High Street, Melton Mowbray
CO

High Street, Melton Mowbray

By Connells

£ 145,000

Reviews

2 out of 5 stars

Connells says ..

Rebuilt behind an iconic façade is this first floor, spacious three bedroom apartment which is finished to a high specification. This historic hotel building restored to its former glory was once one of the country’s most famous Coaching Inns, transformed into one of the most desirable locations.

Property Oracle says ..

This three-bedroom property located on High Street, Melton Mowbray, offers a convenient town-centre location with proximity to the train station and local schools. The interior appears clean and functional in the provided images, though not recently renovated. It presents as a habitable property, ideal for a first-time buyer or an investor seeking rental income. A significant limitation is the lack of private outdoor space, the property having virtually no land. The price appears reasonable considering the location and property type, but a more precise evaluation is dependent on the availability of detailed data about similar properties, including their square footage. The lack of detailed information on local comparable properties, such as square footage, hampers a more precise analysis.

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
6
Location
7
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
700.00

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
681,429.00 £
Increased by 9.78 %
from 620,704.00 £
Est sale value
386,400.00 £
Increased by 17.20 %
from 329,700.00 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
2,100.00 £/mo
Increased by 200.00 %
from 700.00 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Saint Francis Catholic Primary SchoolAcademy Converter0.62 KM
The Grove Primary SchoolAcademy ConverterRequires improvement0.86 KM
The Edge Sure Start Children'S CentreChildren's Centre0.94 KM
Fairmead Sure Start Children'S CentreChildren's Centre1.13 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement1.42 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 000.00 KM
Wilton Terrace £ 000.00 KM
South Parade £ 000.00 KM
Leicester Place £ 000.00 KM
Fox Yard £ 90,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO0.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Melton Mowbray, LE13 £ 55,000BUY6 / 100.00 KM
High Street, The George Hotel £ 100,000BUY5 / 100.00 KM
High Street, Melton Mowbray £ 145,000BUY5 / 100.00 KM
High Street, Melton Mowbray £ 120,000BUY5 / 100.02 KM
High Street, Melton Mowbray £ 189,950BUYUnknown0.02 KM

Nearby Properties

AddressPriceDistance
11a High Street £ 125,0000.02 KM
9 Leicester Street £ 242,6390.10 KM
25 Leicester Street £ 155,0000.10 KM
17 Leicester Street £ 165,5000.10 KM
Waverley House £ 180,0000.18 KM