Worst House on the Street Logo
Tamar Road, Melton Mowbray, Leicestershire - Image 1
Tamar Road, Melton Mowbray, Leicestershire - Image 2
Tamar Road, Melton Mowbray, Leicestershire - Image 3
Tamar Road, Melton Mowbray, Leicestershire - Image 4
Tamar Road, Melton Mowbray, Leicestershire - Image 5
Tamar Road, Melton Mowbray, Leicestershire - Image 6
Tamar Road, Melton Mowbray, Leicestershire - Image 7
Tamar Road, Melton Mowbray, Leicestershire - Image 8
Tamar Road, Melton Mowbray, Leicestershire - Image 9
Tamar Road, Melton Mowbray, Leicestershire - Image 10

Tamar Road, Melton Mowbray, Leicestershire

East Midlands

£210,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1031 sqft

Description

Nestled in a tranquil cul-de-sac in Melton Mowbray, this two-bedroom detached bungalow presents a unique opportunity for renovation enthusiasts and investors alike. While the property currently requires modernization, it provides a solid foundation to create a tailored living space that reflects personal taste and style. Upon entering, you are welcomed by an entrance hall that leads to a spacious living room, featuring large windows that allow natural light to fill the space. The adjoining kitchen offers functional wall and base units, along with built-in storage solutions, providing ample potential for upgrades and reconfiguration to suit contemporary needs. A convenient side porch grants access to both the garage and the private rear garden. The two double bedrooms provide generous floor space and come equipped with built-in wardrobes. Additionally, one of the bedrooms offers direct access to a conservatory—a versatile area that could easily be transformed into a bright home office or relaxation zone. The family bathroom is fitted with essential amenities and features tiled walls; however, there's significant potential for a modern overhaul. Outside, the property boasts off-road parking at the front and easy access to the garage. The low-maintenance rear garden provides multiple seating areas, ideal for outdoor enjoyment as well as possibilities for landscaping improvements. Located within close proximity to Melton Mowbray’s vibrant market town atmosphere, this bungalow benefits from excellent local amenities, including shopping options and schools. Its positioning allows for convenient commuting links to Leicester, Nottingham, Loughborough, Grantham, Oakham, and Stamford. Furthermore, reputable private schooling institutions are available nearby. This property stands as an appealing canvas, ready for a visionary buyer who recognizes its investment potential in a desirable location. A viewing is encouraged to fully appreciate what this home has to offer.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£204/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£295,036
10% above area average per sq ft
Potential ROI
+25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by +2.6% over the last 12 months
3 year growth: 0.0%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on LE13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tamar Road, Melton Mowbray, Leicestershire
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE