2-bedroom bungalow · LE14 3HD
To rentReduced £55 (−4.1%) on 15 OctListed 143 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Limes Bungalow offers a rare opportunity to reside in a TWO bedroom detached bungalow in a secluded location with a 0.80 acre paddock.
The entire plot inclusive of house and gardens totals 1.07 acres and benefits from gas fired heating, double glazing and a modern kitchen and bathroom.
The property is situated in the sought after village of Nether Broughton with good links to A46 and Nottingham. There is a gated gravelled driveway to the front with gardens to three sides.
The paddock is situated to the side of the property and would be ideal for someone with no more than two horses.
Summary - ENTRANCE HALL : Entered via door with radiator, loft hatch and airing cupboard.
KITCHEN/DINER : (2.95 x 4.83m) Comprising of a range of shaker style eye and base level units, solid oak worktops, integrated fridge, integrated freezer, freestanding dishwasher (not to be maintained or replaced by landlord), ceramic sink with chrome tap, space for washing machine, freestanding electric oven, extractor fan, radiator, wood effect vinyl flooring and ceiling downlights.
SITTING ROOM : (5.48 x 3.67m) A spacious room with radiator, ornamental brick fire surround (fire not in service), double doors opening to garden.
BATHROOM : With low flush WC, panelled bath, heated towel rail, wood effect vinyl flooring. BEDROOM ONE : (2.97 x 3.38m ) A double bedroom with radiator.
BEDROOM TWO : (2.98 x 2.77m) A double bedroom with radiator. SHOWER ROOM : A modern suite with large shower enclosure, ceramic sink, heated towel rail and wood effecy vinyl flooring.
OUTSIDE : Gated driveway with off street parking for several cars, large lawned gardens. PADDOCK : Adjoining paddock land totalling 0.8 acres ideal for grazing.
No stabling provided however a tenant could look to install a mobile timber horse stable should they wish.
No water supply to paddock however a trough could be filled up using water from the residence.
Location - To locate the property from Melton take Nottingham Road out of Melton and proceed through Ab Kettelby, proceed down Broughton Hill and then bare right around the bend, take the second turning on your right into Middle Lane.
Bare right around the bend and then turn immediately left into Limes Farm entrance and then left again into a small gravelled driveway. The bungalow can be found at the end of the driveway.
Important Tenancy Information - The Property Is UNFURNISHED to include carpets and curtains only. Council Tax : MBC : Band D. Deposit : £1,609 Term : An assured periodic tenancy is offered.
Services : Mains electricity, gas, water and drainage. EPC : D. Internet : ADSL and satellite internet available. Viewings : Strictly by appointment with Shouler & Son.
Holding Deposit : Equivalent of one weeks rent inc VAT. Restrictions: No business use. Two horses only are permitted to be kept and grazed within the paddock at any one time.
Flood/Erosion Risk: None to report. Planning Permissions : None to report. Please consult with Accessibility: Ground floor. Construction: Brick under tile roof.
Relevant letting fees and tenant protection information As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments Before the tenancy starts (payable to Shouler & Son Surveyors the Agent ) Holding Deposit: 1 weeks rent Deposit: A sum equivalent to 5 weeks rent During the tenancy (payable to the Agent) Payment of up to £50.00 if you want to change the tenancy agreement Payment of interest for the late payment of rent at a rate of 3% above the Lloyds Bank Base Interest Rate Payment of £50.00 for the reasonably incurred costs for the loss of keys/security devices Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy (two months rent if looking to vacate within the fixed term) During the tenancy (payable to the provider) if permitted and applicable Utilities gas, electricity, water Communications telephone and broadband Installation of cable/satellite Subscription to cable/satellite supplier Television licence Council Tax Other permitted payments Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tenant protection Member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agent s website or by contacting the agent directly.
Deposits are held in an insured scheme via the tenancy deposit scheme. Disclaimer - TENANT FEES Upfront Applicant and Referencing Fees - Nil.
Under the Tenant Fees Act 2019 before the tenancy starts the following are payable: - Deposit: 5 weeks rent (for annual rents up to £50,000).
Initial monthly rent During the tenancy the tenant(s) are responsible for the rent, all utilities, telephone and internet connections and their relevant subscriptions, television licence and Council Tax.
Under the new legislation, permitted payments will also include, but are not limited to, damage as outlined in the Tenancy Agreement, reasonable costs incurred due to loss of keys and security devices, reasonable costs incurred by breach of tenancy by the tenant(s), reasonable costs incurred by the landlord due to early termination of the tenancy as determined by the Tenant Fees Act 2019.
Property Redress REDRESS: Shouler & Son are a member of UK ALA (The UK Association of Letting Agents) which includes an independent redress scheme and client money protection.
For more information about UK ALA please see the following link: Client Money Protection We have client money protection. The name of our scheme is: UKALA (UK Association of Letting Agents).
We produce property particulars in good faith and believe them to be correct. We generally rely on what we are told without obtaining proof.
You should verify for yourself such information before entering into a contract to take this property.
Neither Shouler & Son nor their clients guarantee accuracy of the particulars, and they are not intended to form any part of a contract.
No person in the employment of Shouler & Son has authority to give any representation or warranty in respect of this property.
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
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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 LIMES BUNGALOW, MIDDLE LANE, NETHER BROUGHTON
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