5-bedroom detached house · LE13 0NT
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Approached via a private tree-lined driveway from Nottingham Road, Penarth occupies approximately one acre of mature grounds, offering a level of privacy and space rarely available in Melton Mowbray.
Extending to almost 2,400 sq ft, this substantial detached residence offers five double bedrooms, three reception rooms and a detached double garage, with plenty of period character throughout, believed to date from around 1910, including partially beamed ceilings, an original tiled fireplace, an array of leaded windows and an open staircase.
Previously let as an HMO, the property is now in need of modernisation and improvement, and would benefit from a programme of updating throughout.
For the right buyer, that is precisely the appeal: a house of real proportion and presence, on a plot of genuine size, with the scope to be brought back as an exceptional family home.
The accommodation opens into a welcoming living room, with its original tiled fireplace and open staircase leading to the first floor.
The ground floor continues with a generous sitting room to the front, a separate dining room ideal for entertaining, and a long kitchen/breakfast room with fitted units to both sides and ample space for a family dining table.
Adjoining this is a utility room, two useful stores and a garden room overlooking the grounds, while a full ground floor shower room lends itself particularly well to multi-generational living or guest accommodation.
To the first floor, five well-proportioned double bedrooms are arranged off the landing, all comfortably able to take a double bed and furniture, complemented by a shower room and a separate WC.
Ample built-in storage is found throughout, a practical advantage that becomes clear the moment you walk round.
Externally, the grounds extend to all sides of the property, with generous lawned gardens to the front, side and rear framed by mature trees and established hedging which provide excellent seclusion from the road and neighbouring properties.
A detached double garage offers further parking and storage, with additional hardstanding alongside, and the plot as a whole affords considerable scope to extend, remodel or develop further, subject to the necessary consents.
Despite the seclusion, the town centre, schools and everyday amenities are all within a short walk, giving the best of both worlds.
Offered for sale with no onward chain, Penarth is a rare opportunity to acquire a home of this size and standing on a plot of this scale, and one we would strongly encourage an early viewing of.
EPC Rating: D Living Room 4.1m x 5.05m Sitting Room 4.12m x 5.35m Dining Room 4.1m x 4.12m Shower Room 2.11m x 2.44m Kitchen / diner 3.0m x 5.73m Utility Room 2.4m x 2.46m Garden Room 2.81m x 5.3m Bedroom One 3.59m x 4.02m Bedroom Two 3.8m x 4.36m Bedroom Three 4.02m x 4.1m Bedroom Four 3.0m x 3.79m Bedroom Five 3.59m x 3.75m Shower Room 2.0m x 2.56m Parking - Double garage
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
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FAQ
About Nottingham Road, Melton Mowbray, LE13
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