Studio flat · LE13 1SG
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2977100. Basement Studio Flat with kitchen units, oven, hob, sink, fridge and extractor fan. There is a separate WC with toilet, sink and electric shower.
The flat is part of a block of flats which shares a communal laundry and car park. The landlord pays for the water bill so there will be an additional £20 to cover the water bill.
Council Tax band A, and EPC rating C. Total Studio Flat size 25 Sqm. Viewings available at weekends and possibly on Wednesday.
Summary Rent £500.00 per month Deposit / Bond is £519.23 Minimum tenancy is 6 months Maximum number of tenants is 2 Basement Studio Flat with kitchen units, oven, hob, sink, fridge and extractor fan.
There is a separate WC with toilet, sink and electric shower. The flat is part of a block of flats which shares a communal laundry and car park.
The landlord pays for the water bill so there will be an additional £20 to cover the water bill. Council Tax band A, and EPC rating C. Total Studio Flat size 25 Sqm.
Viewings available at weekends and possibly on Wednesday.
Summary Rent £500.00 per month Deposit / Bond is £519.23 Minimum tenancy is 6 months Maximum number of tenants is 2 Summary & Exclusions: - Rent Amount: £500.00 per month (£115.38 per week) - Deposit / Bond: £576.92 - 1 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 22 August 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: C If calling, please quote reference: 2977100 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Flat, Thorpe Road, Melton Mowbray
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