1-bedroom flat · LE13 0PP
To rentListed 44 days · slow let
Opportunity summary
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About
A fantastic opportunity to reside in this well presented one bedroom ground floor apartment conveniently situated in the heart of Melton Mowbray town centre.
In brief the property comprises of entrance porch, sitting room, hallway, bedroom, kitchen and shower room.
It would ideally suit a professional individual or couple looking for a convenient location within walking distance of the train station and town park and also benefits from a gas boiler and uPVC double glazing.
Summary - ENTRANCE PORCH : with timber door to : SITTING ROOM : (12.01 x 9.01 ft) with inbuilt cupboard, shelving, radiator, small safe and ornamental fire.
INTERNAL HALL : with radiator and storage cupboard. BEDROOM : (8.11 x 8.06 ft) a double bedroom with radiator.
KITCHEN : A shaker style kitchen with a range of eye and base level units, wood effect worktops, stainless steel sink, integrated electric hob and oven, stainless steel extractor fan, Blomberg fridge freezer, under counter lighting, timber door to alley, tiled splashbacks and tiled flooring.
SHOWER ROOM : A refitted shower room with a white suite comprising of mixer shower with aqua board, pedestal basin, low flush WC, heated towel rail, wall mounted gas fired Baxi combi boiler, cupboard housing new tumber drier and washing machine.
Important Tenancy Information - The Property is UNFURNISHED to include carpets and new blinds only. INTERNET : ADSL and Fibre optic available. Council Tax : Melton Borough Council : Band A.
Deposit : £657 Term : A 12 month assured shorthold tenancy is offered with a mothly periodic tenancy thereafter. Services : Mains electricity, water, drainage and gas. EPC : D rating.
STRICTLY NO PETS PERMITTED. Holding Deposit : One weeks rent (which is then placed towards deposit should referencing be successful).
Disclaimer - TENANT FEES Upfront Applicant and Referencing Fees - Nil.
Under the Tenant Fees Act 2019 before the tenancy starts the following are payable: - Deposit: 5 weeks rent (for annual rents up to £50,000).
Initial monthly rent During the tenancy the tenant(s) are responsible for the rent, all utilities, telephone and internet connections and their relevant subscriptions, television licence and Council Tax.
Under the new legislation, permitted payments will also include, but are not limited to, damage as outlined in the Tenancy Agreement, reasonable costs incurred due to loss of keys and security devices, reasonable costs incurred by breach of tenancy by the tenant(s), reasonable costs incurred by the landlord due to early termination of the tenancy as determined by the Tenant Fees Act 2019.
Property Redress REDRESS: Shouler & Son are a member of UK ALA (The UK Association of Letting Agents) which includes an independent redress scheme and client money protection.
For more information about UK ALA please see the following link: Client Money Protection We have client money protection. The name of our scheme is: UKALA (UK Association of Letting Agents).
We produce property particulars in good faith and believe them to be correct. We generally rely on what we are told without obtaining proof.
You should verify for yourself such information before entering into a contract to take this property.
Neither Shouler & Son nor their clients guarantee accuracy of the particulars, and they are not intended to form any part of a contract.
No person in the employment of Shouler & Son has authority to give any representation or warranty in respect of this property.
Location - To locate the property take Leicester Street out of Market Place and the property can be found on your left hand side.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 LEICESTER STREET, MELTON MOWBRAY
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