Buttermere Close, Melton Mowbray
MI

Buttermere Close, Melton Mowbray

By Middletons

£ 124,950

Reviews

2 out of 5 stars

Middletons says ..

Offered with no upward chain a great investment or first time buy opportunity, modern second floor apartment with two double bedrooms, situated within walking distance of the town centre and train station and ideally placed for commuting to Leicester, Oakham and Peterborough.

Property Oracle says ..

This property is a two bedroom flat located in Melton Mowbray, Leicestershire. The property is conveniently located near several schools, including Long Field Spencer Academy (rated Good by Ofsted) and The Grove Primary School. Melton Mowbray train station is also within a reasonable distance, providing access to East Midlands Railway services. The flat itself appears to be in good condition, clean and well-maintained based on the provided images. However, it is important to note that the property has a small plot size of 0 sqft, meaning there is no garden. The list price of £124,950 seems reasonable when compared to other similar properties in the area. The average price per sqft in the area is £427, and this property is 720 sqft, suggesting a potential value of £306,240. However, the actual average house price in the area is significantly higher at £717,932, indicating that this flat is priced comparatively lower, possibly due to the lack of outdoor space and the fact that it is a flat rather than a house.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
720.00

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
397,440.00 £
Increased by 17.20 %
from 339,120.00 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
2,160.00 £/mo
Increased by 200.00 %
from 720.00 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Middletons marked this listing as sold.

  • Middletons created the listing.

Nearby Schools

NameTypeOfstedDistance
Long Field Spencer AcademyAcademy ConverterGood0.40 KM
The Grove Primary SchoolAcademy ConverterRequires improvement0.55 KM
Saint Francis Catholic Primary SchoolAcademy Converter0.85 KM
The Cove Sure Start Children'S CentreChildren's Centre1.12 KM
The Edge Sure Start Children'S CentreChildren's Centre1.27 KM

Images

IMG_1659 IMG_1672 IMG_1713 IMG_1682 IMG_1663 IMG_1703 IMG_1697 IMG_1686 IMG_1689 image2 image0

Nearby Streets

NameAverage PriceAverage SqftDistance
Stirling Road £ 000.00 KM
Wilton Road £ 000.00 KM
Lander Close £ 000.00 KM
Harrison Drive £ 000.00 KM
Davenport Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Buttermere Close, Melton Mowbray £ 124,950BUY5 / 100.00 KM
Buttermere Close, Melton Mowbray £ 120,000BUY5 / 100.00 KM
Buttermere Close, Melton Mowbray, Leicestershire £ 180,000BUYUnknown0.01 KM
Buttermere Close, Melton Mowbray £ 200,000BUY7 / 100.03 KM
Buttermere Close, Melton Mowbray, LE13 £ 230,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
27 Buttermere Close £ 124,5000.01 KM
17 Buttermere Close £ 147,0000.01 KM
33 Buttermere Close £ 196,0000.01 KM
23 Buttermere Close £ 117,7500.01 KM
13 Buttermere Close £ 205,0000.01 KM