2-bedroom terraced house · LE13 1NP
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two bedroomed end terrace home positioned on a highly sought after development on the north side of Melton Mowbray, ideally located close to reputable schools and within easy walking distance of Melton Country Park.
Offered for sale with no onward chain, the property is ideal for first time buyers, downsizers, or investors alike.
The accommodation comprises an entrance hallway, cloakroom with WC, a modern fully fitted kitchen, and a spacious lounge/dining room overlooking the rear garden.
To the first floor are two well-proportioned bedrooms and a family bathroom. The property further benefits from uPVC double glazing and gas fired central heating throughout.
Externally, the property offers off road parking for two vehicles to the front.
To the rear is a private, enclosed garden with gated access, providing an ideal space for outdoor entertaining and family use.
Location Melton Mowbray is a thriving market town offering excellent local shopping and schooling facilities with the added benefit of being within easy commuting distance of the surrounding centres of Leicester, Nottingham, Loughborough, Grantham, Oakham and Stamford.
Superb private schooling is available at nearby Oakham in addition to the Loughborough Endowed Schools, Ratcliffe College and Leicester Grammar School.
The town is situated on the Leicester/Peterborough/Stansted railway with an excellent intercity service to London available from both Grantham and Leicester (approximately 1 hour).
Entrance Hallway uPVC front door leading into entrance hallway, ceiling light pendant and doors into: Downstairs WC A two piece white suite comprising a low level WC and wash hand basin, radiator, extractor fan and ceiling light point.
Kitchen With a range of matching wall and base units, integrated electric oven with gas hob and extractor over, space for fridge/freezer, space for washing machine, stainless steel sink and drainer with mixer tap over, uPVC double glazed window to the front elevation and ceiling light point.
Living/Dining Room With uPVC double glazed French doors leading out onto the rear garden, radiator, ceiling light pendant and stairs rising to the first floor landing.
First Floor Landing With access into: Bedroom One A spacious double bedroom with a uPVC double glazed window to the rear elevation, walk-in wardrobe, radiator and ceiling light pendant.
Bedroom Two With a uPVC double glazed window to the front elevation, radiator and ceiling light pendant.
Bathroom A three piece white suite comprising a low level WC, wash hand basin and bath with shower over and shower screen, partly tiled walls, radiator, extractor fan and uPVC double glazed frosted window to the front elevation.
Outside To the front is parking for two vehicles. To the rear a low maintenance fully enclosed garden with gated access.
Services & Miscellaneous It is our understanding that the property is connected to mains gas, water, electricity and drainage.
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode
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.
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FAQ
About Culture Close, Melton Mowbray, Leicestershire
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