Middletons says ..

Property Oracle says ..

This 2-bedroom detached bungalow in Melton Mowbray, Leicestershire is listed at £240,000. The property benefits from a garage and a garden, although the garden appears to be somewhat overgrown and in need of attention. The interior shows a property that is largely in need of modernisation. The kitchen and bathroom appear functional but dated, and the decor throughout suggests a property that would benefit from refurbishment to enhance its appeal and value. The location is reasonably close to local amenities and schools, with Melton Mowbray train station within a reasonable distance. However, the average house price in the area is significantly higher (£717,932), and the average price per square foot (£427) is also considerably more than what one might expect for a property in this condition. Considering the condition of the property and the higher average prices in the area, the asking price of £240,000 may appear reasonable in comparison to some nearby properties, but a full refurbishment would likely be necessary to bring it up to the standard of other properties in the area.

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

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