Shelley Avenue, Melton Mowbray
CO

Shelley Avenue, Melton Mowbray

By Connells

£ 240,000

Reviews

2 out of 5 stars

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 %
from 620,704.00 £
Est sale value
552,000.00 £
Increased by 17.20 %
from 471,000.00 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
3,000.00 £/mo
Increased by 200.00 %
from 1,000.00 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Fairmead Sure Start Children'S CentreChildren's Centre0.27 KM
John Ferneley CollegeAcademy ConverterGood0.72 KM
The Cove Sure Start Children'S CentreChildren's Centre0.98 KM
St Mary'S Church Of England Primary SchoolAcademy Sponsor LedGood1.00 KM
The Grove Primary SchoolAcademy ConverterRequires improvement1.20 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bramley Close, Melton Mowbray £ 90,000BUY7 / 100.14 KM
Bramley Close, Melton Mowbray £ 140,000BUY7 / 100.14 KM
Bramley Close, Melton Mowbray £ 280,000BUY6 / 100.14 KM
Russet Way, Melton Mowbray, Leicestershire £ 45,000BUY6 / 100.15 KM
Russet Way, Melton Mowbray, LE13 £ 30,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
10 Shelley Avenue £ 225,0000.00 KM
12 Shelley Avenue £ 218,0000.00 KM
6 Shelley Avenue £ 235,0000.00 KM
5 Shelley Avenue £ 190,0000.00 KM
19 Byron Way £ 211,8000.05 KM