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See how verdicts work2-bedroom terraced house · LE13 1LF
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Summary Description A rare and exciting opportunity to acquire this two double bedroom end terrace property which is offered on a 50% Shared Ownership Basis and occupies a cul de sac position on the north side of town.
Entrance Hall Entrance via a part glazed front door, built-in cloaks cupboard, archway to the kitchen, door to the lounge dining room and a door to: WC Frosted window to front and a two piece suite to comprise: Low flush WC and a wash hand basin with tiled splash backs and an extractor fan.
Fitted Kitchen 8'0" x 6'2" Window to front and a range of eye and base level unit with roll top work surfaces and tiled splash backs, there is a sink drainer unit, a gas cooker point, plumbing for a washing machine, space for a fridge freezer and a wall mounted and concealed boiler.
Lounge Dining Room 14'8" x 12'9" An open plan room which has glazed french doors to rear and a staircase leading up to the first floor landing.
First Floor Landing Doors to: Bedroom One 12'9" x 8'0" A double bedroom with a window to front. Bedroom Two 12'9" x 8'0" A double bedroom with a window to rear.
Bathroom 6'4" x 6'4" Frosted window to side and a three piece suite to comprise: Low flush WC, pedestal wash hand basin and a panelled bath with an independent shower above, tiled splash backs, shaver points and an extractor fan.
Rear Garden A well tended garden which is mainly laid to lawn with shrubs, a vegetable patch, patio area benefitting from courtesy lighting, side gated access and there are two wooden sheds and a wooden summer house and the garden is mainly enclosed by panelled fencing.
Front Tarmac drive for two to three cars and there is a small lawn area with shrubs, courtesy lighting and side gated access to the rear garden.
Situation This property occupies a cul de sac position on the north side of town, convenient for Melton Country Park, the town centre and excellent schooling to include: John Ferneley Academy, Brownlow, The Grove and St Mary's Primary Schools.
Directions Proceed out of town along the Nottingham Road (A606) for approximately 1 mile, then turn right into Dieppe Way and then take the second left turn into Russet Way and then the first right turn into Bramley Close and the property is on the left.
Rent & Service Charges Rent is currently £220.00 paid monthly to Platform Housing for the remaining 50% ownership. A monthly service charge of £47.58, this includes the monthly buildings insurance.
Lease granted on 01/04/2008 for a term of 99 years. There are currently 82 years remaining on the lease. There are no local connections required.
No restrictions, staircasing to 100% is permitted whereby the Freehold will be transferred, however there will be ongoing charges.
Please note, the buyer(s) will need to complete a Platform application form and be referred to Metro Finance for an affordability assessment before any sale can be agreed.
Property Services/Extra Information The property benefits from mains electric, gas with E-On, water and drainage with Severn Trent.
Broadband - Standard and Superfast & Ultrafast -see Ofcom checker for more details. Broadband connected and Telephone is currently connected with Sky. Mobile-see Ofcom checker for more details.
Please note: Probate property. probate has been granted on 24th September 2025. Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
Third Party Referral Arrangements Third Party Referral Arrangements - Mike Ford Estate Agents & Valuers have established professional relationships with third-party suppliers for the provision of services to Clients.
As renumeration for this professional relationship, the agent receives referral commission from the third-party companies.
Details are available upon request at Disclaimer Although Mike Ford Estate Agents & Valuers Ltd believe these details to be fair and accurate description of the property their accuracy cannot be guaranteed and they do not form part of any contract.
Prospective buyers should satisfy themselves as to the property's suitability and make their own enquires before making any financial commitment.
Only the fixtures and fittings described in these details are included in the selling price.
Mike Ford Estate Agents & Valuers Ltd has not checked they are fit for purpose and we have not tested any of the services (gas, electricity, water, drains and so on) mentioned.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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 Bramley Close, Melton Mowbray
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