Sweet Leys Way, Melbourne, DERBY
AS

Sweet Leys Way, Melbourne, DERBY

By Ashley Adams

£ 132,500

Reviews

2 out of 5 stars

Ashley Adams says ..

A well presented 3 bedroom modern end town house, with gas fired central heating system and upvc double glazing. The property was constructed by Davidsons and is offered as a 50% shared ownership with the rental amount payable being £420.89 pcm.

Property Oracle says ..

This 3-bedroom end-of-terrace house in Melbourne, Derbyshire, is presented as a 50% shared ownership property. The listing highlights its modern features, including gas central heating and double glazing. The property is located close to highly-rated primary schools, which is a significant positive for families. The images showcase a well-maintained interior with a modern kitchen and bathroom. The house benefits from a small, enclosed rear garden. However, a key point to consider is that it’s a shared ownership property, so buyers should carefully review the terms and conditions associated with this ownership model. Further, the lack of square footage information for comparable properties makes it difficult to fully assess its value against the asking price. A thorough survey is advised to identify any potential issues before committing to purchase. The proximity to transport links (although not directly within the village) is another consideration; this would help buyers factor in commute times, should they not have a car. Overall, the property is presented well and is appealing for those seeking a family-friendly home in a desirable village setting, with the key caveat being the shared ownership arrangement and the need for additional due diligence regarding the price.

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
6
Condition
7
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
880.00

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
359,983.00 £
Increased by 4.26 %
from 345,268.00 £
Est sale value
322,960.00 £
Increased by 15.05 %
from 280,720.00 £
Average area rental value
1,493.00 £/mo
Increased by 43.83 %
from 1,038.00 £/mo
Est letting value
880.00 £/mo
from 0.00 £/mo
Est rental Yield
4.98 %
Increased by 37.95 %
from 3.61 %
Crime Rate
75.00 %
Unchanged by 0.00 %
from 75.00 %

Agent Activity

  • Ashley Adams created the listing.

Nearby Schools

NameTypeOfstedDistance
Melbourne Infant SchoolCommunity SchoolOutstanding0.40 KM
Melbourne Junior SchoolCommunity SchoolGood0.47 KM
Weston-On-Trent Cofe (Va) Primary SchoolVoluntary Aided SchoolGood3.48 KM
St Hardulph'S Church Of England Primary SchoolVoluntary Controlled SchoolGood3.63 KM
Chellaston Fields Spencer AcademyFree Schools4.21 KM

Images

Outside

Nearby Streets

NameAverage PriceAverage SqftDistance
FP16 £ 000.00 KM
FP39 £ 670,00000.00 KM
Woodlands Close £ 000.00 KM
Windsor Avenue £ 000.00 KM
The Pingle £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Spondon1699SPO9.63 KM
Peartree1687PEA9.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Sweet Leys Way, Melbourne, DERBY £ 132,500BUY5 / 100.00 KM
Sweet Leys Way, Melbourne, Derby £ 350,000BUY6 / 100.00 KM
Earp Way, Melbourne, DE73 8JQ £ 785,000BUY8 / 100.07 KM
Tivey Way, Melbourne, Derby £ 335,000BUY7 / 100.07 KM
Sweet Leys Way, Melbourne £ 350,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
14 Sweet Leys Way £ 232,4950.00 KM
42a Sweet Leys Way £ 307,0000.00 KM
35 Sweet Leys Way £ 390,0000.00 KM
28 Sweet Leys Way £ 167,5000.00 KM
4 Sweet Leys Way £ 185,0000.00 KM