2-bedroom bungalow · LE13 1PZ
To rentListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful two bedroomed bright and airy home is set in a small complex with off road parking for one car and close to the town centre. It has been neutrally decorated throughout.
Enter the house into a hallway with hanging for coats. Leading to an open plan living area with easy to clean flooring throughout.
Off the living room is the kitchen with a gas hob, oven and extractor fan. There are floor units, built in fridge and a good amount of electrical sockets, worktops and space for a washing machine.
The main bedroom is to the back of the house with a built-in wardrobe. The second bedroom could also be used as an office.
There is a separate bathroom with white 3 piece suite, shower over the bath and darker tiles to the floor.
This home benefits from being within walking distance to the town centre and it has an off road parking space. Allocated parking space. Council Tax Band: B. EPC rating: C.
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 Mill House, Melton Mowbray, LE13
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