2-bedroom terraced house · LE13 0QT
Sold STCListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Summary Description An exciting opportunity to acquire this well presented two bedroom bay fronted property which occupies a pleasant position within this well regarded and established residential area on the south side of town and is offered with no upward chain.
Entrance Hall Entrance via a part glazed front door with a window above, there are coved ceilings, a staircase leading up to the first floor landing and there are doors to: Lounge 12'0" 14'0" into bay x 11'7" A lovely room with a walk-in bay window to front, coved ceilings, ornamental fireplace and a fitted meter and fuse cupboard, Dining Room 12'2" x 11'7" A good sized dining room with a window to rear and a door way to: Fitted Kitchen 10'9" x 8'0" Window to rear, door to the cellar and there is a range of eye and base level units with roll top work surfaces and tiled splash backs, sink drainer unit, a gas cooker point, plumbing for a washing machine, space for a fridge or freezer, wall mounted 'Worcester' boiler and a window and a glazed door to: Breakfast/Sun Room 10'9" x 5'8" Window and a part glazed door to rear and there is power and light connected and space for a fridge or freezer.
Cellar 11'9" x 11'7" A useful area which has power and light connected.
First Floor Landing Two built-in over stairs cupboards and there are doors to: Bedroom One 12'0" x 11'7" A double bedroom with a window to front and a fitted cupboard.
Bedroom Two 12'2" x 8'4" A double bedroom with a window to rear.
Bathroom 8'4" x 8'0" Frosted window to rear, fitted cupboard and a three piece suite to comprise: Low flush WC, pedestal wash hand basin and a panelled bath with a shower and screen above, tiled splash backs and a loft hatch providing access to an insulated loft area.
Front A part paved and shingled area with hedging and which is enclosed by a dwarf wall.
South Facing Rear Garden A mainly grassed area with shrubs and a shingled area, side gated access to a shared side passage, there is courtesy lighting and the garden is mainly enclosed by garden wall and panelled fencing.
Situation This property occupies a pleasant position within a well established residential area on the south side of town which is convenient for the local convenience store, excellent Primary and Secondary schools as well as the Melton Vale Sixth Form College and the town centre.
Directions Proceed out of town along Burton Road (A606) for approximately one mile and then turn right into Craven Street and the property is approximately 50 yards on the right.
Property Services The property benefits from mains Electric & Gas. Water and drainage with Severn Trent. Broadband - Standard, Superfast & Ultrafast -see Ofcom checker for more details.
Broadband and Telephone is currently connected. 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
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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 Craven Street, Melton Mowbray
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