Flats A, B, C, D & E, 20 Asfordby Road, Melton Mowbray, Leicestershire, LE13 0HR

This detached property has been transformed into five self-contained flats, featuring three studios and two one-bedroom units, making it a promising investment opportunity. Positioned near the junction of Nottingham Road and Wilton Road, directly across from Ignite Performing Arts College, the location benefits from good foot traffic and community engagement. Although the flats are equipped with double glazing and electric heating, some units would greatly benefit from modernization to maximize rental potential. Currently generating a rental income of £23,947.32, the estimated rental value stands at £30,247, indicating a solid return on investment for those looking to enhance the property's appeal. The freehold tenure comes with existing tenancies, providing immediate income while allowing for incremental refurbishments to increase profitability.