Connells says ..
Fantastic renovation opportunity! This three-bedroom, detached family home is packed with potential offering a spacious garden with sheds, driveway and garage; and is situated a short walk from the town offering many amenities, transport links and great schools! Viewing essential!
Property Oracle says ..
This three-bedroom property in Melton Mowbray, Leicestershire, presents a mixed bag of features. Located in a seemingly convenient area with access to schools and transport links, the location offers significant advantages. However, the property’s condition needs improvement. The interior displays dated decor and fittings, particularly in the kitchen and bathroom, suggesting a need for significant updating and modernisation. While structurally sound, it requires some level of investment to enhance its aesthetic appeal and functionality. The garden is of a modest size and could benefit from some landscaping. The property’s list price of £240,000 is reasonable based on neighboring property sales; however, a precise price per square foot analysis is difficult due to the lack of square footage information in the majority of the provided nearby listings. Overall, the property presents a viable opportunity for buyers, but prospective purchasers should factor in the costs of renovation and modernisation. Detailed information on the specific location within Shelley Avenue and precise plot size would give a clearer view of the true value proposition.
Therefore, we give this property 5 / 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
- 4
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
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
- 552,000.00 £Increased by 17.20 %
- Average area rental value
- 4,211.00 £/moIncreased by 103.92 %
- Est letting value
- 3,000.00 £/moIncreased by 200.00 %
- Est rental Yield
- 7.42 %Increased by 85.96 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fairmead Sure Start Children'S Centre | Children's Centre | 0.27 KM | |
| John Ferneley College | Academy Converter | Good | 0.72 KM |
| The Cove Sure Start Children'S Centre | Children's Centre | 0.98 KM | |
| St Mary'S Church Of England Primary School | Academy Sponsor Led | Good | 1.00 KM |
| The Grove Primary School | Academy Converter | Requires improvement | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Shelley Avenue | £ 0 | 0 | 0.00 KM |
| Bramley Close | £ 0 | 0 | 0.00 KM |
| Russet Way | £ 0 | 0 | 0.00 KM |
| Sycamore Close | £ 310,000 | 0 | 0.00 KM |
| Conway Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melton Mowbray | 1851 | MMO | 1.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bramley Close, Melton Mowbray | £ 90,000 | BUY | 7 / 10 | 0.14 KM |
| Bramley Close, Melton Mowbray | £ 140,000 | BUY | 7 / 10 | 0.14 KM |
| Bramley Close, Melton Mowbray | £ 280,000 | BUY | 6 / 10 | 0.14 KM |
| Russet Way, Melton Mowbray, Leicestershire | £ 45,000 | BUY | 6 / 10 | 0.15 KM |
| Russet Way, Melton Mowbray, LE13 | £ 30,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Shelley Avenue | £ 225,000 | 0.00 KM |
| 12 Shelley Avenue | £ 218,000 | 0.00 KM |
| 6 Shelley Avenue | £ 235,000 | 0.00 KM |
| 5 Shelley Avenue | £ 190,000 | 0.00 KM |
| 19 Byron Way | £ 211,800 | 0.05 KM |