4-bedroom detached house · LE14 3QG
Listing removedReduced £50k (−7.1%) on 21 JunListed 397 days
Opportunity summary
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About
Royston and Lund are delighted to offer to the market this three/four bedroom detached family home in Hickling Pastures.
The property itself has been immaculately presented and modernised throughout, with a flowing open plan feel to the ground floor and a range of high quality fixtures and fittings.
The property has previously had planning permission granted for a single story dwelling to be added in the grounds of the property.
In brief the ground floor consists of a generous size dining room with front aspect bay window letting in lots of natural light which then opens up into the living room which then further more grants access to the rear of the property via French doors.
The generous kitchen contains integrated appliances including an oven, a hob and extractor fan with room to add freestanding appliances, The kitchen area also provides access to a conservatory room perfect for relaxation.
Finishing off the ground floor there is a far larger than average sized utility/boot room and downstairs WC for added convenience, as well as a further sitting room To the first floor there are four well proportioned double bedrooms, the main bedroom is an ample size and has the benefit on an en-suite shower room.
The remaining bedrooms share an impressive five piece suite bathroom consisting of separate bath and shower along with wash basin, WC and bidet.
Facing the property, there are gates to the front making the property slightly set back from the road.
To the side aspect of the property there is impressive driveway wrapping around to the rear, making parking easy to due to a generous space and also having the convenience of large wooden double carport for covered parking.
The rear of the property has outdoor seating, perfect for the summer months and the lawn space stretches back roughly giving you circa 0.5 acre of land.
Hickling Pastures is located just off the A46 providing easy access to Nottingham, Leicester, Melton Mowbray, Grantham and Newark with the M1 and East Midlands Airport a short drive away.
The village of Hickling offers a village Pub, 'The Plough' as well as 'The Wharf Tea Rooms'. The neighbouring village of Kinoulton benefits from a highly coveted Primary School.
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
FAQ
About Lea Cottage, Melton Road, Melton Mowbray
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