1-bedroom flat · LE13 0QP
Listing removedListed 102 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available, one bedroom first floor maisonette.
Currently undergoing a light refurbishment, the property comprises of lounge with new flooring, kitchen/ diner, double bedroom, bathroom and parking to the rear. Offered unfurnished and available now.
EXTERNAL FRONT Storage cupboard housing meters, wooden front door.
ENTRANCE HALLWAY Coir matting, storage cupboard with consumer unit, pendant ceiling light, carpeted stairs to first floor with handrail. LANDING Storage cupboard, pendant light, smoke alarm.
LOUNGE 14' 6" x 11' 4" (4.44m x 3.47m) Laminate flooring, 2 x's radiators, 3 x's double glazed windows, over stairs storage cupboard, pendant ceiling light, wooden panelled door with frosted glass leading to hallway.
HALLWAY Carpet, smoke alarm, storage cupboard, pendant light, loft hatch.
BATHROOM Laminate wood effect flooring, radiator, toilet roll holder, push button W/C inset vanity unit, sink inset vanity unity with mixer tap and under sink cupboard, 2 x's towel rails, corner shower unit with glass surround and wall panels and wall mounted shower.
ceiling light, double glazed privacy window. radiator.
KITCHEN 10' 1" x 8' 9" (3.08m x 2.67m) Vinyl flooring, cream gloss wall and base units with complementary wood effect laminate worktops, 1/2 tiled splashback, single bowl sink with mixer tap and drainer, radiator, vaillant boiler, carbon monoxide alarm, freestanding oven with electric hob, space for washing machine, 2 x's double glazed windows.
BEDROOM 12' 7" x 8' 9" (3.85m x 2.67m) Carpet, radiator, double glazed window to rear aspect, built in wardobe, pendant ceiling light. Parking to rear.
AGENTS NOTE All details and measurements are to be used as a guide only.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Blakeney Crescent, Melton Mowbray
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