Somerset Close, Melton Mowbray
CO

Somerset Close, Melton Mowbray

By Connells

£ 425,000

Reviews

3 out of 5 stars

Connells says ..

New to the market is this detached bungalow situated in a sought-after location, in brief comprises, entrance hall, shower room, separate bathroom, 2 reception rooms, kitchen, utility room and three bedrooms. There is parking to the front, double garage and a wraparound rear garden.

Property Oracle says ..

The property is a detached bungalow located on Somerset Close, in Melton Mowbray, Leicestershire. It features 3 bedrooms and 2 bathrooms, with a total area of 1,035 sqft. The location benefits from being within a reasonable distance of Melton Mowbray train station (1.35km) and several schools, including Sherard Primary School (1.03km) and Melton Vale Sixth Form College (1.02km). Based on the images, the property appears to be in a dated condition and would benefit from modernisation. The kitchen and bathrooms, while functional, show their age. The interior design and decor also suggest a need for updating. The property includes a garden, as seen in the images, which offers outdoor space. Considering the average price per sqft in the area is £552, and this property is listed at £425,000 for 1,035 sqft (approximately £410 per sqft), it appears to be reasonably priced, especially given the need for renovation. Nearby listings of similar detached bungalows are priced between £350,000 and £450,000. The average price in the area is £681,429 with an average sqft of 1,234.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
5
Location
7
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
1,035.00

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
571,320.00 £
Increased by 17.20 %
from 487,485.00 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
3,105.00 £/mo
Increased by 200.00 %
from 1,035.00 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
The Edge Sure Start Children'S CentreChildren's Centre0.99 KM
Melton Vale Sixth Form CollegeAcademy 16-19 Converter1.02 KM
Sherard Primary SchoolAcademy Sponsor Led1.03 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement1.05 KM
Saint Francis Catholic Primary SchoolAcademy Converter1.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cotswold Close £ 000.00 KM
Essex Close £ 616,66700.00 KM
Hartopp Road £ 220,00000.00 KM
King Edward Avenue £ 000.00 KM
Chapman Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somerset Close, Melton Mowbray £ 425,000BUY6 / 100.00 KM
Norfolk Drive, Melton Mowbray, LE13 £ 425,000BUYUnknown0.15 KM
Dorset Drive, Melton Mowbray, LE13 0JN £ 435,000BUY7 / 100.17 KM
Norfolk Drive, Melton Mowbray, Leicestershire £ 435,000BUY7 / 100.21 KM
Oxford Drive, Melton Mowbray £ 595,000BUY7 / 100.21 KM

Nearby Properties

AddressPriceDistance
22 Somerset Close £ 250,0000.00 KM
8 Somerset Close £ 287,5000.00 KM
24 Somerset Close £ 275,0000.00 KM
9 Somerset Close £ 375,0000.00 KM
7 Somerset Close £ 174,0000.00 KM