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See how verdicts work3-bedroom bungalow · LE13 0RF
For saleReduced £25k (−5.9%) on 25 OctListed 296 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet cul-de-sac on the South side of town, this exceptional detached dormer bungalow has been extended and renovated to create spacious accommodation comprising, a living room, superb dining kitchen, two double bedrooms and a four piece bathroom on the ground floor.
A further double bedroom, a walk-in wardrobe and en-suite bathroom on the first floor, and there is a driveway leading to a single garage and an enclosed rear garden.
Accessed via the front door into the entrance porch with windows to the front and side aspects and door leading into the spacious living room, a walk-in bay window to the front and a further window to the side, a feature wall mounted electric fire and stairs rising to the first floor.
Door off to a stunning dining kitchen which is fitted with a good range of wall and base units, complementary work tops, sink and drainer, tiled splashbacks, a Range cooker, an extractor hood above, integral appliances, space for a freestanding 'American' style fridge freezer, a peninsula island with a breakfast bar, tiled floor, spotlighting to the ceiling, space for table and chairs, a window to the side aspect and a further window and door to the rear.
From the living room is access to two double bedrooms and a contemporary family bathroom with a four piece white suite comprising a low flush WC, wash hand basin set in a vanity unit with a cupboard below, freestanding bath and a 'walk-in' shower cubicle, tiling to wet areas and spotlighting to the ceiling.
Stairs rising to a further double bedroom with a Velux skylight, a walk-in wardrobe and an en-suite shower room. There is a large loft space ideal for storage with two Velux skylight windows.
Outside to the front is a gravelled area providing off-road parking leading to a single garage with an up and over door, power and light and courtesy door to the rear.
There is access to an enclosed rear garden with a paved patio seating area, steps up to the majority laid to lawn with brick walling to the boundaries.
EPC Rating: D Living Room 5.86m x 7.06m Dining Kitchen 4.71m x 8.19m Bedroom One 3.54m x 4.07m Bedroom Two 3.07m x 3.79m Bathroom 2.48m x 3.78m First Floor Bedroom Three 3.53m x 5.07m
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Gartree Court, Melton Mowbray
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