Riva Lily Estate Agents, Powered by eXp says ..

Property Oracle says ..

The property is a two-bedroom, one-bathroom house with a total area of 611.28 sqft and a plot size of 641.53 sqft. It’s situated in a residential area on the north side of Melton Mowbray. The property benefits from being close to St Mary’s Church of England Primary School (0.31 KM), which has a good Ofsted rating. A nearby train station, Melton Mowbray, is approximately 2.60 KM away. The property appears to be in good condition based on the provided photos. The interior is presented well, and the exterior shows a well-maintained brick structure. The kitchen and bathroom appear to be clean and functional, though the bathroom could benefit from some minor updates. The property includes a small but well maintained garden. Considering the list price of £90,000 and the average price per sqft in the area (£427.00), the property seems to be priced competitively. However, it’s important to note that the average house price in the area is significantly higher (£717,932) and the average sqft is much larger (1,680 sqft). This discrepancy is likely due to the smaller size and potentially lower specification of the property in question compared to the average property in Melton Mowbray. The presence of nearby comparable properties on Clydesdale Close, with prices ranging from £39,500 to £180,750, further supports the competitive pricing of this property. The fact that this property is smaller and has fewer amenities than the average property in the area is reflected in its price. The location is positive, given its proximity to a well-regarded primary school and a train station. The small garden adds to the property’s appeal.

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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