Lake Terrace, Melton Mowbray, Leicestershire, LE13
By NCHA Sales
£ 55,000
Reviews
3 out of 5 stars
NCHA Sales says ..
25% shared ownership of a two-bedroom semi-detached house for £55,000. Monthly rent on remaining share is £378.13. In addition, there will be a monthly service charge of £39.26. There is no ground rent to pay.
Property Oracle says ..
This two-bedroom semi-detached house on Lake Terrace in Melton Mowbray presents a great opportunity, particularly for first-time buyers or investors. The property is in good condition, requiring no immediate work, and is located within a reasonable distance of schools and transportation. While the garden isn’t huge, it offers outdoor space. The standout feature is the price, which is substantially lower than the average for the area, making it an attractive purchase.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 8
- Location
- 6
- Land
- 5
- Bedrooms
- 2
- 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
- 15.00 %Unchanged by 0.00 %
Agent Activity
NCHA Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Long Field Spencer Academy | Academy Converter | Good | 0.20 KM |
| The Grove Primary School | Academy Converter | Requires improvement | 0.67 KM |
| Saint Francis Catholic Primary School | Academy Converter | 1.03 KM | |
| The Cove Sure Start Children'S Centre | Children's Centre | 1.14 KM | |
| Swallowdale Primary School And Community Centre | Academy Converter | Requires improvement | 1.37 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stirling Road | £ 0 | 0 | 0.00 KM |
| Lander Close | £ 0 | 0 | 0.00 KM |
| Harrison Drive | £ 0 | 0 | 0.00 KM |
| Bailey Crescent | £ 0 | 0 | 0.00 KM |
| Davenport Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melton Mowbray | 1851 | MMO | 1.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lake Terrace, Melton Mowbray, Leicestershire, LE13 | £ 77,000 | BUY | Unknown | 0.00 KM |
| Lake Terrace, Melton Mowbray, Leicestershire, LE13 | £ 110,000 | BUY | Unknown | 0.00 KM |
| Lake Terrace, Melton Mowbray, Leicestershire, LE13 | £ 55,000 | BUY | 7 / 10 | 0.00 KM |
| Lake Terrace, Melton Mowbray, Leicestershire, LE13 | £ 87,500 | BUY | 6 / 10 | 0.00 KM |
| Halifax Drive, Melton Mowbray | £ 140,000 | BUY | 6 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Lake Terrace | £ 168,000 | 0.00 KM |
| 46 Lake Terrace | £ 108,000 | 0.00 KM |
| 55 Lake Terrace | £ 97,500 | 0.00 KM |
| 27 Lake Terrace | £ 114,000 | 0.00 KM |
| 2 Lake Terrace | £ 55,781 | 0.00 KM |