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Burton Road, Melton Mowbray

East Midlands

£350,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1148 sqft

Description

This three-bedroom detached bungalow is situated on a spacious plot within a well-regarded residential area on the south side of town. The property is chain-free, offering an immediate opportunity for new owners to explore its renovation potential. Entering through a part-glazed front door, you're greeted by an entrance hall that leads to a generously proportioned lounge. At 27'4" x 12'9", this dual-aspect room is bright and welcoming, featuring windows at both the rear and side along with a wall-mounted gas fire. Adjacent to the lounge, the dining room measures 11'9" x 9'6", also benefiting from dual aspects. The kitchen breakfast room offers practical space with its existing range of eye-level and base units, and while it may require updates, it presents an excellent opportunity for personalization with ample room for modern appliances including a gas cooker point and plumbing for laundry facilities. Moving through the hallway, you'll find three bedrooms, each equipped with built-in wardrobes. The dimensions are as follows: Bedroom One is 11'9" x 10'0", Bedroom Two measures 12'9" x 8'9", and Bedroom Three is 9'8" x 8'6". There are also two bathrooms—the main bathroom features a panelled bath and vanity unit while the additional shower room includes an independent shower cubicle. These spaces could benefit from contemporary upgrades to enhance comfort and appeal. The exterior of the property boasts extensive parking options with a large driveway accommodating several vehicles, alongside well-maintained lawns adorned with established shrubs and trees. The back garden offers significant outdoor space, primarily laid to lawn but ripe for landscaping enhancements. An extensive patio area adds further potential for outdoor entertaining or relaxation. Located conveniently close to local amenities including shops and schools—both primary and secondary—this property offers easy access to Melton Vale Sixth Form College as well as transport links into town via rail services. Overall, this bungalow presents significant investment potential through straightforward renovations while enjoying a desirable location in a mature neighborhood, making it ideal for families or investors looking to enhance their portfolio.

Investment Analysis

(LE13 area)

Above Market Value

This property is priced +17.2% above area average per sq ft

+17.2%
This Property
£305/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£328,517
10% above area average per sq ft
Potential ROI
-13.5%
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

Burton Road, Melton Mowbray
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 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.

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