3-bedroom bungalow · LE13 1RY
Listing removedListed 118 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This renovated detached bungalow is located in a desirable residential area near Melton Country Park.
The property features an entrance hall, open plan living/dining/kitchen space, utility room, conservatory, three bedrooms (one with an en-suite), and a separate shower room.
The property also has a detached garage, ample off-road parking and a low-maintenance rear garden with shed.
EPC Rating: C Living/Dining Room 7.01m x 4.29m Kitchen Area 3.38m x 2.46m Utility Room 2.77m x 1.85m Conservatory 3.05m x 2.44m Bedroom One 4.27m x 3.05m En-suite Shower 2.16m x 1.85m Bedroom Two 2.77m x 1.83m Bedroom Three 3.35m x 1.85m Shower Room 3.35m x 0.91m Garage 6.43m x 2.44m
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
Agent & docs
FAQ
About Ferneley Crescent, Melton Mowbray, LE13
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