2-bedroom semi-detached house · LE14 3XW
Sold STCListed 119 days
Opportunity summary
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About
PROPERTY DESCRIPTION A great opportunity to get onto the housing ladder, offered at an 80% low cost price while owning 100% of the property. Two bedroom semi-detached house.
Situated in the heart of Asfordby the village has ample amenities to include a local primary school, doctors surgery, Co-Op store and the Crown pub.
There are regular bus services to Melton, Grantham, Loughborough and Leicester The accommodation on offer comprises: entrance hall, cloakroom, lounge and breakfast kitchen to the ground floor.
Two double bedrooms and a family bathroom to the first floor. Outside the property benefits from off road parking and a good sized, south facing rear garden.
ENTRANCE HALL Having stairs rising to the first floor landing, radiator, vinyl flooring and doors off to: CLOAKROOM 3' 1" x 6' 7" (.95m x 2.02m) Comprising of a dual flush WC, pedestal wash hand basin with tiled splash back, radiator, extractor fan and vinyl flooring.
LOUNGE 11' 1" x 14' 4" (3.38m x 4.38m) A well proportioned room with French doors to the patio and a side window with roller blind, providing excellent natural light..
TV aerial point, radiator and carpet flooring.
KITCHEN/BREAKFAST ROOM 14' 4" x 8' 6" (4.39m x 2.6m max) Fitted with a modern range of wall, base and drawer units with work surfaces and tiled splash backs, plus a stainless steel sink and drainer.
Integrated Bosch appliances include a dishwasher, washing machine, fridge, freezer, eye level oven and grill, and an induction hob with extractor hood.
A front facing window with roller blind provides natural light, and the room offers space for a breakfast table, TV aerial point, radiator, LED lighting and tiled flooring.
LANDING Having a window to the side, airing cupboard, radiator and doors off to: BEDROOM ONE 11' 1" x 14' 4" (3.39m x 4.37m) Generous double room having two rear facing windows, radiator and carpet flooring.
BATHROOM 5' 6" x 8' 3" (1.69m x 2.52m) Comprising a panel bath with shower over and a glazed shower screen, dual flush WC, heated towel and a pedestal wash hand basin.
Electric point, LED lighting, part tiled walls, extractor fan and vinyl flooring.
BEDROOM TWO 8' 5" x 14' 4" (2.59m x 4.37m) Another double room having two front facing windows, radiator, cupboard housing the central heating boiler and carpet flooring.
FRONT ASPECT Low maintenance gravel bed with shrubs to the boundary, paving to the front door with courtesy lighting and a storm porch.
A tandem driveway to the side provides off road parking and gated access to the rear garden REAR GARDEN A generous south facing garden enjoying sunshine throughout the day, with a paved patio beside the house and a handy garden tap.
Beyond this lies a neat formal lawn with a bark border, all enclosed by wood panel fencing. AGENTS NOTE TENURE Freehold.
Please note that any services, heating, systems or appliances have not been tested by Middletons, and no warranty can be given or implied as to their working order.
Fixtures and fittings other than those mentioned to be agreed with the Seller. All measurements are approximate and all floor plans are intended as a guide only.
SERVICE CHARGE There is a service charge to maintain the communal areas of £207.28 annually. This information was obtained from the seller.
LOW COST HOUSING SCHEME The property is being sold at 20% below the market value. This property is being sold with a "LOCAL CONNECTION" requirement.
Buyers will need to be approved by Melton Borough Council.
To qualify you should meet one of the following criteria:- (i) residence in the Borough of Melton for at least a 12-month period; or 3 years out of the last 5 years (ii) is permanently employed within the Borough of Melton (iii) at least one member of the household has a close family relative (parent, sibling, child, aunt, uncle, grandparent, including half and step) resident within the Borough of Melton Purchasers need to be earning less than £80,000 between them.
WHAT IS YOUR HOME WORTH? Whether you plan to sell or just want to know what your property is worth please call us on for a free no obligation valuation.
THIRD PARTY REFERRAL ARRANGEMENTS Middletons Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients.
As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request or visit middletons.uk.com/Referral-Fees
Value & comps
No previous sales on record.
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Archie refurb estimate: a Pro feature
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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.
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