Auction sale with HMO potential in central Melton Mowbray.
4 bedrooms plus reception room and small kitchen
Located in central Melton Mowbray, this Victorian terraced property is offered at auction as a freehold investment with clear HMO potential. The layout supplies four bedrooms, a reception room and a compact kitchen, delivering rental flexibility for investors seeking multi-let income or a renovation project to add value.
The house retains period character in the bay-fronted principal room and benefits from practical extras: gas central heating, an external shed and a small, low-maintenance garden. Fast broadband and excellent mobile signal support modern tenants and short-term lettings.
Material considerations are plain: the property is small overall and dated in places, with an EPC rating of D and likely modernisation needed in the kitchen and general decor. The street and wider area show higher crime and deprivation metrics, so lettings and management should be planned accordingly.
This sale is via a transparent online auction. Buyers must factor in auction costs — a non-refundable 5% exchange deposit and a reservation fee up to 6% (minimums apply) — plus conveyancing and any remedial works. Legal pack review and pre-purchase surveys are strongly advised before bidding.
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