2-bedroom house · LE14 3SG
For saleReduced £10k (−5.4%) on 12 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully maintained two-bedroom home in the village of Asfordby offers spacious accommodation, stylish presentation and a wonderful rear garden, making it an ideal choice for first-time buyers, downsizers or investors.
Ground Floor Entering through the part-glazed uPVC front door, you step into the entrance hall.
A window to the front and laminate flooring lead through a square archway into the impressive lounge, tastefully decorated and featuring laminate wood-effect flooring, a vertical radiator, a standard radiator, and an under-stairs storage cupboard.
Stairs rise to the first floor. To the rear sits the generous 15 ft kitchen/diner, offering excellent space for cooking, dining and socialising.
Fitted with a range of eye-level and base units, butcher’s block effect worktops, tiled flooring and splashbacks, the kitchen includes an integrated electric grill and oven, gas hob and extractor.
There is space and plumbing for a washing machine, dishwasher and fridge freezer. French doors and a uPVC window flood the room with natural light and open directly onto the rear garden.
First Floor The landing provides access to both bedrooms and the bathroom, along with a loft hatch.
Bedroom One, A spacious double bedroom with carpeted flooring, radiator, TV aerial socket, a small built-in cupboard and a uPVC window to the front.
Bedroom Two, A comfortable single bedroom with carpeted flooring, radiator and a uPVC window overlooking the rear garden.
Bathroom, beautifully presented with tiled flooring, partly tiled walls, a panelled bath, mains-fed shower with rise-and-fall shower head, pedestal wash hand basin, low flush WC and a heated towel rail.
A uPVC window provides natural light and ventilation.
Outside The property boasts a private partially walled rear garden featuring a paved patio area, lawn, mature shrub borders and a brick-built outbuilding at the bottom of the garden.
There is also an outside tap and courtesy lighting, creating a lovely space for relaxing or entertaining.
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
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FAQ
About 5, New Street, Melton Mowbray
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