Culture Close, Melton Mowbray, LE13
MC

Culture Close, Melton Mowbray, LE13

By McGowan Housing

£ 185,000

Reviews

3 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Tenants Currently Situated | 2 Bedroom End-of-Terrace House | Well-Maintained Property | 1 Bathroom and a separate WC | Close to high schools in Milton, including John Ferneley College | Prime Rental Location- Melton Mowbray

Property Oracle says ..

The property is a two-bedroom end-of-terrace house listed at £185,000. The images show a modern property that appears to be in good condition, with a small, enclosed rear garden. The interior is clean and well-maintained. The kitchen and bathroom are modern and functional. The property benefits from its proximity to John Ferneley College (rated Good by Ofsted), located just 0.26km away. This is a significant positive for families. Melton Mowbray train station is also relatively close, at 2.40km. While the property itself seems well-maintained and in good condition, the list price should be considered in relation to the average house price in the area. The average house price in Melton Mowbray is significantly higher at £717,932, and the average price per square foot is £427. However, the average house size is 1,680 sqft, and the size of this property is not provided. The nearby comparable properties range in price from £152,500 to £280,000, suggesting that the list price of £185,000 may be reasonable, particularly given the property’s good condition and location near a well-regarded school and train station. However, without the square footage of the property, a definitive conclusion on price value cannot be reached. More information is needed to accurately assess the value. The small enclosed garden is a positive feature, although its size is not specified. The location is good, given the proximity to schools and transport links. In summary, this property presents itself as a well-maintained, modern home in a convenient location, close to amenities and transport links. The price may be reasonable relative to comparable properties, but more information is required to ascertain the price per sqft and provide a more comprehensive and accurate analysis.

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
6
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
321.84

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
253,317.00 £
Decreased by 3.39 %
from 262,197.00 £
Est sale value
90,115.20 £
Increased by 21.21 %
from 74,345.04 £
Average area rental value
1,024.00 £/mo
Increased by 17.57 %
from 871.00 £/mo
Est letting value
321.84 £/mo
from 0.00 £/mo
Est rental Yield
4.85 %
Increased by 21.55 %
from 3.99 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
John Ferneley CollegeAcademy ConverterGood0.26 KM
Fairmead Sure Start Children'S CentreChildren's Centre1.14 KM
St Mary'S Church Of England Primary SchoolAcademy Sponsor LedGood1.70 KM
Brownlow Primary SchoolAcademy ConverterGood1.84 KM
The Cove Sure Start Children'S CentreChildren's Centre1.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Discovery Drive £ 000.00 KM
Leighton Road £ 000.00 KM
Culture Close £ 000.00 KM
Conway Drive £ 000.00 KM
Shelley Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO2.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Culture Close, Melton Mowbray, LE13 £ 185,000BUY6 / 100.00 KM
Performance Way, Melton Mowbray, Leicestershire £ 240,000BUY8 / 100.13 KM
Brockington Road, Melton Mowbray, LE13 1NB £ 280,000BUY7 / 100.13 KM
Performance Way, Melton Mowbray £ 215,000BUY7 / 100.15 KM
CORNER PLOT at Performance Way, Melton Mowbray, LE13 1FA £ 310,000BUY8 / 100.15 KM

Nearby Properties

AddressPriceDistance
16 Brockington Road £ 199,9950.14 KM
8 Brockington Road £ 208,0000.14 KM
30 Brockington Road £ 204,5000.14 KM
14 Brockington Road £ 255,0000.14 KM
36 Brockington Road £ 152,5000.14 KM