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See how verdicts work5-bedroom terraced house · LE4 7PG
For saleReduced £26k (−8%) on 29 SepListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Rathods proudly presents this spacious and versatile five-bedroom mid-terrace property, ideally situated in a highly sought-after residential area on Melton Road.
Offering generous accommodation arranged over three floors, this substantial family home provides excellent living space and is ideally suited to larger families or buyers looking for flexible accommodation.
The property is conveniently positioned close to a range of local shops, schools and everyday amenities.
Excellent public transport links are also readily available, providing convenient access to Leicester City Centre and surrounding areas.
The combination of its desirable location, generous accommodation and practical layout makes this an attractive opportunity for a wide range of buyers.
Upon entering the property, the ground floor comprises a welcoming lounge, providing a comfortable space for relaxation and entertaining.
There is also a separate living room, offering additional versatile reception space for family use.
To the rear is a practical kitchen, providing a suitable area for preparing and enjoying everyday meals.
A useful lobby provides access to the rear of the property, while a bathroom completes the ground-floor accommodation.
The first floor provides three well-proportioned bedrooms, offering comfortable accommodation for family members, guests or those requiring additional space for a home office or study.
The generous layout provides flexibility to suit a variety of lifestyle requirements. The second floor offers a further two bedrooms, bringing the total to five bedrooms.
This additional level provides excellent flexibility and could be particularly suitable for older children, guests or those seeking private accommodation away from the main living areas.
A further bathroom is also located on this floor for added convenience.
Externally, the property benefits from a rear garden featuring a slabbed patio area, providing an ideal space for outdoor dining, entertaining or relaxing during the warmer months.
The garden also benefits from an outbuilding, offering useful additional storage or potential for a variety of uses, subject to any necessary permissions.
The property benefits from full gas central heating and full double glazing, providing comfort and efficiency throughout the year.
The property is offered as Freehold and falls within Council Tax Band A. The EPC rating is currently to be confirmed (tbc).
Overall, this impressive five-bedroom mid-terrace home offers spacious and versatile accommodation arranged over three floors, together with a convenient location close to local amenities, schools and transport links.
With two reception rooms, a kitchen, three bathrooms, five bedrooms and a useful rear garden with outbuilding, the property provides excellent flexibility for modern family living.
Early viewing is highly recommended to fully appreciate the size, layout, location and potential this substantial family home has to offer.
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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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
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FAQ
About 240 Melton Road, Leicester
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