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, consisting of three studio units and two one-bedroom apartments. Situated at the prominent junction of Nottingham Road and Wilton Road, right across from Ignite Performing Arts College, it presents an excellent investment opportunity. While the flats boast double glazing and electric heating for comfort and efficiency, several units are in need of modernization, offering a chance to significantly enhance value through thoughtful renovations. The freehold title is subject to existing tenancies, with rental income currently generating nearly £24,000 annually against an estimated rental value of over £30,000. The property also features a long front forecourt for parking and a communal garden at the rear, adding to its appeal as a versatile buy-to-let investment.