Middletons says ..

Property Oracle says ..

Location: The property is located in Melton Mowbray, Leicestershire, which benefits from being relatively close to a railway station (Melton Mowbray, 3.01 KM). Several schools are within a reasonable distance, including St Mary’s Church of England Primary School (0.34 KM), which is rated ‘Good’ by Ofsted. The proximity to these amenities makes it a reasonably convenient location for families. However, the area insights show that average house prices are significantly higher (717,932) than the listed price of this property (220,000), suggesting that this specific location might not be considered a premium area within Melton Mowbray.

Condition: Based on the provided images, the property appears to be in excellent condition. It is modern, well-maintained, and shows no signs of needing repair or renovation. The interior is clean, contemporary and well-presented.

Land: The property includes a relatively small, but well-maintained, paved garden with raised planters and a shed. While not expansive, it provides a usable outdoor space.

Price: The list price of £220,000 is considerably lower than the average house price in the area (£717,932). However, the average price per sqft in the area (£427) is not directly comparable due to the lack of sqft information for the nearby properties. The property’s size (547.66 sqft) is also much smaller than the average in the area (1,680 sqft). Considering the smaller size and lower-than-average price, the listed price may seem reasonable in comparison to other similar properties in the area, but further data is needed for a more accurate assessment. The nearby properties on Woolsthorpe Close are listed at £300,000, suggesting that the listed property may be underpriced, especially considering its apparent excellent condition.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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