3-bedroom terraced house · DE73 8BX
To rentReduced £100 (−6.3%) on 5 OctListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DECEPTIVELY SPACIOUS THREE BEDROOMED COTTAGE A wonderful opportunity to let a character cottage dated back to the 1600's within a conservation area, nestled in an enviable semi-rural setting a small distance from Melbourne.
There's off- road parking for up to two cars, a delightful lawned rear garden and three reception rooms.
A look inside reveals, on the ground floor: an entrance hallway, sitting room with an open fire, study/snug, dining room and a farmhouse kitchen with handmade units.
On the first floor: you'll find a master bedroom with a four piece en suite bathroom, two further double bedrooms and a three-piece bathroom.
We enthusiastically recommend viewing this charming cottage at your earliest convenience.
THE LOCATION KINGS NEWTON is a picturesque hamlet within the parish of Melbourne, South Derbyshire, about 8 miles south of Derby. It has several 18th century houses and some timber framed properties.
Kings Newton contains a 17th century hall, built for the Hardinge family, which was burnt down in 1859 but restored by the railway magnate Sir Cecil Padget in 1910.
If you enjoy eating out there is a very good public house & restaurants in Melbourne. There is also direct access onto Sustrans track.
The property is located approx 3/4 of a mile from Melbourne town centre which offers a good range of facilities and is well-placed for the A50, the A42/M42 and M1 motorways - also the airports at East Midlands, Castle Donington, and Birmingham International.
EPC Rating: D
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 Main Street, Melbourne, DE73
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