We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LE13 0TN
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Summary Description A well presented two bedroom property which occupies a pleasant cul de sac position within this popular residential area on the south side of town and is offered with no upward chain.
Entrance Porch Entrance via a part glazed front door with a frosted side window, built-in cloaks cupboard and a part glazed door to: Entrance Hall 9'7" x 6'0" into staircase Staircase leading up to the first floor landing and part glazed doors to: Fitted Kitchen 9'8" x 5'9" Window to front and a range of eye and base level units with roll top work surfaces and tiled splash backs.
There is a sink drainer unit, integrated oven, grill and a gas hob with a stainless steel extractor fan hood, plumbing for a washing machine, space for a fridge freezer and a wall mounted 'Baxi' boiler.
Lounge Dining Room 14'6" x 12'4" into cupboard An L-Shaped room with glazed French doors to the rear garden and there is a built-in under stairs cupboard and a wall mounted electric fire.
First Floor Landing Built-in airing cupboard which houses the hot water cylinder and there is a loft hatch with a pull down ladder providing access to a part boarded and insulated loft area, doors to: Bedroom One 12'4" x 11'8" narrowing to 9'9" A double bedroom with a window to rear and a range of fitted wardrobes, cupboards, drawers and a dresser along two walls.
Bedroom Two 10'0" 12'8" into wardrobe x 5'9" Window to front and a built-in wardrobe.
Shower Room 6'2" x 5'9" Frosted window to front and a three piece suite to comprise: Low flush WC, pedestal wash hand basin and an independent shower cubicle, tiled splash backs and an extractor fan.
Front Mainly paved with shingled borders and courtesy lighting.
Rear Garden Well tended and low maintenance garden which is mainly shingled with a decked area with courtesy lighting, gated access to the drive and the garden is mainly enclosed by panelled fencing.
Drive Drive for two to three cars. Property Services The property benefits from mains electric, gas with Octopus, water and drainage with Severn Trent.
Broadband - Standard and Superfast & Ultrafast -see Ofcom checker for more details. Broadband currently connected with BT. Mobile-see Ofcom checker for more details.
Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
Third Party Referral Arrangements Mike Ford Estate Agents & Valuers Ltd have established professional relationships with third-party suppliers for the provision of services to clients.
As remuneration for this professional relationship, the agent receives referral commission from 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About Lodge Close, Melton Mowbray
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