Melton Mowbray
OS

Melton Mowbray

By Osprey Property

£ 400,000

Reviews

3 out of 5 stars

Osprey Property says ..

Boasting four double bedrooms, an open-plan kitchen, family, and dining area, and a useful utility room, The Aster is ideal for family life.

Property Oracle says ..

The property is a 4-bedroom, 3-bathroom detached house located in Melton Mowbray, Leicestershire. It is situated in a new build development and benefits from a garage and a rear garden. The property is presented in a modern style and appears to be in excellent condition, having just been completed. The location is good, with a train station approximately 2km away, and several schools within a reasonable distance. Long Field Spencer Academy, rated ‘Good’ by Ofsted, is less than 1km away. The proximity to these amenities makes the location family-friendly and convenient. Based on the images, the property is in excellent condition, appearing to be newly built and ready to move into. There is no visible evidence of wear and tear or the need for renovation. The modern design and fixtures are evident throughout. The plot size is relatively small, but adequate for a family home. Considering the list price of £400,000 and the average price per square foot in the area (£427), the property seems reasonably priced. While the average house price in the area is significantly higher (£717,932), this is likely due to the inclusion of larger and potentially older properties. The nearby comparable properties range in price from £229,950 to £449,950, with the higher-priced properties being detached, similar to the subject property. The subject property’s price falls within this range and considering its modern condition and location, the price appears fair.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
6
Bedrooms
4
Bathrooms
3
Sqft (est)
1,306.74
Lot (est)
1,625.35

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
721,320.48 £
Increased by 17.20 %
from 615,474.54 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
3,920.22 £/mo
Increased by 200.00 %
from 1,306.74 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Osprey Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Long Field Spencer AcademyAcademy ConverterGood0.82 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement1.30 KM
Saint Francis Catholic Primary SchoolAcademy Converter1.54 KM
The Grove Primary SchoolAcademy ConverterRequires improvement1.62 KM
The Edge Sure Start Children'S CentreChildren's Centre1.73 KM

Images

Front Elevation Rear Elevation Kitchen/Diner Kitchen Living Room Entrance Hallway Landing WC Study Bedroom One En-suite Bathroom Rear Garden Garage En-suite Bedroom Three Bedroom Four Bedroom Two Landing Utility Dining/Family Are... Dining/Family Are... Kitchen/Diner

Nearby Streets

NameAverage PriceAverage SqftDistance
Davenport Close £ 000.00 KM
Harrison Drive £ 000.00 KM
Lander Close £ 000.00 KM
Bailey Crescent £ 000.00 KM
Gilbey Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Leicester Road, Melton Mowbray, LE13 0XG £ 329,950BUY7 / 100.00 KM
Alderman Road, Melton Mowbray, LE13 0XG £ 313,995BUYUnknown0.00 KM
Alderman Road, Melton Mowbray, LE13 0XG £ 375,000BUY8 / 100.00 KM
Leicester Road, Melton Mowbray, LE13 0XG £ 449,950BUYUnknown0.00 KM
Melton Mowbray £ 400,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
3 Teasel Drive £ 297,0000.28 KM
2 Teasel Drive £ 249,9500.28 KM
1 Teasel Drive £ 295,0000.28 KM
5 Bluebell Row £ 335,0000.36 KM
10 Bluebell Row £ 225,0000.36 KM