Apartment 16, The George Hotel, High Street, Melton Mowbray
MI

Apartment 16, The George Hotel, High Street, Melton Mowbray

By Mike Ford Estate Agents & Valuers LTD

£ 100,000

Reviews

2 out of 5 stars

Mike Ford Estate Agents & Valuers LTD says ..

An exciting opportunity to acquire this beautifully presented and much enhanced one bedroom ground floor flat ideally situated in the town centre and is offered with no upward chain.

Property Oracle says ..

This one-bedroom apartment is located on the High Street in Melton Mowbray, Leicestershire. The property is situated within a larger building, “The George Hotel.” The apartment itself appears to be in good condition, with a modern kitchen and bathroom visible in the provided photographs. The interior shows a clean and well-maintained aesthetic. There is no outdoor space associated with the apartment. The location on the High Street offers convenient access to local amenities and the Melton Mowbray train station, making it suitable for commuters or those prioritizing city centre living. However, the lack of private outdoor space and the presence of traffic from a busy street may be drawbacks for some potential buyers. The price of £100,000 appears reasonable given the limited square footage and lack of land, particularly compared to some of the larger nearby properties, but is not outstandingly low compared to other smaller properties in the area.

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
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
455.20

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
251,270.40 £
Increased by 17.20 %
from 214,399.20 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
1,365.60 £/mo
Increased by 200.00 %
from 455.20 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Mike Ford Estate Agents & Valuers LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Saint Francis Catholic Primary SchoolAcademy Converter0.60 KM
The Grove Primary SchoolAcademy ConverterRequires improvement0.83 KM
The Edge Sure Start Children'S CentreChildren's Centre0.93 KM
Fairmead Sure Start Children'S CentreChildren's Centre1.13 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 000.00 KM
Wilton Terrace £ 000.00 KM
Leicester Place £ 000.00 KM
South Parade £ 000.00 KM
Fox Yard £ 90,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO0.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Apartment 16, The George Hotel, High Street, Melton Mowbray £ 100,000BUY5 / 100.00 KM
High Street, Melton Mowbray £ 189,950BUYUnknown0.02 KM
High Street, Melton Mowbray £ 120,000BUY5 / 100.02 KM
Incredible Price at The George Hotel, Melton, LE13 0TR £ 75,000BUY6 / 100.04 KM
High Street, The George Hotel £ 100,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
11a High Street £ 125,0000.02 KM
25 Leicester Street £ 155,0000.10 KM
17 Leicester Street £ 165,5000.10 KM
9 Leicester Street £ 242,6390.10 KM
Waverley House £ 180,0000.20 KM