2-bedroom semi-detached house · LE13 0ST
Sold STCListed 344 days
Opportunity summary
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About
Property Description Summery A well extended two/three bedroom semi detached bungalow in need of updating and which occupies a generous sized plot within this popular residential area on the north side of town and is offered with no upward chain.
Entrance Hall Entrance via a part glazed front door, there are picture rails and a loft hatch with a pull down ladder providing access to a part boarded and insulated loft area, panelled doors to: Sitting Room/Bedroom Two 10'4" 12'9" into bay x 9'5" Walk-in bay window to front, picture rails and there is a cast iron open fireplace with a mantel and hearth.
Bedroom Three 9'4" x 8'9" Window to front, picture rails and a fitted meter/fuse cupboard.
Bedroom One 13'4" x 9'4" Picture rails and an archway to: Inner Hall Window to rear and a built-in cupboard and a panelled door to: Lounge 11'9" x 11'0" A lovely dual aspect room with a window to side, sliding patio doors to rear and glazed double doors with a side window to: Kitchen Dining Room 19'4" x 11'4" 12'3" into recess A generous sized and dual aspect room with a window to side, natural ceiling sun tunnel, window and a part glazed door to rear, cast iron open fireplace with a hearth and mantel.
There is a range of eye and base level nits with a breakfast bar, roll top work surfaces and tiled splash backs, two and a half sink drainer unit, integrated oven, grill and a ceramic hob with a pull down extractor fan hood, space for a fridge freezer and a panelled door to: Inner Hall Window to side and a built-in airing cupboard which houses a wall mounted boiler and there is a panelled door to: Bathroom 6'9" x 6'4" Frosted window to front and a four piece suite to comprise: Low flush WC, bede, pedestal wash hand basin and a panelled bath with a shower tap attached and tiled splash splash backs.
Front Drive with a storm porch which has courtesy lighting and side gated access to: South Facing Rear Garden A generous sized garden which is mainly laid to lawn with established hedging, shrubs and two fruit trees, there is a wooden shed, a paved terrace and an extensive patio area with courtesy lighting, an outside tap and a brick built storage cupboard.
Situation This property occupies a pleasant position within this popular residential area which is well placed for easy access to the town centre as well as the local convenience store, Sainsbury's Supermarket, regular bus service and major road links.
Property Services/Extra Information The property benefits from mains electric, gas (supplier unknown) water and drainage with Severn Trent.
Broadband - Standard and Superfast & Ultrafast -see Ofcom checker for more details. Broadband currently connected with (supplier unknown). Mobile-see Ofcom checker for more details.
P/N: Probate property. Probate has been applied for week, commencing 5th January 2026 but not granted.
Directions Proceed out of town along Nottingham Road (A606) for approximately half a mile, then turn left into Welby lane and the property is approximately 100 yards on the left.
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
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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 Welby Lane, Melton Mowbray
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