1-bedroom flat · LE13 0TU
Listing removedListed 174 days
Opportunity summary
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About
Property Summary Description An exciting opportunity to acquire this beautifully presented and much enhanced one bedroom ground floor flat ideally situated in the town centre and is offered with no upward chain.
Communal Entrance Hall Entered via glazed double doors with an intercom phone system, there is courtesy lighting and access to the communal paved area which in turn leads to the residents parking area, own door to: Entrance Hall 15'4" x 4'2" Intercom entry phone and there are doors to: Bedroom 10'2" x 9'7" narrowing to 9'3" A double bedroom with a sash window to front.
Shower Room 8'9" x 5'7" A white suite to comprise: Low flush WC, pedestal wash hand basin and a walk-in double shower cubicle, tiled splash backs, ceiling down lights and an extractor fan.
Lounge Area 13'8" x 12'3" narrowing to 11'8" Forming part of this open living area which has a sash window to front and access to: Fitted Kitchen Breakfast Room 14'3" x 7'0" narrowing to 5'7" An impressive range of eye and base level units with work surfaces and splash backs.
There is a sink drainer unit, an integrated oven, grill and an e electric hob with a stainless steel extractor fan hood, space for a fridge freezer, ceiling down lights and a door way to: Utility Room 5'7" x 3'6" A useful area which houses the fuses, the hot water cylinder and has plumbing for a washing machine.
Situation This property is ideally situated in the heart of the town centre and offers everything the town centre has to offer including the shops, cafe's, park, and train station to name but a few.
Property Services The property benefits from mains electric with Octopus Energy, water and drainage with Severn Trent. Broadband - Standard -see Ofcom checker for more details.
Broadband and Telephone is not currently connected. Mobile-see Ofcom checker for more details. Leasehold Information Leasehold G & O Properties Ltd, start date 01/01/2014 for 125 years.
Years remaining 111 years. Ground Rent £425.35 per annum and Service Charge £2603.04 per annum (2025).
Property Management Company is with Urban Point and Resident Management Company with Blue Property. Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
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
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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 Apartment 16, The George Hotel, High Street, Melton Mowbray
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