1-bedroom flat · LE13 1AE
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fabulous double bedroomed flat is located centrally in the town and has been recently renovated. It is very spacious and airey maintaining character features.
Enter main door into the good size kitchen with electric oven, extractor, floor and wall units and plumbing for washing machine.
There is a newly fitted bathroom with white suite comprising bath with shower over, sink and w.c. There is a communal outdoor patio/seating area that is shared with the other flat in the building.
Also outdoor racking for bicycle storage.
There is a large double bedroom with a bay window, a good size landing leading to a very generously sized lounge with another beautiful bay window and feature fireplace.
This home benefits from new double glazed units making it very quiet even in its great central location.
It also has a boiler and gas central heating to complement the newly fitted kitchen, bathroom, carpets and decoration. Council Tax Band: A EPC rating: D.
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.
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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
Agent & docs
FAQ
About Burton Street, Melton Mowbray, LE13
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