Elmhurst Avenue, Melton Mowbray LE130SG
By yieldit
£ 210,000
yieldit says ..
This excellent semi-detached property is situated on a quiet residential road and has three well-proportioned bedrooms and a fourth attic room which is accessible through a loft hatch. There is a spacious lounge with bay windows, good-sized modern fitted kitchen, a large conservatory and a family bathroom. To the rear of the property is a fantastic garden which includes a paved patio, lawn and an insulated garden shed. The location is perfectly located close to plenty of local shops, amenities and supermarkets. <br /><br />Melton has a fantastic lifestyle on offer and was named one of top 10 places to live in the Midlands by the Sunday Times in 2020 thanks to it’s schools, transport, green spaces and quality of high street. It is ideally located within easy reach of all three of Leicestershire’s highly regarded Universities and has excellent transport links via rail and road to some of the UK’s major cities such as Leicester, Nottingham, Birmingham, Peterborough and London. <br /><br />The town is undergoing an exciting period of regeneration and investment which aims to improve leisure facilities, revitalise the town centre, encourage investment, create jobs and build on it’s reputation as the Rural Capital of Food. Additionally, property prices in Melton continue to rise yearly, over the last year they increased 17% upon the previous year and the average selling price for a property on Elmhurst Avenue over the last year was £290,000 (Zoopla) which makes this an excellently priced opportunity for investment. Don't miss out and enquire today!<br /><br /> Financial Breakdown<br /><br /> Gross rent: £7,680 <br /> Net income: £7,680 <br /> Gross yield: 3.66% <br /> Net yield: 3.66% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17365
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 681,429.00 £Increased by 9.78 %
- Average area rental value
- 4,211.00 £/moIncreased by 103.92 %
- Est rental Yield
- 7.42 %Increased by 85.96 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Cove Sure Start Children'S Centre | Children's Centre | 0.46 KM | |
| St Mary'S Church Of England Primary School | Academy Sponsor Led | Good | 0.55 KM |
| Fairmead Sure Start Children'S Centre | Children's Centre | 1.10 KM | |
| The Grove Primary School | Academy Converter | Requires improvement | 1.15 KM |
| Long Field Spencer Academy | Academy Converter | Good | 1.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lynton Road | £ 0 | 0 | 0.00 KM |
| Woolsthorpe Close | £ 300,000 | 0 | 0.00 KM |
| Grange Close | £ 310,000 | 0 | 0.00 KM |
| Stirling Road | £ 0 | 0 | 0.00 KM |
| Sycamore Close | £ 310,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melton Mowbray | 1851 | MMO | 2.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Elmhurst Avenue, Melton Mowbray | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Lancers Drive, Melton Mowbray | £ 240,000 | BUY | 6 / 10 | 0.18 KM |
| Lancers Drive, Melton Mowbray | £ 220,000 | BUY | 7 / 10 | 0.19 KM |
| Cul-De-Sac Location on Lancers Drive, Melton, LE13 0SY | £ 240,000 | BUY | 7 / 10 | 0.20 KM |
| NO CHAIN on Lancers Drive, Melton Mowbray, LE13 0SY | £ 85,000 | BUY | 6 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Elmhurst Avenue | £ 138,500 | 0.00 KM |
| 43 Elmhurst Avenue | £ 170,000 | 0.00 KM |
| 39 Elmhurst Avenue | £ 231,500 | 0.00 KM |
| 51 Elmhurst Avenue | £ 169,950 | 0.02 KM |
| 19 Elmhurst Avenue | £ 115,000 | 0.02 KM |