Lancers Drive, Melton Mowbray
MI

Lancers Drive, Melton Mowbray

By Mike Ford Estate Agents & Valuers LTD

£ 240,000

Reviews

3 out of 5 stars

Mike Ford Estate Agents & Valuers LTD says ..

An excellent opportunity to acquire this two bedroom detached bungalow which occupies a pleasant cul de sac position on the edge of this popular residential development on the north side of town on the north side of town.

Property Oracle says ..

This is a detached bungalow located on Lancers Drive in Melton Mowbray. The property features two bedrooms and one bathroom, with a total square footage of 573.72. It includes a garden and is situated in a residential area close to local schools and transportation. While the property is in fair condition and could benefit from some modernization, the asking price of £240,000 appears reasonable given the location and size of the property. The property is conveniently located near schools such as St Mary’s Church of England Primary School and transportation options like the Melton Mowbray train station. Nearby streets include Lynton Road and Woolsthorpe Close, indicating a well-established residential area. The property offers a good opportunity for buyers looking to invest in a home with potential for improvement in a desirable location.

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
5
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
573.72

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
316,693.44 £
Increased by 17.20 %
from 270,222.12 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
1,721.16 £/mo
Increased by 200.00 %
from 573.72 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

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

Nearby Schools

NameTypeOfstedDistance
St Mary'S Church Of England Primary SchoolAcademy Sponsor LedGood0.37 KM
The Cove Sure Start Children'S CentreChildren's Centre0.59 KM
Fairmead Sure Start Children'S CentreChildren's Centre1.07 KM
The Grove Primary SchoolAcademy ConverterRequires improvement1.27 KM
John Ferneley CollegeAcademy ConverterGood1.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lynton Road £ 000.00 KM
Woolsthorpe Close £ 300,00000.00 KM
Grange Close £ 310,00000.00 KM
Shelley Avenue £ 000.00 KM
Russet Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO2.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lancers Drive, Melton Mowbray £ 240,000BUY6 / 100.00 KM
Lancers Drive, Melton Mowbray £ 220,000BUY7 / 100.01 KM
NO CHAIN on Lancers Drive, Melton Mowbray, LE13 0SY £ 85,000BUY6 / 100.08 KM
Cul-De-Sac Location on Lancers Drive, Melton, LE13 0SY £ 240,000BUY7 / 100.08 KM
Lancers Drive, Melton Mowbray £ 355,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
10 Lancers Drive £ 255,0000.08 KM
13 Lancers Drive £ 280,0000.08 KM
5 Lancers Drive £ 185,0000.08 KM
6 Lancers Drive £ 200,0000.08 KM
7 Lancers Drive £ 175,0000.08 KM