Melton Road, Leicester, LE4
RA

Melton Road, Leicester, LE4

By Rathods

£ 340,000

Reviews

2 out of 5 stars

Rathods says ..

Rathods proudly presents this charming two-bedroom mid-terrace house & one bedroom Annex, perfectly situated in a highly sought-after residential area on Melton Road. This delightful property enjoys close proximity to local shops and schools, as well as convenient access to public transportati...

Property Oracle says ..

This three-bedroom, three-bathroom terraced house situated on Melton Road in Leicester’s Belgrave area presents a mixed bag. The property benefits from a convenient location, with easy access to various amenities, schools, and transport links. The presence of several well-regarded schools nearby enhances its family appeal. However, the location’s proximity to a major road might impact tranquility.

Internally, the property displays a blend of updated and dated features. Some areas, such as certain kitchen areas, appear reasonably modern, while others, notably the bathrooms, would benefit from renovations. The presence of hardwood flooring is a positive, however, the overall condition suggests that modernisation or cosmetic improvements would be necessary to elevate the property’s presentation. The presence of an annex is a plus.

The small paved garden area provides some outdoor space, but it’s limited in size and condition.

The listed price is reasonably priced relative to the market, but the lack of information on the property’s square footage hinders a definitive judgment on value for money. Overall, potential buyers should be prepared to factor in additional costs for renovations and maintenance. The absence of crucial data such as the property’s square footage makes it impossible to give a more thorough price-to-square-foot analysis. The value is dependent on the buyer’s willingness to undertake upgrades and the importance they place on the existing features and the location.

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
7
Condition
5
Location
7
Land
3
Bedrooms
3
Bathrooms
3

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
430,000.00 £
Decreased by 17.39 %
from 520,527.00 £
Average area rental value
1,715.00 £/mo
Increased by 5.67 %
from 1,623.00 £/mo
Est rental Yield
4.79 %
Increased by 28.07 %
from 3.74 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Rathods marked this listing as sold.

  • Rathods created the listing.

Nearby Schools

NameTypeOfstedDistance
Belgrave And Rushey Mead Sure Start Children'S CentreChildren's Centre Linked Site0.27 KM
Darul Uloom LeicesterOther Independent SchoolGood0.30 KM
Abbey Mead Primary AcademyAcademy Converter0.48 KM
Mellor Community Primary SchoolCommunity SchoolGood0.61 KM
Saint Patrick'S Catholic Voluntary AcademyAcademy Converter0.61 KM

Images

Photograph 1 Photograph 2 Photograph 3 Photograph 4 Photograph 5 Photograph 6 Photograph 7 Photograph 8 REAR ANNEX KITCHEN BEDROOM BATHROOM Photograph 12 Photograph 13 Photograph 14

Nearby Streets

NameAverage PriceAverage SqftDistance
Ratcliffe Street £ 340,00000.00 KM
Herbert Avenue £ 230,00000.00 KM
Portman Street £ 295,00000.00 KM
Royal Road £ 000.00 KM
The Greenway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI2.50 KM
Syston1900SYS6.18 KM
South Wigston1949SWS8.06 KM
Sileby1902SIL8.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 5, Melton Road, Leicester, LE4 £ 80,000BUY4 / 100.00 KM
Wingfield Street, Leicester, LE4 £ 235,000BUY5 / 100.07 KM
Shaftesbury Avenue, Leicester, LE4 £ 270,000BUY6 / 100.14 KM
Windsor Avenue, Leicester, LE4 £ 385,000BUY6 / 100.23 KM
Loughborough Road, Belgrave, Leicester £ 155,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
48 Melton Road £ 225,0000.01 KM
3a Melton Road £ 145,0000.06 KM
10 Portsmouth Road £ 365,0000.14 KM
25 Broadhurst Street £ 140,0000.15 KM
57 Newington Street £ 205,0000.16 KM