4-bedroom house · LE13 1NJ
For saleReduced £6k (−2.1%) on 21 JunListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the north side of town, just a short walk from Melton Country Park and John Ferneley College, this well-presented three-storey semi-detached home offers spacious and versatile accommodation.
Neutrally decorated throughout and benefiting from uPVC double glazing and gas central heating, the property comprises an entrance hall, cloakroom WC, living room to the rear and a generous dining kitchen, three bedrooms to the first floor and a family bathroom, further main bedroom with En-suite to the second floor.
Entering through the front door, the hallway features carpeted flooring, stairs to the first floor and access to the cloakroom WC fitted with WC and wash hand basin.
The spacious living room sits to the rear with a window and French doors opening onto the garden, neutral carpets and media points.
The dining kitchen, positioned at the front, offers a bay window, a range of wall and base units, worktops, splashbacks, sink and drainer, integrated oven and gas hob with stainless steel splashback and extractor, plus space and plumbing for a washing machine, dishwasher and fridge freezer, as well as room for a dining table.
The first floor hosts three good sized bedrooms and a family bathroom, with further stairs rising to the main bedroom on the second floor.
This top-floor suite includes a front-facing window, two skylights, eaves storage and a contemporary en-suite shower room.
Externally, the property benefits from being in an off road quiet location, driveway to the side providing parking for two vehicles and a private enclosed rear garden featuring a patio area, lawned garden and well stocked borders.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 5, Discovery Drive, Melton Mowbray
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