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Old Brewery Court, Thorpe End, Melton Mowbray, Leicestershire

Guide Price
£1,600,000
Bentons, Melton Mowbray
PROPERTY TYPE

Plot

SIZE

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Key features

  • Prime Investment Portfolio
  • 10 Individual Freehold Units
  • Ideal Buy to Let Investment
  • Superb Position in Town Centre
  • Sympathetic Conversion
  • Many Character Features
  • Modern Fitted Kitchens and Bathrooms
  • Energy Ratings: Unit 1-6, 8 & 9 (D) - Units 7 & 10 (C)
  • Council Tax Band Units 1 & 3-10 Band B - Unit 2 Band C
  • Tenure Freehold

Description

A rare development opportunity to acquire this Prime Investment Portfolio of 10 Freehold properties situated in the characterful Old Brewery Court, a sympathetic conversion of an Old Brewery developed circa 2018/2019 to a high standard forming a wonderful array of 1, 2, 3 and 4 bedroom homes ranging from single storey to four storey and having an abundance of character throughout many of the individual properties. Old Brewery Court is perfectly situated within walking distance to the bustling town centre of Melton Mowbray and with excellent road access onto the A607 and B676. This ideal lettings portfolio has been consistently let and currently brings in a gross annual rent circa £89,640 bringing in a gross yield of 5.2%. Three of the properties are now managed by Bentons Letting Department on a preferential rate with the remaining units being transferred from self management to full management with Bentons as they become available for re-let. Many of the rents being achieved at the moment are below the current 2022 market rent level meaning that there is further scope to increase the gross rental income for the portfolio. Each property benefits from electric heating, uPVC double glazing, off road parking and outdoor amenity space for many of the units.

Location

Melton Mowbray is a thriving market town offering excellent local shopping and schooling facilities with the added benefit of being within easy commuting distance of the centres of Leicester, Nottingham, Loughborough, Grantham, Oakham and Stamford. Superb private schooling is available at nearby Oakham in addition to Ratcliffe College and Leicester Grammar School. The town is situated on the Leicester/Peterborough/Stansted railway with an excellent intercity service to London available from both Grantham and Leicester (approximately 1 hour).

Directions

1 Old Brewery Court

A single storey semi-detached property situated at the front of the development and comprising entrance hall, ground floor bathroom, large open-plan dining kitchen and a first floor giving way to two bedrooms. Outside there is an area of off road parking. The property has uPVC double glazing and individual electric rooms heaters. Entrance Hall With double glazed door. Lounge - 20'4" x 19'9" at widest points Kitchen - 9'2" x 7'1" Fitted with a modern kitchen having built-in electric oven, electric hob and extractor fan. Bathroom - 5'1" x 8'8" With a three piece suite comprising low level WC, wash hand basin and panelled bath with mixer shower above. First Floor Landing With cupboard housing the hot water cylinder. Bedroom One – 10’7 x 16’ With skylight window to the side. Bedroom Two – 9’ x 9’2” With skylight window to the side. Outside The property has an area of off road parking for a single vehicle.

2 Old Brewery Court

A single storey semi-detached property with accommodation comprising entrance hall, bathroom, particularly large open-plan dining kitchen, first floor landing giving way to three bedrooms. There is a large garden to the rear and off road parking. The property has uPVC double glazing and individual electric room heaters. Entrance Hall With uPVC double glazed front door. Large Living Room With uPVC window to the side. Kitchen With a range of high gloss white units, built-in oven, hob and extractor, space for washing machine. Bathroom With panelled bath with shower over, low level WC and pedestal wash hand basin. First Floor Landing Bedroom One Having skylight window to rear. Bedroom Two Having skylight window to rear. Bedroom Three Having skylight window to rear. Separate WC With low level WC and wash hand basin. Outside The property has a low maintenance garden and an area of off road parking.

3 Old Brewery Court

A unique two storey, two bedroom p' x 17'roperty with an open-plan living dining kitchen, rear lobby giving way to a shower room and a first floor landing giving way to two large bedrooms. There is a small courtyard garden at the rear. The property has uPVC double glazing and individual electric room heaters. Open-plan Lounge Dining Kitchen - 19' x 17'

With staircase rising to the first floor, a kitchen area with a range of modern wall and base mounted utility units finished with an electric oven, hob and extractor, window to the front and uPVC door to the front. Rear Lobby Having uPVC door to garden and access to the shower room. Shower Room - 10'x 4'2" With a three piece suite comprising shower cubicle with electric shower, WC, wash hand basin and window to the front. First Floor Landing A spacious landing with window to the side and access to the bedrooms. Bedroom One - 11' x 13'10" A large double bedroom with window to the front. Bedroom Two - 7' x 10'5 A (truncated)

