providing more space than many typical two-bedroom properties.
The brand new fitted kitchen features modern units, quality finishes, and ample storage, creating a stylish and practical space.
The contemporary bathroom is impressively spacious, fitted with modern fixtures and designed for comfort.
Both bedrooms are well-proportioned, offering flexibility for professionals, couples, or small families.. The property also benefits from gas central heating, ensuring comfort throughout the year.
Ideally situated on Melton Road, the flat is within easy walking distance of local shops, supermarkets, cafes, and everyday amenities.
There are nearby bus stops providing convenient transport links to surrounding areas and the city centre.
Several well-regarded schools are also located within close proximity, making this an excellent choice for families.
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 Melton Road, Leicester
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