Mike Ford Estate Agents & Valuers LTD says ..

Property Oracle says ..

The property is a 3-bedroom detached house located in Waverley Court, Melton Mowbray, Leicestershire. It has a list price of £260,000 and is 1,356.25 sqft with a plot size of 1,286.29 sqft. The location is reasonably good, with nearby schools and a train station. The proximity to Sherard Primary School (0.45km) and Melton Vale Sixth Form College (0.71km) is a positive for families. Melton Mowbray train station (0.92km) provides convenient access to other areas. However, the average house price in the area is significantly higher (£717,932), suggesting this property might be in a less desirable part of Melton Mowbray. More information on the specific location within Waverley Court would be beneficial for a more precise assessment. Based on the photographs, the property appears to be in fair condition, but it is dated and would likely benefit from some modernisation. The kitchen and bathrooms show their age, and the interior decor is somewhat outdated. There is evidence of wear and tear throughout the property. While structurally sound, significant cosmetic updates are needed to bring it up to modern standards. The garden appears well-maintained, adding to the overall appeal. The property includes a garden, which is a desirable feature. The size of the garden (1,286.29 sqft) is relatively modest, but sufficient for a family home. Considering the property’s condition, location, and size, the list price of £260,000 appears to be relatively reasonable, but perhaps slightly on the higher side. While the average price per sqft in the area is £427, this property is smaller than average and requires modernisation. The nearby comparable properties, while lacking sqft data, suggest that the price is within the range of similar properties in the area, but a more detailed comparison with properties of similar size and condition in Waverley Court would be needed to confirm this.

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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