Offers in the region of
£345,000
Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page

4 bedroom block of flats

Apartments 1-4, Thorpe Road, Melton Mowbray
4 Bathrooms
4 Bedrooms
4 Receptions
Band: A

Make an enquiry with our Residential Sales & Lettings Office branch

Call or call 01664 560 181

About this property

  • GREAT INVESTMENT OPPORTUNITY
  • DETACHED FREEHOLD
  • FOUR INDIVIDUAL APARTMENTS
  • UPVC WINDOWS AND GAS CENTRAL HEATING
  • OFF STREET PARKING TO THE REAR
  • ALL TENANICES ARE ON ASSURED PERIODIC TENANCIES
  • ANNUAL RENT £25,920
  • CLOSE TO TOWN CENTRE
  • ALL UNITS TENANTED

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

A

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Freehold

Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page

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Material information

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A fantastic opportunity to acquire a freehold detached block of 4 apartments situated within this period residential building within walking distance to the town centre.

The apartments are all occupied by tenants all on assured shorthold tenancy agreements and historically have a good rate of occupancy.

To be sold as a going concern with tenants remaining in situ all on assured shorthold tenancies.
Freehold investment opportunity.

Detached house with 4 self contained 1 bedroom apartments.

Well presented internal accomodation, each apartment comprises of kitchen, living room, bedroom and bathroom.

Apartment 1 Rent : Rent of £535 PCM (currently on AST but due to become APT on 1st May 2026)
Apartment 2 Rent : Rent of £535 PCM (currently on AST but due to become APT on 1st May 2026)
Apartment 3 Rent : Rent of £550 PCM (currently on AST but due to become APT on 1st May 2026)
Apartment 4 Rent : Rent of £540 PCM (currently on AST but due to become APT on 1st May 2026)

Annual rent being achieved totals £25,920 offering a return of 7.5% PA (subject to no other liabilities/fees or taxes).

Annual rent : £25,920 per annum.

Close to town centre, each apartment has its own designated central heating system.

The Properties let unfurnished.

Council Tax : Melton Borough Council : Band A for each apartment.

Deposit : 5 weeks rent taken as deposit and held with the TDS in an insured scheme.

Services : Mains electricity, gas, water and drainage.
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Train stations

Train station Melton Mowbray  (0.6 miles)

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Tenant Info for Apartments 1-4, Thorpe Road, Melton Mowbray