2-bedroom terraced house · LE13 0HN
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present this two bedroom terraced property situated on the outskirts of Melton Mowbray close to local primary schools and bus routes.
The property has the benefit of uPVC double glazing and gas fired central heating with recently renovated accommodation briefly comprising; entrance hall, lounge, dining room, kitchen, two double bedrooms and fitted bathroom.
Outside the property has a rear courtyard area, leading to a lawned enclosed garden, which is separated by a right of access path.
Location Melton Mowbray is a thriving market town offering excellent local shopping and schooling facilities with the added benefit of being within easy commuting distance of the surrounding centres of Leicester, Nottingham, Loughborough, Grantham, Oakham and Stamford.
The town is situated on the Leicester/Peterborough/Stansted railway with an excellent intercity service to London available from both Grantham and Leicester (approximately 1 hour).
Entrance Hallway With uPVC entrance door and understairs store cupboard with shelving. Living Room With cupboard housing meters and fuse box, bay window to front and radiator.
Dining Room With door to kitchen, door to stairs and radiator.
Kitchen Fitted with a range of base, wall and drawer units, electric cooker, stainless steel sink unit, plumbing for automatic washing machine and uPVC door to rear garden.
Landing Bedroom One With built-in cupboard housing central heating boiler and radiator. Bedroom Two With double built-in wardrobe and radiator.
Bathroom Fitted with a low flush WC, wash hand basin, bath with shower over, airing cupboard and radiator.
Outside To the rear of the property is a small yard area with a further lawned section of the garden, separated by a small walkway which the neighbouring properties have right of access to.
Parking Please note that there is no allocated parking. Holding Deposit (per tenancy) £183.46 One week’s rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing) Utilities Mains Gas Mains Electric Mains Water EPC Rating – C Council Tax Band – A For broadband and mobile coverage using postcode.
Notice Periods Please note that if you are currently renting a property, the legislation around serving notices has changed following the introduction of the Renters' Right Act 2025.
The notice must give at least two months’ notice, and should expire no less than two months after service and must end on the last day of a rent period.
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 Asfordby Road, Melton Mowbray, Leicestershire
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