Burrough Road, Somerby, Melton Mowbray
JA

Burrough Road, Somerby, Melton Mowbray

By James Sellicks Estate Agents

£ 575,000

Reviews

3 out of 5 stars

James Sellicks Estate Agents says ..

Originally built in the 19th century, Grove Stud Cottage is a well-presented and unique three-bedroom home that combines character with modern convenience. It offers deceptively spacious accommodation, an enclosed garden, off-road parking, and garaging, all situated on the edge of Somerby.

Property Oracle says ..

This character property in Somerby, Melton Mowbray is a charming and well-presented home. The property benefits from a good-sized plot with a garden, and appears to be in excellent condition, having undergone a tasteful modernisation. The internal photos show a well-maintained and updated interior. The location is desirable, being close to Somerby Primary School which has a ‘Good’ Ofsted rating. Transport links are available via the East Midlands Railway in Melton Mowbray, approximately 8.77km away.

The list price of £575,000 is slightly below the average house price in the area (£717,932), but higher than some of the nearby properties. However, given the property’s size (949 sqft), condition, and the inclusion of a substantial plot, the price appears reasonable, particularly when compared to other character properties in the area. The average price per sqft in the area is £427, making this property’s price per sqft slightly higher, which is to be expected given the property’s condition and plot size.

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
9
Location
7
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
949.00
Lot (est)
2,042.00

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
523,848.00 £
Increased by 17.20 %
from 446,979.00 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
2,847.00 £/mo
Increased by 200.00 %
from 949.00 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • James Sellicks Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Somerby Primary SchoolAcademy ConverterGood0.50 KM
The Grange Therapeutic SchoolOther Independent Special SchoolGood4.47 KM
Great Dalby SchoolAcademy ConverterOutstanding6.64 KM
Melton Vale Sixth Form CollegeAcademy 16-19 Converter7.53 KM
Birch Wood (Melton Area Special School)Community Special SchoolGood7.83 KM

Images

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO8.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hayloft House,Burrough Road, Somerby, Melton Mowbray £ 450,000BUY7 / 100.00 KM
Burrough Road, Somerby, Melton Mowbray £ 575,000BUYUnknown0.00 KM
Grove Stud Cottage, 22 Burrough Road, Somerby, LE14 2PP £ 525,000BUY7 / 100.09 KM
Burrough Road, Somerby, Melton Mowbray, LE14 £ 550,000BUY7 / 100.14 KM
The Field, Somerby, Melton Mowbray £ 325,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
32 Burrough Road £ 142,5000.01 KM
10 Burrough Road £ 260,0000.01 KM
38 Burrough Road £ 240,0000.03 KM
14 Burrough Road £ 260,0000.03 KM
34 Burrough Road £ 154,0000.03 KM