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See how verdicts work2-bedroom flat · LE13 0TU
Sold STCListed 347 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ABOUT THE PROPERTY Available with no onward chain, this is an excellent opportunity for first-time buyers or investors.
Two double-bedroom first-floor apartment located in a converted Grade II listed 17th-century coaching inn in the heart of Melton Mowbray.
Ideal for those wishing to be central to the town with amenities on the doorstep. Secured communal entrance lobby with post boxes and door off to the stairwell.
The accommodation on offer comprises; entrance hall, lounge, kitchen, two double-bedrooms and a bathroom.
KITCHEN/BREAKFAST ROOM 10' 10" x 9' 8" (3.32m x 2.97m) Separate kitchen/breakfast room having a side facing window, fitted with wall, base and drawer units topped with work surfaces, tiled splash backs and a stainless steel sink and drainer unit.
Integrated appliances comprise of fridge/freezer, electric cooker, hob with extractor hood above.
Separate built in cupboard housing the electric boiler and with space and plumbing for a washing machine.
LOUNGE 15' 5" x 10' 5" (4.72m x 3.2m) A spacious room having a front facing sash window, electric radiator, TV aerial point and carpet flooring.
BEDROOM ONE 11' 10" x 10' 5" (3.63m x 3.2m) Good sized double bedroom having a front facing window, electric radiator and carpet flooring.
BEDROOM TWO 11' 1" x 9' 8" (3.38m x 2.97m) Another good sized double bedroom having a front facing window, electric radiator and carpet flooring.
BATHROOM 7' 8" x 5' 2" (2.36m x 1.6m) Comprising of a panel bath with over head shower and glazed shower screen, low flush WC and a heated towel rail. Tiled splash areas and flooring.
LEASE DETAILS The property is leasehold. Lease 125 years from 01/01/2014. Ground rent - £401.35 per year, Service charge - £2,603.04 (approx.) per year. AGENTS NOTE TENURE Leasehold.
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. 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.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 High Street, The George Hotel
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