2-bedroom terraced house · LE13 1FW
Sold STCListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Scholars Grange development on the South side of town is this modern semi-detached house.
Built by Jelson Homes and having the NHBC Warranty remaining, the accommodation comprises in brief, entrance hall, cloakroom WC, living room and fitted kitchen.
On the first floor are two double bedrooms and a family bathroom. There is allocated parking for two cars and an enclosed rear garden.
Accessed via a double glazed door with storm porch into the entrance hall, stairs rising to the first floor and door off to a cloakroom WC having a two piece white suite and window to the front.
Door off to a good sized living room with French doors leading to the rear garden, an under-stair storage cupboard, space to dine and TV point.
Stairs rising to the first floor landing with doors off to two double bedrooms and a family bathroom comprising a three piece with a low flush WC, wash hand basin and bath with an overhead shower and shower screen, heated towel rail and contemporary tiling to wet areas.
There is allocated parking for two cars at the front of the property and gated access to an enclosed rear garden which is mainly laid to lawn with timber panelled fencing to the boundaries.
EPC Rating: B Living Room 3.59m x 4.29m Kitchen 1.93m x 3.08m Bedroom One 3.59m x 4.29m Bedroom Two 1.87m x 4.29m
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 King Edward Avenue, Melton Mowbray
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