Welby Lane, Melton Mowbray
MI

Welby Lane, Melton Mowbray

By Mike Ford Estate Agents & Valuers LTD

£ 229,950

Reviews

3 out of 5 stars

Mike Ford Estate Agents & Valuers LTD says ..

An exciting opportunity to acquire this well presented and much enhanced two bedroom semi detached bungalow which occupies occupies a substantial south facing plot on the north side of town and is offered with no upward chain.

Property Oracle says ..

This two-bedroom bungalow is located in Melton Mowbray, Leicestershire, in the Welby Lane area. The property is conveniently located near schools, and Melton Mowbray train station providing access to East Midlands Railway services. While the available data doesn’t give precise details on the size of the plot, the photos show it to have a garden. The interior appears generally well maintained, with modern facilities, although some updates might increase its appeal. The provided images suggest a comfortable but slightly dated interior needing some refreshing. The kitchen and bathroom appear functional, while the living areas seem spacious and bright. The garden could be improved with some landscaping and maintenance. The price of £229,950 seems to fall within the expected range for a property of this type and location in Melton Mowbray, making it a potentially reasonable purchase given the current market conditions. More data on comparable properties’ square footage would give a more detailed analysis and valuation, however.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
697.80

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
681,429.00 £
Increased by 9.78 %
from 620,704.00 £
Est sale value
385,185.60 £
Increased by 17.20 %
from 328,663.80 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
2,093.40 £/mo
Increased by 200.00 %
from 697.80 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Mike Ford Estate Agents & Valuers LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
The Cove Sure Start Children'S CentreChildren's Centre0.30 KM
Fairmead Sure Start Children'S CentreChildren's Centre0.59 KM
The Grove Primary SchoolAcademy ConverterRequires improvement0.68 KM
St Mary'S Church Of England Primary SchoolAcademy Sponsor LedGood0.91 KM
Long Field Spencer AcademyAcademy ConverterGood1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Sycamore Close £ 310,00000.00 KM
Stirling Road £ 000.00 KM
Russet Way £ 000.00 KM
Shelley Avenue £ 000.00 KM
Bramley Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Welby Lane, Melton Mowbray £ 229,950BUY6 / 100.00 KM
Welby Lane, Melton Mowbray, LE13 £ 475,000BUY7 / 100.02 KM
Welby Lane, Melton Mowbray £ 210,000BUY6 / 100.02 KM
Welby Lane, Melton Mowbray £ 445,000BUYUnknown0.02 KM
Jarvis Drive, Melton Mowbray £ 200,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
49 Welby Lane £ 105,0000.01 KM
19 Welby Lane £ 140,0000.01 KM
11 Welby Lane £ 119,0000.01 KM
47 Welby Lane £ 316,0000.01 KM
37 Welby Lane £ 168,0000.01 KM