2-bedroom flat · LE13 1FH
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRANCE The property is accessed through a door camera entry system which is linked to the TV. Off of the communal entrance is a residents lounge and access to the communal garden.
HALLWAY Wooden front door to apartment with letterbox. Grey wood effect laminate flooring, electric heater, entry phone system, 2 x's coat hooks, ceiling spotlight. Smoke alarm.
Cupboard: Carpeted, tank, washing machine, consumer unit, Vent Axia air flow system, smoke alarm, wall light and shelving.
BATHROOM 7' 3" x 5' 1" (2.23 m x 1.56m) Ceramic tiled flooring, push button WC inset unit.
sink with mixer tap inset unit with cupboards, toilet roll holder, heated towel rail, wall mirror with led light, walk in shower with glass screen, wall mounted shower with mixer bar, 3 bar ceiling spotlight, extractor.
LOUNGE/DINER 19' 0" x 11' 1" (5.8m x 3.4m) Continuation of wood effect laminate flooring. Feature wall, electric heater, double glazed patio doors to small patio courtyard area and parking.
TV and BT points, 2 x's 3 bar ceiling spotlights, smoke alarm. Door leading to: KITCHEN 8' 2" x 7' 9" (2.5m x 2.37m) Beige laminate flooring.
Cream high gloss wall and base units with laminate dark wood effect worktops with upstand.
Integrated fridge freezer, single electric oven, 4 ring electric hob and extractor, splash back, single bowl ceramic sink with drainer and swan neck mixer tap. Double glazed window with roller blind.
smoke alarm. BEDROOM TWO 19' 0" x 9' 10" (5.8m x 3m) Grey wood effect laminate flooring, electric heater, double glazed window with roller blind, 3 bar ceiling spotlight, smoke alarm.
MASTER BEDROOM 17' 4" x 9' 10" (5.3m x 3.0m) Beige carpet, electric heater, double glazed window with roller blind and curtain.
3 bar ceiling light, smoke alarm, walk in wardrobe with shelving, rails and light.
EN-SUITE 7' 1" x 6' 6" (2.16m x 2.00m) Ceramic tiled flooring, heated towel rail, push button WC inset unit, sink with mixer tap inset unit with under sink cupboard, toilet roll holder, wall mirror with led light, panelled bath with glass screen and wall mounted handheld shower attachment and rainfall shower head.
3 bar ceiling spot light and air vent/ extractor. PARKING 1 x's allocated parking space.
COMMUNAL AREAS The communal lounge is set in the centre of the development looking over the beautiful landscaped gardens and terrace.
The development is accessible to all, with lifts to all three floors, onsite car park, refuse area, mobility scooter charging and storage facilities.
COMMUNAL GARDENS Patio area with seating overlooking the garden with well tended beds and borders. All outside spaces are maintained for you so all you need to do is take a seat and relax.
GUEST SUITE Book your friends or relatives into the guest suite for an over night stay (subject to availability), which has en-suite facilities.
AGENTS NOTE All details and measurements are approximate and are intended as a guide only.
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 Catherine Place, Melton Mowbray
Explore nearby
