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 work3-bedroom house · LE13 0RZ
Sold STCReduced £20k (−6.5%) on 26 OctListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a sought-after position at the top of Nottingham Road in Melton Mowbray , this beautifully presented three double bedroom detached family home offers modern living in a peaceful setting, with stunning open countryside views to the rear.
Built in 2020 and immaculately maintained throughout, the property is bright, spacious and ready to move straight into.
The property begins with a welcoming entrance hall, with the staircase to the left, a convenient downstairs WC and useful under-stairs storage.
To the front of the property is a generous and light-filled living room, providing the perfect space to relax and unwind.
To the rear is a spacious open-plan kitchen/diner, offering plenty of room for cooking, dining as well as entertaining.
The kitchen also offers additional storage and enjoys French doors opening onto the enclosed rear garden, filling the ground floor with natural light and creating the perfect space for modern family living.
The rear garden is mainly laid to lawn, making it ideal for families or simply enjoying the peaceful surroundings and beautiful countryside views.
Upstairs, the property offers three well-proportioned double bedrooms.
The principal bedroom is located at the front of the house and benefits from its own modern en-suite shower room, with beautiful views over the countryside.
Adjacent is the contemporary family bathroom, finished to a high standard. To the rear are two further spacious double bedrooms.
Externally, the property benefits from a tandem driveway providing off-road parking for multiple vehicles, together with a single garage.
Perfectly positioned on the edge of town, the property enjoys a quiet location whilst remaining just a short drive from the town centre and its wide range of amenities.
The popular Hilltop Farm café and farm shop is also within easy walking distance, offering a fantastic local destination for breakfast, lunch or shopping for local produce.
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
Agent & docs
FAQ
About Grange Close, Melton Mowbray, Leicestershire
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