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 terraced house · LE13 0BY
Sold STCListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Summary Description An excellent opportunity to acquire this three bedroom property in need of renovation and which offers countryside views on the edge of this popular residential area on the south side of town and is offered with no upward chain.
Entrance Hall Entrance via a part glazed front door, there is a fitted meter and fuse cupboard, a staircase leading up to the first floor landing and a door to: Lounge 15'8" narrowing to 12'7" x 12'2" An L-Shaped room with a window to front and a multi-fuel log burner with a hearth and there is a door to: Kitchen Dining Room 15'7" x 9'8" Window and a part glazed door to rear and there is a range of eye and base level units with roll top work surfaces and tiled splash backs, one and a half sink drainer unit, a gas cooker point with an extractor fan hood, plumbing for a washing machine and a dish washer and space for a fridge freezer.
First Floor Landing Loft hatch providing access to the loft and there are doors to: Bedroom One 12'4" x 10'3" 11'7" into door recess A double bedroom with a window to front offering countryside views.
Bedroom Two 10'0" x 9'9" 11'6" into door recess Also a double bedroom with a window to rear and a built-in airing cupboard which houses a wall mounted 'Worcester' boiler.
Bedroom Three 9'5" x 7'2" Window to front offering countryside views.
Bathroom 7'5" x 5'5" Frosted window to rear and a three piece suite to comprise: Low flush WC, pedestal wash hand basin and a panelled bath with an independent shower and screen above, tiled splash backs, heated towel rail and an extractor fan.
Front In need of attention and mainly laid to lawn with a shared side passage providing access to a side gate and to the rear garden.
Rear Garden In need of attention and mainly laid to lawn with a brick built outbuilding and all mainly enclosed by fencing.
Situation This property is situated on the edge of this well established residential area on the south side of town offering delightful countryside views and is convenient for Swallowdale, St Francis Primary Schools, The Long Field Secondary School and The Melton Vale Sixth Form College.
The property is also well placed for the local newsagent, chemist, fish and chip shop which is just across the road as well as the local Spar Shop/Post Office in Valley Road.
Directions Proceed out of town along the Burton Road (A606) for approximately 1/4 mile, turn right onto Ankle Hill and then take the first left onto Sandy Lane, proceed for approximately half a mile and then turn right into Kirby Lane and the property is approximately quarter of a mile on the right.
Property Services The property benefits from mains electric, gas with Eon Energy, water and drainage with Severn Trent.
Broadband - Standard and Superfast & Ultrafast -see Ofcom checker for more details. Broadband is not currently connected Mobile-see Ofcom checker for more details.
Viewings Strictly by appointment through Mike Ford Estate Agents & Valuers Ltd. Telephone: .
Third Party Referral Arrangements Mike Ford Estate Agents & Valuers Ltd have established professional relationships with third-party suppliers for the provision of services to clients.
As remuneration for this professional relationship, the agent receives referral commission from 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
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

FAQ
About Kirby Lane, Melton Mowbray
Explore nearby