2-bedroom terraced house · LE13 0JB
To rentListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Reposit Deposit Alternative Scheme Available*** This well presented, two double bedroom property benefits from gas central heating, uPVC double glazing and an enclosed rear garden bordering the River Eye.
The accommodation in brief comprises fitted kitchen, lounge, dining room with stairs leading to the first floor, two double bedrooms and family bathroom.
In addition to the rear garden is a courtyard style area to the front, with two brick built stores.
Location Kitchen Fitted with a range of base, drawer and wall units, electric oven, gas hob with extractor over, space for fridge freezer, plumbing for washing machine and gas fired central heating boiler.
Dining Room With radiator, meter cupboard, understairs cupboard and door to the stairs. Living Room With radiator, built-in cupboard and door to the garden.
Bedroom One With radiator and built-in over stairs cupboard. Bathroom Fitted with suite comprising bath with Mira shower over, wash hand basin, low flush WC and radiator.
Bedroom Two With radiator.
Outside Outside to the front the property has a courtyard area with two brick stores and to the rear there is a lawned garden with view of the river Eye and open fields.
EPC Rating C Council Tax Band A - Melton Borough Council Holding Deposit per tenancy) - £184.60 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 Information Mains Gas Mains Electric Mains Water For broadband and mobile coverage using postcode LE13 0JB 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 Park Avenue, Melton Mowbray, Leicestershire
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