2-bedroom terraced house · DE73 8DY
Listing removedListed 99 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available from mid-August A well-presented two-bedroom mid-townhouse situated on the ever-popular Castle Street in the heart of Melbourne, within easy walking distance of the village's shops, cafés and local amenities.
Offered unfurnished, the accommodation comprises a separate dining room together with an open-plan kitchen, living and dining area to the ground floor.
To the first floor are two double bedrooms and a modern bathroom fitted with a three-piece suite and shower over the bath.
New rear windows and French doors are due to be installed prior to the commencement of the new tenancy, further enhancing the property's energy efficiency and appearance.
Outside, the property is flush to the pavement with unrestricted on-street parking nearby. To the rear is a generous enclosed garden, providing an excellent outdoor space.
Lettings Advert Footer - EPC Grade: D Council Tax: Your property is in Council Tax Band: B Please note that a guarantor may be required in some circumstances.
Application Process Once you have viewed the property, please submit your application online via our website.
If your application is successful, a holding deposit equivalent to one week's rent will be required to secure the property.
For this property, the amount is £253.85 This payment will reserve the property while we conduct credit checks and obtain references.
On the move-in date, the following payments will be required: Payment Amount Security deposit £1269.25 First month’s rent £1100.00 Less holding deposit £ 253.85 Total payable £2115.40 If you have any questions, please do not hesitate to contact us.
Disclaimer: These particulars, while believed to be accurate, are provided as a general guide only and do not form part of any offer or contract.
Prospective tenants should not rely on these particulars as statements of fact and should satisfy themselves, through inspection or other means, as to their accuracy.
No employee of this agency has the authority to make or give any representation or warranty in respect of the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 advisors 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
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FAQ
About Castle Street, Melbourne, DE73 8DY
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