Belvoir says ..
ATTENTION INVESTORS. Tenant in Situ with potential yield of 11%. This first floor apartment is in the centre of Melton Mowbray. Open plan living/dining kitchen and a large double bedroom. It is exceptionally quiet here.
Property Oracle says ..
This is a one-bedroom apartment located on High Street in Melton Mowbray. The property is listed by Belvoir. The apartment appears to be in good condition, with a modern kitchen and bathroom. The location is central, with good access to local amenities and transportation. The list price of £55,000 represents good value for money, being well below the average property price in the area. The property benefits from its central location, placing it close to shops, restaurants, and public transport links. The interior of the apartment appears to be well-maintained and modern, suggesting it is ready for immediate occupancy. The lack of private outdoor space may be a drawback for some buyers. The apartment’s location within a hotel building could offer unique benefits or drawbacks depending on the management and services available.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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 %
- Average area rental value
- 4,211.00 £/moIncreased by 103.92 %
- Est rental Yield
- 7.42 %Increased by 85.96 %
- Crime Rate
- 31.00 %Unchanged by 0.00 %
Agent Activity
Belvoir created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Saint Francis Catholic Primary School | Academy Converter | 0.62 KM | |
| The Grove Primary School | Academy Converter | Requires improvement | 0.86 KM |
| The Edge Sure Start Children'S Centre | Children's Centre | 0.94 KM | |
| Fairmead Sure Start Children'S Centre | Children's Centre | 1.13 KM | |
| Swallowdale Primary School And Community Centre | Academy Converter | Requires improvement | 1.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| High Street | £ 0 | 0 | 0.00 KM |
| Wilton Terrace | £ 0 | 0 | 0.00 KM |
| South Parade | £ 0 | 0 | 0.00 KM |
| Leicester Place | £ 0 | 0 | 0.00 KM |
| Fox Yard | £ 90,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melton Mowbray | 1851 | MMO | 0.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Melton Mowbray, LE13 | £ 55,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, The George Hotel | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Melton Mowbray | £ 145,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Melton Mowbray | £ 120,000 | BUY | 5 / 10 | 0.02 KM |
| High Street, Melton Mowbray | £ 189,950 | BUY | Unknown | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11a High Street | £ 125,000 | 0.02 KM |
| 17 Leicester Street | £ 165,500 | 0.10 KM |
| 25 Leicester Street | £ 155,000 | 0.10 KM |
| 9 Leicester Street | £ 242,639 | 0.10 KM |
| Waverley House | £ 180,000 | 0.18 KM |