4 Old Brewery Court

A unique four storey property with an abundance of character features and accommodation which in brief comprises entrance hall and WC to the ground floor. The first floor landing gives way to an open-plan living dining kitchen. The second floor has a bedroom and bathroom whilst the third floor has three bedrooms. There is no outdoor amenity space with this property. The property has uPVC double glazing and individual electric room heaters. Entrance Hall - 20'9" x 8'4" A spacious entrance hall with uPVC door to the front, tiled flooring, window to the rear. WC With a two piece white suite comprising low level WC, wash hand basin and a window to the front. First Floor Landing With window to the rear, window to the front on a separate landing area. Living Dining Kitchen - 19'2" x 9'8" A spacious living dining kitchen with windows to the front and rear elevation, ample range of modern wall and base mounted utility units in the kitchen which are finished in a white (truncated)

5 Old Brewery Court

A unique end terraced property with accommodation set out over two floors having an area of off road parking to the left hand side. The accommodation comprises open-plan living dining kitchen and first floor giving way to two bedrooms and bathroom. The property has uPVC double glazing and individual electric room heaters. Entrance Hall With uPVC door to front. Open-plan Living Dining Kitchen With two windows to the side elevation, window to the front, range of modern wall and base mounted kitchen units with built-in electric oven, hob and extractor. First Floor Landing Giving way to bedrooms and bathroom. Bedroom One A double bedroom with window to the front. Bedroom Two A single bedroom with window to the rear. Bathroom With window to the front, three piece suite comprising WC, wash hand basin and shower cubicle.

6 Old Brewery Court

A terraced two story house with tandem off-road parking for two vehicles and a small enclosed rear garden, The property has a large open plan living space with kitchen area, rear lobby and shower room. To the first floor there are two large bedrooms. Lounge - 17'2“ x 19‘ With window to the front and rear and a kitchen with a range of white fronted storage units with built-in electric oven and hob. Rear Hallway With UPVC door and access to shower room. Shower Room - 4‘3“ x 9‘7“ With shower cubicle containing electric shower, WC and wash hand basin. First Floor Landing With window to the rear. Bedroom One - 14'5“ x 11‘ With window to the rear. Bedroom Two - 11‘ x 7‘3" With window to the rear.

7 Old Brewery Court

A two storey Apartment with one bedroom.

8 Old Brewery Court

A unique three storey home with accommodation comprising entrance hall, WC, living dining kitchen, first floor with L-shaped lounge, second floor with three bedrooms and bathroom. This property also has an area of amenity garden space at the front. The property has uPVC double glazing and individual electric room heaters. Entrance Hall With uPVC door to front. WC With two piece suite comprising low level WC and wash hand basin. Living Dining Kitchen - 19'7" x 9'8" A spacious open-plan living dining kitchen with a range of modern white laminate units with built-in electric oven, hob and extractor, window to the front and rear. First Floor Landing Giving access to: Lounge - 14'1 x 20' at widest points A substantial L-shaped lounge with two windows to the front and a window to the rear. Second Floor Landing Gives access to: Bedroom One - 10'2" x 13'9" With window to the rear and storage cupboard Bathroom - 7'1" x 6'4" With a three piece white suite comprising low (truncated)

9 Old Brewery Court

A terraced property with four bedrooms. Entrance Hallway With access to the cellar and staircase rising to first floor. Cellar - 39'1“ x 18‘ Kitchen - 13‘7“ by 15‘9“ A large spacious dining kitchen with window to the front, fitted units finished in white laminate, built-in electric oven, electric hob and extractor fan. Living Room - 19‘6“ by 17‘8“ A substantial living room with a doorway to the rear giving access to the rear garden. WC Fitted with a WC and wash hand basin, located just off the living room. Second Floor Landing Giving access to: Bedroom One - 16'8“ x 9' Bedroom Two - 12‘10“ by 9‘8“ Bedroom Three - 12‘ 10“ x 9‘ Bedroom Four - 9‘ x 12‘9" Bathroom - 6‘ x 9'2" With a three piece white suite. Shower Room - 5'7“ x 3‘ With a shower cubicle incorporating mixer shower and extractor fan. Outside The property has an enclosed garden and tandem off road parking for two vehicles.

10 Old Brewery Court

An end terraced property with two bedrooms.

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Old Brewery Court, Thorpe End, Melton Mowbray, Leicestershire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Melton Mowbray Station0.4 miles
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About the agent

Bentons, Melton Mowbray

47 Nottingham Street Melton Mowbray Leicestershire, LE13 1NN

Bentons, Melton Mowbray

MARKET LEADING & AWARD WINNING PROPERTY EXPERTS ACROSS THE EAST MIDLANDS 

At Bentons, we understand that selling your home is likely to be one of the most important transactions you may experience. It is therefore crucial to employ the services of a trusted local Agent with vast experience in dealing with a wide range of property. A good Agent will not only produce the highest quality marketing materials and cover every advertising medium available to them, but also endeavour to provide

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Disclaimer - Property reference BNT221180. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bentons, Melton Mowbray. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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