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£850,000

Scalford Road, Melton Mowbray, LE13

  • 12 beds
Detached house

£850,000

  • 12 beds
Detached house
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Minimum deposit amount:

£42,500
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PROPERTY DESCRIPTION An exciting investment opportunity has arisen to acquire this beautiful detached property converted into five apartments and two town houses, generating a generous rental income. Benefiting from off road parking and within walking distance of the town centre, local amenities with great commuter links to Nottingham, Leicester and Grantham. Having five apartments over three floors, three with one bedroom and two with two bedrooms, one with a large balcony providing outside space. Plus Two town houses each with two bedrooms and ample off road parking to the front and rear of the building.  

FLAT ONE Situated in the main building on the ground floor, having a living dining kitchen, two bedrooms, bathroom and a cellar. EPC RATING E 

KITCHEN/LOUNGE/DINER 13' 10" x 15' 7" (4.23m x 4.76m)  

BEDROOM ONE 11' 10" x 10' 0" (3.62m x 3.05m)  

BEDROOM TWO 8' 0" x 11' 10" (2.45m x 3.62m)
 

BATHROOM  

FLAT TWO Situated in the main building on the ground floor, having a living dining kitchen, bedroom and shower room. EPC RATING E 

KITCHEN/LOUNGE/DINER 13' 9" x 13' 11" (4.21m x 4.25m)  

BEDROOM 11' 7" x 15' 0" (3.54m x 4.59m)  

SHOWER ROOM 3' 8" x 5' 8" (1.13m x 1.75m)  

FLAT THREE Situated in the main building on the first floor, having a living dining kitchen, bedroom, ensuite and a balcony. EPC RATING E 

KITCHEN/LOUNGE/DINER 15' 5" x 13' 11" (4.72m x 4.26m)  

BEDROOM 13' 10" x 15' 3" (4.23m x 4.65m)  

ENSUITE 5' 3" x 5' 10" (1.61m x 1.79m)  

FLAT FOUR Situated in the main building on the first floor, having a living dining kitchen, bathroom, bedroom and balcony. EPC RATING D 

KITCHEN/LOUNGE/DINING ROOM 13' 10" x 13' 7" (4.24m x 4.15m)  

BEDROOM 13' 10" x 12' 2" (4.23m x 3.73m)  

BATHROOM 5' 6" x 5' 6" (1.68m x 1.68m)  

FLAT FIVE Situated in the main building on the second floor, having a living dining kitchen, two bedrooms, ensuite shower room, separate WC and a large decked balcony. EPC RATING E 

LOUNGE AREA 15' 4" x 20' 9" (4.69m x 6.33m)  

KITCHEN AREA 11' 2" x 7' 6" (3.42m x 2.30m)  

BEDROOM ONE 15' 6" x 13' 10" (4.74m x 4.23m)  

ENSUITE 5' 0" x 5' 5" (1.53m x 1.66m)  

BEDROOM TWO 9' 2" x 11' 5" (2.81m x 3.49m)  

BATHROOM 7' 1" x 4' 2" (2.18m x 1.29m)  

BALCONY Large decked balcony providing space to sit outside and enjoy Al Fresco dining.  

39A SCALFORD ROAD Situated to the rear of the building having its own front door access, two storey two bedroom townhouse. EPC RATING D 

KITCHEN/LOUNGE/DINING ROOM 13' 8" x 22' 3" (4.18m x 6.79m)  

BEDROOM ONE 12' 9" x 10' 7" (3.89m x 3.25m)  

BEDROOM TWO 9' 2" x 7' 1" (2.8m x 2.18m)  

BATHROOM 5' 9" x 6' 5" (1.77m x 1.98m)  

39B SCALFORD ROAD Offering the same accommodation as 39a with the benefit of patio doors giving access to a courtyard garden. EPC RATING D 

RENTAL INCOME All five flats and both town houses are currently tenanted generating an annual gross income of £******. (Gross yield of ***%)  

USEFUL INFORMATION Please note that any services, heating, systems or appliances have not been tested by Middletons, and no warranty can be given or implied as to their working order. Fixtures and fittings other than those mentioned to be agreed with the Seller. All measurements are approximate and all floor plans are intended as a guide only.  
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Stamp Duty tax
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£30,000
Mortgage and legal costs:
£999
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Property details

