3-bedroom terraced house · LE13 0QH
Listing removedListed 89 days · slow let
Opportunity summary
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About
We are pleased to present this larger than average, three bedroom terraced property, offering a wealth of character and original features to include open fireplaces, solid wood doors and fitted storage cupboards.
The accommodation briefly comprises; entrance hall, two reception rooms, fully fitted kitchen with integrated appliances, utility room, first floor landing, family bathroom and three bedrooms.
Outside to the rear is a large, low maintenance courtyard style garden with gated access leading to private off road parking.
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 centres of Leicester, Nottingham, Loughborough, Grantham, Oakham and Stamford.
Superb private schooling is available at nearby Oakham in addition to Ratcliffe College and Leicester Grammar School.
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 Hall With carpet & radiator, giving access to the reception rooms and stairs leading to first floor landing.
Lounge A welcoming reception room with original fireplace, bay window to the front elevation, radiator, alcove shelving and carpets Dining Room A second reception room boasting a wealth of character with original fireplace, wooden shelving, built in storage cupboards and lath pulley clothes airer (for decorative purposes).
Kitchen Fully fitted kitchen with shaker style units and integrated appliances to include double oven, electric hob, extractor hood, fridge freezer and full sized dishwasher.
Utility Room Accessed from the rear courtyard, offering built-in units, sink, worktops, electricity and plumbing for washing machine or space for an under counter fridge freezer.
First Floor Landing Leading from the entrance hall, the landing gives access to the bedrooms and bathrooms and affords space for a desk/office area or bedroom furniture.
Family Bathroom A fitted bathroom suite comprising of WC, hand basin and bath with mains shower over and glass shower screen.
The built-in storage units house the boiler, plumbing for washing machine and an ample airing cupboard with space for wash basket.
Master Bedroom With original fireplace, window to the rear elevation and carpets. Bedroom Two With original fireplace, window to the front elevation and carpets.
Bedroom Three A good sized single bedroom/office with window to the front elevation, radiator and laminate flooring.
Outside To the rear is a large courtyard style garden with gated rear access leading to off road parking for two vehicles which is situated on Albert Street.
The front of the property offers a manageable space suitable for bin storage.
Utilities Information Mains Gas Mains Electric Mains Water For broadband and mobile coverage using postcode LE13 0QH Holding Deposit (per tenancy) - £219.23 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) 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 Albert Street, Melton Mowbray, Leicestershire
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