We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · LE13 0LZ
Listing removedListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open day: 22nd August at 12pm.
Register your interest at Hortons are delighted to present Lilia House at Riverside Grange, a beautifully finished link-detached, three bedroom dormer bungalow forming part of an exclusive development of just six individually designed homes beside the River Eye, on periphery of Melton Mowbray.
Riverside Grange, by Cooper Lennard Bartlett, sits in a well landscaped setting with Lillia House, the showhome of the development enjoying one of the best positions, opening onto the countryside beyond.
Step through the front door and you are greeted by a light and generous entrance hall, with oak doors, an oak balustraded staircase rising to the first floor and a useful under-stairs store.
Full height glazed Crittall style doors lead through to the living room, a lovely, calm space with French doors opening straight out onto the garden and a green outlook beyond the fence line.
The kitchen and dining room work as one open, sociable space.
The kitchen has been hand built by independent makers Greystone Interiors and individually designed for the development, with shaker style cabinetry, quartz worktops and up-stands, integrated Samsung oven, hob and extractor, a stainless steel sink beneath the window and open oak shelving.
It flows directly into a dining area with ample room for well proportioned family table, making it the natural heart of the house.
There are two double bedrooms on the ground floor, both with fitted wardrobes, one to the rear aspect and one to the front.
A well appointed shower room with contemporary sanitary ware, a flush level shower threshold and chrome fittings completes the ground floor, and taken together this gives the home genuine single level living for anyone who wants it.
Upstairs, the whole of the first floor is given over to a superb sizeable bedroom of 4.9m x 5.5m, set beneath the eaves with two roof-lights drawing in light and space for a seating area or dressing corner alongside the bed.
A second shower room sits across the landing, along with further fitted storage, creating a private suite for the owners or an ideal arrangement for guests or older children.
Outside, the rear garden is laid mainly to lawn and enclosed by post and rail and close boarded fencing, with an open aspect to the rear that is hard to find on a new development.
A car port and private parking sit to the side of the home, with a dedicated EV charging point. Being brand new, the home is exceptionally efficient.
Heating and hot water are provided by an air source heat pump, with underfloor heating throughout the ground floor and individually controlled radiators to the first floor.
High levels of insulation and airtightness, along with energy efficient double glazing, are designed to keep running costs down.
In summary, Lillia House is a rare thing: A genuinely well built new home that offers flexible ground floor living, a private first floor suite and a quiet edge of town setting, all finished to a standard well above the volume house builder norm.
Location Melton Mowbray needs little introduction.
A thriving market town best known for its pork pies and Stilton, it offers a twice weekly market, independent shops, cafes, pubs and restaurants, alongside supermarkets, schools, healthcare and leisure facilities, all within easy reach.
The A607 connects to Leicester and Grantham, the A606 towards Nottingham, Oakham and Rutland, and Melton Mowbray station serves Leicester, Nottingham, Peterborough and Birmingham with onward connections to London.
East Midlands Airport is around 45 minutes by road.
Living Room (4.48m x 4.10m) Kitchen / Dining Room (7.26m x 3.59m) Ground Floor Bedroom 1 (3.55m x 3.46m) Ground Floor Bedroom 2 (2.84m x 3.92m) Ground Floor Shower Room (2.84m x 1.50m) First Floor Bedroom (4.90m x 5.55m) First Floor Shower Room (2.84m x 1.50m) Parking - Car Port Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check.
An administration fee of £40 per property will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
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
Agent & docs
.png)
FAQ
About 9 Cleves Close, Melton Mowbray
Explore nearby