£850,000

12 bed house for sale

Scalford Road, Melton Mowbray, LE13
PROPERTY DESCRIPTION An exciting investment opportunity has arisen to acquire this beautiful detached property converted into five apartments and two town houses, generating a generous rental income. Benefiting from off road parking and within walking distance of the town centre, local amenities with great commuter links to Nottingham, Leicester and Grantham. Having five apartments over three floors, three with one bedroom and two with two bedrooms, one with a large balcony providing outside space. Plus Two town houses each with two bedrooms and ample off road parking to the front and rear of the building.  

FLAT ONE Situated in the main building on the ground floor, having a living dining kitchen, two bedrooms, bathroom and a cellar. EPC RATING E 

KITCHEN/LOUNGE/DINER 13' 10" x 15' 7" (4.23m x 4.76m)  

BEDROOM ONE 11' 10" x 10' 0" (3.62m x 3.05m)  

BEDROOM TWO 8' 0" x 11' 10" (2.45m x 3.62m)
 

BATHROOM  

FLAT TWO Situated in the main building on the ground floor, having a living dining kitchen, bedroom and shower room. EPC RATING E 

KITCHEN/LOUNGE/DINER 13' 9" x 13' 11" (4.21m x 4.25m)  

BEDROOM 11' 7" x 15' 0" (3.54m x 4.59m)  

SHOWER ROOM 3' 8" x 5' 8" (1.13m x 1.75m)  

FLAT THREE Situated in the main building on the first floor, having a living dining kitchen, bedroom, ensuite and a balcony. EPC RATING E 

KITCHEN/LOUNGE/DINER 15' 5" x 13' 11" (4.72m x 4.26m)  

BEDROOM 13' 10" x 15' 3" (4.23m x 4.65m)  

ENSUITE 5' 3" x 5' 10" (1.61m x 1.79m)  

FLAT FOUR Situated in the main building on the first floor, having a living dining kitchen, bathroom, bedroom and balcony. EPC RATING D 

KITCHEN/LOUNGE/DINING ROOM 13' 10" x 13' 7" (4.24m x 4.15m)  

BEDROOM 13' 10" x 12' 2" (4.23m x 3.73m)  

BATHROOM 5' 6" x 5' 6" (1.68m x 1.68m)  

FLAT FIVE Situated in the main building on the second floor, having a living dining kitchen, two bedrooms, ensuite shower room, separate WC and a large decked balcony. EPC RATING E 

LOUNGE AREA 15' 4" x 20' 9" (4.69m x 6.33m)  

KITCHEN AREA 11' 2" x 7' 6" (3.42m x 2.30m)  

BEDROOM ONE 15' 6" x 13' 10" (4.74m x 4.23m)  

ENSUITE 5' 0" x 5' 5" (1.53m x 1.66m)  

BEDROOM TWO 9' 2" x 11' 5" (2.81m x 3.49m)  

BATHROOM 7' 1" x 4' 2" (2.18m x 1.29m)  

BALCONY Large decked balcony providing space to sit outside and enjoy Al Fresco dining.  

39A SCALFORD ROAD Situated to the rear of the building having its own front door access, two storey two bedroom townhouse. EPC RATING D 

KITCHEN/LOUNGE/DINING ROOM 13' 8" x 22' 3" (4.18m x 6.79m)  

BEDROOM ONE 12' 9" x 10' 7" (3.89m x 3.25m)  

BEDROOM TWO 9' 2" x 7' 1" (2.8m x 2.18m)  

BATHROOM 5' 9" x 6' 5" (1.77m x 1.98m)  

39B SCALFORD ROAD Offering the same accommodation as 39a with the benefit of patio doors giving access to a courtyard garden. EPC RATING D 

RENTAL INCOME All five flats and both town houses are currently tenanted generating an annual gross income of £******. (Gross yield of ***%)  

USEFUL INFORMATION Please note that any services, heating, systems or appliances have not been tested by Middletons, and no warranty can be given or implied as to their working order. Fixtures and fittings other than those mentioned to be agreed with the Seller. All measurements are approximate and all floor plans are intended as a guide only.