3-bedroom detached house · LE13 1TG
Listing removedListed 106 days · slow let
Opportunity summary
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About
A well presented and spacious three bedroom detached house located on a popular residential road within walking distance to the town centre and country park.
The property comprises of entrance hall, WC, sitting room, dining room, breakfast kitchen, large garage/store area and upstairs there is three bedrooms and a shower room.
Outside there is a low maintenance rear garden and to the front a gravelled garden and driveway/car port with off road parking for 2 cars.
The property has gas fired heating, uPVC double glazing and a modern kitchen and shower room.
Summary - Hallway : Entered via uPVC door with stairs to first floor landing, laminate flooring, radiator and door to WC. WC : with low flush WC and sink.
Sitting Room : A large room with 2 radiators and laminate flooring.
Breakfast Kitchen : with space for table and a range of modern eye and base level units, laminate worktops, radiator, integrated oven and hob, stainless steel extractor fan, space for fridge, stainless steel sink and door to rear lobby with storage cupboard with plumbing for washing machine (water supply to other side of wall).
Garage/Workshop/Store : a large space wtih radiator, gas boiler and door to garden. Dining Room : with 2 radiators and sliding aluminium doors to garden.
Landing : with doors to bedrooms and shower room. Bedroom One : A double bedroom with inbuilt wardrobes, radiator and seperate dressing room area with radiator.
Shower Room : with low flush WC, sink, radiator, shower, tiled floors and walls. Bedroom Two : a single bedroom with radiator and built in wardrobes.
Bedroom Three : a single bedroom with radiator and built in wardrobes. Outside : With driveway to the front and car port.
To the rear there is a low maintenance rear garden and potting shed/lean to (this is not guaranteed to be watertight so should not be used for storage of valuable items).
Important Tenancy Information - The Property is UNFURNISHED to include some blinds only. INTERNET : ADSL and Fiber broadband available. Council Tax : Melton Borough Council : Band D.
Deposit : £1,326 Term : An assured periodic tenancy is offered. Services : Mains electricity, water, drainage and gas. VIEWINGS : Strictly by appointment with Shouler & Son only.
EPC : D rating VIEWINGS : Strictly by appointment with Shouler & Son only. Holding Deposit : Equivalent of one weeks rent inc VAT.
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
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Elgin Drive, Melton Mowbray
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