2-bedroom house · LE13 0LT
Sold STCListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chain-free first-floor apartment on the fringes of Melton Mowbray. Features include spacious open-plan living, two bedrooms (master with EN-SUITE), and allocated parking.
A great opportunity for first-time buyers or investors. Must be viewed! Description - Welcome to this two-bedroom first-floor apartment, a fantastic opportunity for a first-time buyer or investor.
Offered with no onward chain, this property provides a smooth and stress-free buying process.
Located on the fringes of Melton Mowbray, the apartment is perfectly positioned for those who value easy access to local amenities while benefiting from a quieter, more residential setting.
The heart of this home is the spacious living room, which flows seamlessly into the modern kitchen, creating a bright and sociable open-plan area.
The kitchen is well-appointed with a range of wall and base units and space for appliances, making it a practical and functional space. The apartment offers two good-sized bedrooms.
The principal bedroom is a genuine highlight, featuring the convenience of its own private en-suite shower room. A separate family bathroom with a full-size bath serves the second bedroom and guests.
The property benefits from an electric heating system and double-glazed windows throughout, ensuring a comfortable and energy-efficient living environment.
Outside, residents can enjoy the well-kept communal gardens, which provide a pleasant outdoor space.
The property also comes with an allocated parking space and additional visitor parking, a significant advantage in this sought-after area.
This apartment is an excellent opportunity to acquire a well-presented, chain-free property in a highly desirable and connected location.
Agents Note - There are additional costs associated with this property by way of an annual ground rent of £298.62 payable to Estates and Management and a monthly service charge of £182.28 payable to Premier Estates.
The lease is 155 years from 01/07/2004.
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 Buttermere Close, Melton Mowbray
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