1-bedroom flat · LE4 8BD
For saleReduced £5k (−7.1%) on 7 OctListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this one bedroom ground floor flat is an ideal opportunity for first time buyers or investors seeking a low-maintenance property in a desirable village location.
The accommodation is thoughtfully arranged, featuring a bright and inviting open plan living area that seamlessly combines space for both relaxation and dining, complemented by a modern fitted kitchen with ample storage and worktop space.
The double bedroom benefits from a fitted wardrobe, providing practical storage solutions while maintaining a sense of openness and comfort.
The contemporary shower room is finished with neutral tiling and quality fixtures, ensuring a fresh and functional space.
Additional features include double glazing throughout, gas central heating, and secure entry for peace of mind.
An allocated parking space is provided for the property, offering convenience for residents and visitors alike.
The flat is situated within easy reach of local amenities, including shops, cafes, and essential services, while also benefiting from excellent transport links with straightforward access to the outer ring roads, making commuting to nearby towns and the city centre both quick and convenient.
This property represents a superb choice for those looking to step onto the property ladder or add to their investment portfolio, combining modern living with a sought-after village setting.
Early viewing is highly recommended to fully appreciate the quality and convenience on offer.
EPC Rating: C Hallway Front door, ceiling light point, radiator, laminate wood flooring and doors leading to open plan living area, bedroom and shower room.
Open Plan Living Area Three ceiling light points and spot light, 2 double glazed windows, 2 radiators, phone entry system, storage cupboard, tv & bt points, laminate wood flooring, fully fitted kitchen offering base and wall cupboards, worktop with sink and drainer, hot and cold mixer tap over, extractor fan, gas hob, electric oven and plumbing for washing machine.
Bedroom Ceiling light point, double glazed window, radiator and fitted wardrobe.
Shower Room Ceiling light point, extractor fan, radiator, tiled flooring, a 3 piece suite comprising of shower with electric shower over, wash hand basin and a low level flush toilet.
Parking - Allocated Parking 1 Allocated Parking Space
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
Agent & docs
FAQ
About Flat 1, 748 Melton Road, Leicester
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