• HMO Property +
• Five Bedrooms +
• Great Letting Location +
• Estimated Gross Rental Income £30,000 per annum +
• Modern Kitchen and Bathrooms +
• Investment Opportunity, Close to Town Centre +
• Parking +

For sale by Auction on 26 February 2026. A five bedroom HMO property situated close to the centre of Melton Mowbray.

Planning permission was granted in 2024 for the change of use from a dwelling house (Class C3) to a House of Multiple Occupancy for no more than six persons (Class C4).

The property offers five letting rooms. Three are currently occupied and two remain vacant. The seller has informed us that two tenants are vacating the property by the end of the month leaving just one tenant in the property.

Current rents comprise -
Room 1 - £550 pcm
Room 2 - £450 pcm
Room 3 - £500 pcm

Current income £18,000 per annum. Estimated rent income when fully let is circa £28,000-30,000 per annum.

Well placed for a good range of amenities, an easy walk to the Town Centre and Train Station.

Enclosed rear garden and one parking space.

Freehold investment opportunity with income from day one. Ground Floor Hallway, Kitchen, Utility Room, Cloaks/W.C, Lounge, Bedroom One.
First Floor Landing, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom.
Basement Offering storage or scope for conversion.
Outside Easily maintained gardens to front, side and rear. One Parking Space to the Rear. Tenure: Freehold EPC Rating: D Terms:
Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 3.6% of the purchase price inc. VAT.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.