We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · LE13 1JP
Sold STCListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extended, three double bedroomed home located on an exceptional corner plot with no upward chain.
Having gas central heating and uPVC double glazing, the accommodation comprises storm porch into entrance hallway, lounge with archway into dining room, dining kitchen with appliances included and a downstairs cloakroom.
On the first floor the landing leads to three double bedrooms and a refitted bathroom.
There is a driveway leading to an integral single garage and private front gardens with hedgerows and lawns with stocked borders.
To the rear are patio style gardens with central garden shed and wraparound veranda. Viewing is highly recommended.
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).
Storm Porch With sliding obscure front doors giving access into: Entrance Hall With stairs rising to the first floor, understairs storage cupboard and meter cupboard.
Lounge With double glazed picture window to front and side, double radiator, feature surround fireplace, archway into: Dining Room With radiator and double glazed window to gardens.
Door into: Dining Kitchen With wall and base units, granite effect worktops, fridge/freezer, washing machine, slimline dishwasher, gas cooker, extractor hood, radiator, directional spotlights, double glazed window to rear and door to side.
Downstairs Cloakroom With low level WC with dual flush and wash hand basin.
First Floor Landing With access into: Bedroom One With a recessed wardrobe with cupboard over, radiator, coved ceilings and double glazed picture windows to front and side.
Bedroom Two With a radiator, double glazed windows to side and boiler cupboard. Bedroom Three With a double radiator and double glazed windows to side and front.
Refitted Bathroom With a white suite comprising panelled bath, rainshower and handheld shower over with glass screen, pedestal wash hand basin, low level WC with dual flush, mirrored cabinet over, heated chrome towel rail and obscure double glazed windows to the rear.
Outside The property lies on a corner plot on the corner of Conway Drive and Scalford Road. There are manicured side gardens with hedgerows, lawns and stocked perennial borders.
The driveway gives access to the single integral garage. There is gated access leading to the rear gardens which are designed in a patio style with a central wood shed store with wraparound veranda.
Services & Miscellaneous It is our understanding that the property is connected to mains gas, water, electricity and drainage.
Please note: All photographs showing furniture have been staged for illustration purposes only.
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Conway Drive, Melton Mowbray, Leicestershire
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