Melton Mowbray
OS

Melton Mowbray

By Osprey Property

£ 450,000

Reviews

3 out of 5 stars

Osprey Property says ..

Move in for the summer! Located at the end of a quiet cul-de-sac, this home possesses extensive dimensions for all of the family, including four bedrooms, three bathrooms (en-suite shower rooms in bedrooms one and two and a family bathroom), extensive dining kitchen and a well-equipped utility.

Property Oracle says ..

The property is a 4-bedroom, 3-bathroom detached house located in Melton Mowbray, Leicestershire. It has a plot size of 1,719 sqft and is listed at £450,000. The average house price in the area is significantly higher at £717,932, with an average price per sqft of £427. However, the provided data on nearby properties shows a range of prices considerably lower than the average. The property appears to be newly built or very recently renovated, as evidenced by the images. It includes a double garage and a rear garden. The property’s location is positive, with a train station approximately 1.8km away and several schools within a reasonable distance. The proximity to Long Field Spencer Academy, rated ‘Good’ by Ofsted, is a particular advantage. However, the condition of the property is difficult to assess definitively from the images alone. While the property looks modern and well-maintained, the lack of flooring and some finishing touches might suggest that it is not entirely complete. The land is relatively small for a detached property, but it does include a garden and a double garage. Given the lower list price compared to the area average, and considering the property’s apparent new condition, the price of £450,000 could be considered reasonable, although further investigation into the specifics of the property’s completion and any associated costs would be necessary to provide a more precise assessment.

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
7
Condition
8
Location
7
Land
6
Bedrooms
4
Bathrooms
3
Sqft (est)
1,466.91
Lot (est)
1,719.00

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
809,734.32 £
Increased by 17.20 %
from 690,914.61 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
4,400.73 £/mo
Increased by 200.00 %
from 1,466.91 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Osprey Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Long Field Spencer AcademyAcademy ConverterGood0.71 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement1.14 KM
Saint Francis Catholic Primary SchoolAcademy Converter1.35 KM
The Grove Primary SchoolAcademy ConverterRequires improvement1.48 KM
The Edge Sure Start Children'S CentreChildren's Centre1.54 KM

Images

DSC_2317 DSC_2322 Kitchen/Breakfast... Kitchen/Breakfast... Kitchen/Breakfast... Kitchen Dining Ar... Utility Living Room Living Room Entrance Hall Entrance Hall Dressing Room to ... En-suite Bedroom Rear View Bathroom Bedroom Bedroom Bedroom Bedroom Two Rear Garden Rear Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
Harrison Drive £ 000.00 KM
Lander Close £ 000.00 KM
Davenport Close £ 000.00 KM
Bailey Crescent £ 000.00 KM
Gilbey Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melton Mowbray £ 450,000BUY7 / 100.00 KM
Fisher Drive, Melton Mowbray £ 235,000BUY7 / 100.05 KM
Fisher Drive, Melton Mowbray £ 300,000BUY8 / 100.06 KM
Harrison Drive, Melton Mowbray £ 315,000BUY7 / 100.10 KM
Harrison Drive, Melton Mowbray, Leicestershire £ 350,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
1 Teasel Drive £ 295,0000.18 KM
3 Teasel Drive £ 297,0000.18 KM
2 Teasel Drive £ 249,9500.18 KM
6 Trent Bank £ 190,0000.18 KM
7 Trent Bank £ 210,0000.18 KM