Connells says ..
A fantastic investment opportunity to acquire a four bedroom semi-detached family home in a popular location, within walking distance to the town centre, local amenities and popular schools. This property is perfect for anyone willing to invest and put their own stamp on the property.
Property Oracle says ..
This property is a 4-bedroom semi-detached house located on Oak Road in Melton Mowbray, Leicestershire. The property benefits from a good-sized garden, which is a significant advantage given the lack of plot size information in the listing. The interior appears to be in reasonable condition, although some areas may benefit from modernisation. The property is conveniently located near Melton Mowbray train station (0.47km) and several primary schools within a 1.5km radius. However, the average house price in the area is considerably higher than the listing price, suggesting it may be undervalued. The lack of sqft information in comparable listings makes a direct price comparison difficult. Given the property’s condition, location, and garden, the asking price of £260,000 appears reasonable, although further investigation into the specific plot size and condition of the property would be beneficial.
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
- 8
- Condition
- 7
- Location
- 7
- Land
- 8
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,180.80
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 %
- Est sale value
- 651,801.60 £Increased by 17.20 %
- Average area rental value
- 4,211.00 £/moIncreased by 103.92 %
- Est letting value
- 3,542.40 £/moIncreased by 200.00 %
- Est rental Yield
- 7.42 %Increased by 85.96 %
- Crime Rate
- 22.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Saint Francis Catholic Primary School | Academy Converter | 0.91 KM | |
| The Edge Sure Start Children'S Centre | Children's Centre | 0.93 KM | |
| Brownlow Primary School | Academy Converter | Good | 0.95 KM |
| Sherard Primary School | Academy Sponsor Led | 1.20 KM | |
| The Grove Primary School | Academy Converter | Requires improvement | 1.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chapel Street | £ 0 | 0 | 0.00 KM |
| Church Street | £ 0 | 0 | 0.00 KM |
| Fox Yard | £ 90,000 | 0 | 0.00 KM |
| Wallis Close | £ 0 | 0 | 0.00 KM |
| Craven Court | £ 610,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melton Mowbray | 1851 | MMO | 0.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Oak Road, Melton Mowbray, LE13 | £ 210,000 | BUY | Unknown | 0.00 KM |
| Stunning Garden on Oak Road, Melton Mowbray, LE13 1BD | £ 260,000 | BUY | 7 / 10 | 0.00 KM |
| Three Double Bedrooms and Off Road Parking | £ 210,000 | BUY | 7 / 10 | 0.00 KM |
| Oak Road, MELTON MOWBRAY | £ 260,000 | BUY | 7 / 10 | 0.00 KM |
| Mill Street, Melton Mowbray | £ 240,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 33 Oak Road | £ 120,000 | 0.00 KM |
| 13 Oak Road | £ 205,000 | 0.00 KM |
| 12 Oak Road | £ 225,000 | 0.00 KM |
| 23 Oak Road | £ 115,000 | 0.00 KM |
| 5 Oak Road | £ 133,500 | 0.00 KM |