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See how verdicts work1-bedroom flat · LE4 5EB
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Raichand Properties presents to you this newly renovated one-bedroom ground floor flat, ideally located on the ever-popular Melton Road.
Finished to a high standard throughout, this modern property offers stylish, low-maintenance living and is perfectly suited to first-time buyers, downsizers or buy-to-let investors.
The accommodation comprises a bright and spacious open-plan living area, a contemporary fitted kitchen, a generous double bedroom and a modern shower room, all benefiting from a fresh, high-quality renovation.
Positioned on the ground floor, the property provides convenient access with no stairs, making it suitable for a wide range of purchasers.
Its sought-after location offers excellent connectivity to Leicester City Centre while being surrounded by a wealth of local amenities, shops and restaurants. Early viewing is highly recommended.
Key Features - Newly Renovated Throughout - Ground Floor Flat - One Double Bedroom - Contemporary Kitchen - Modern Shower Room - Bright Living Area - Ideal First-Time Purchase - Excellent Buy-to-Let Investment - Popular Melton Road Location - Ready to Move Into Location & Amenities Within Approximately 1.5 Miles: Situated on the vibrant Melton Road, this property enjoys an excellent position within Leicesters renowned Golden Mile.
The area is well known for its diverse range of independent shops, supermarkets, cafés, restaurants and everyday amenities, all within easy walking distance.
Shopping & Everyday Essentials: - Tesco Superstore - Lidl - Aldi - Sainsburys Local - Belgrave Retail Area - Independent shops along Melton Road - Pharmacies, banks and convenience stores Leisure & Dining: - The Golden Mile with its renowned restaurants and sweet centres - Abbey Park - Leicester City Centre - Highcross Shopping Centre - Local cafés and takeaways - Fitness centres and leisure facilities Education: - Rushey Mead Academy - Soar Valley College - Wyvern Primary School - Several nurseries and primary schools - Leicester College Healthcare: - Local gp practices - Community pharmacies - Leicester Royal Infirmary (approximately 1.5 miles) - Transport - Excellent bus routes to Leicester City Centre - Leicester Railway Station (approximately 1.5 miles) - Easy access to the A607, A46 and A563 Ring Road Interested?
Contact Raichand Properties today to arrange a viewing.
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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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 Flat 1, 50, Melton Road, Leicester
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