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Character & Charm on Woodland Avenue, Melton, LE13 1DZ - Image 1
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Character & Charm on Woodland Avenue, Melton, LE13 1DZ

East Midlands

£350,000
Listed on 05/08/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached family home, situated on a peaceful no-through road, offers a unique opportunity for renovation and investment potential. With no onward chain, the property is conveniently located within walking distance of the town center, making it an appealing choice for families and investors alike. Set on a generous plot, the home features a large and private enclosed rear garden that includes a paved patio area and a well-maintained lawn surrounded by mature shrubs and trees. This outdoor space not only enhances the overall appeal but also provides room for potential landscaping or expansion projects. The interior layout includes three sizable double bedrooms on the first floor along with a family bathroom featuring both a bath and separate shower cubicle. The ground floor accommodates multiple living areas including a welcoming entrance hall that leads to a spacious living room with charming character features such as a bay window and fireplace. The adjoining dining room also boasts its own bay window and fireplace, creating an inviting atmosphere for gatherings. The kitchen is functional but presents numerous possibilities for modernization; it has ample cabinet space, work surfaces, and access to the rear lobby which connects directly to the garden. Notably, there is also an additional room that can serve as either a study or fourth bedroom—perfect for those needing flexible living spaces. Access to the property includes pedestrian pathways to both the front door and side gate leading to the garden, enhancing privacy while providing ease of access. With its character elements combined with modernizing opportunities throughout, this home holds significant potential for investors looking to create value or families wishing to make their own mark in this desirable location.

Investment Analysis

(LE13 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Character & Charm on Woodland Avenue, Melton, LE13 1DZ
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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