2-bedroom terraced house · LE13 1QU
Sold STCReduced £15k (−12%) on 21 MayListed 184 days
Opportunity summary
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About
Property Summary Description An excellent opportunity to acquire this two bedroom period property in need of updating and which occupies a pleasant position within this well established residential area and is offered with no upward chain.
Lounge 11'0" x 10'9" Entrance via a hardwood panelled front door with a window above, there is a window to front and an open fireplace with a tiled hearth and mantel, door to: Dining Room 15'0" 17'9" into staircase narrowing to 11'0" x 11'0" Window to rear, window to side, door to the staircase which has an under stairs cupboard which houses the meters and fuses, there is an open fireplace with a stone hearth and mantel and a sliding door to: Kitchen 7'9" x 5'10" Window to side and a range of eye and base level units with roll top work surfaces and tiled splash backs.
There is a sink drainer unit, cooker point, plumbing for a washing machine, space for a fridge freezer and a door way to: Inner Hall Part glazed door to side and a sliding door to: Shower Room 4'4" x 4'2" Frosted window to side and a two piece suite to comprise: Low flush WC and an independent shower and tray with tiled splash backs.
First Floor Landing Loft hatch providing access to an insulated loft area, doors to: Bedroom One 10'9" x 10'2" into wardrobes A double bedroom with a window to front and a range of fitted wardrobes, cupboards and dresser along one wall.
Bedroom Two 11'0" x 10'9" A double bedroom with a window to rear and a built-in over stairs cupboard and a door to: Bathroom 11'9" x 6'0" Frosted window to rear, fitted airing cupboard which houses the hot and cold water tanks.
There is a three piece suite to comprise: Low flush WC, pedestal wash hand basin and a panelled bath with tiled splash backs and a wall heater.
Courtyard & Rear Garden There is a walled courtyard with gated access to a shared path which provides gated access to the front of the property and to an independently owned garden which has a variety of well established and stocked flowers, shrubs and hedging and there is a wooden shed, all mainly enclosed by panelled fencing.
Situation This property is ideally situated on the north side of town within this popular and well established residential area and is convenient for the Brownlow Primary School, John Ferneley College, The Country Park, Tesco's Supermarket and the town centre.
Directions Proceed out of town along the Thorpe Road (A607) and then take the second left turn into Salisbury Avenue and the property is approximately 50 yards on the right.
Property Services/Extra Information The property benefits from mains electric, water and drainage. There is no gas connected. No heating at the property.
Broadband - Standard and Superfast and Ultrafast -see Ofcom checker for more details. No Broadband or Telephone connected. Mobile-see Ofcom checker for more details.
P/N: The property is being sold by Solicitors. Sold as seen. The application for the Grant of Letters of Administration with Will annexed has been submitted 22/04/2026.
The property is not registered with land registry. Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
Third Party Referral Arrangements Third Party Referral Arrangements - Mike Ford Estate Agents & Valuers have established professional relationships with third-party suppliers for the provision of services to Clients.
As renumeration for this professional relationship, the agent receives referral commission from the third-party companies.
Details are available upon request at Disclaimer Although Mike Ford Estate Agents & Valuers Ltd believe these details to be fair and accurate description of the property their accuracy cannot be guaranteed and they do not form part of any contract.
Prospective buyers should satisfy themselves as to the property's suitability and make their own enquires before making any financial commitment.
Only the fixtures and fittings described in these details are included in the selling price.
Mike Ford Estate Agents & Valuers Ltd has not checked they are fit for purpose and we have not tested any of the services (gas, electricity, water, drains and so on) mentioned.
Value & comps
No previous sales on record.
Returns
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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 Salisbury Avenue, Melton Mowbray
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