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Melton Road, Thurmaston, Leicestershire - Image 1
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Melton Road, Thurmaston, Leicestershire

East Midlands

£300,000
Listed on 15/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1076 sqft

Description

Nestled in the desirable Thurmaston Village area, this four-bedroom detached home presents a unique opportunity for renovation and investment. The property is strategically located along Melton Road, providing easy access to essential local amenities, reputable schools, and major roadways like the A46. Additionally, Thurmaston Shopping Centre and Watermead Country Park are just a short drive away, enhancing the appeal of the location for families and future tenants alike. Entering through the side of the home reveals a welcoming hallway that leads to a well-equipped kitchen with ample wall and base units as well as built-in appliances. The layout offers flexibility; a versatile room on the ground floor can serve as a fourth bedroom or home office. This space has the potential to be reconfigured into an open-plan kitchen-diner, catering to modern living preferences. At the rear, an airy lounge provides generous living space and connects seamlessly to a conservatory that invites natural light and opens up directly to the garden—a perfect setting for both relaxation and entertainment. On the upper level, three substantial double bedrooms await, alongside a family bathroom featuring essential fixtures such as a bathtub, WC, and wash basin. The primary bedroom is particularly spacious and could be altered to create two separate rooms if desired—an appealing option for growing families or those looking to maximize rental yield. The outdoor space complements the property's potential with its expansive rear garden, which includes an existing large covered cattery that could be converted into additional outdoor living space or removed entirely to extend the garden further. There’s also side access to enhance convenience along with a garden shed for extra storage. The front driveway accommodates ample off-road parking—an attractive feature for both homeowners and future renters. Overall, this property not only provides comfortable living spaces but also boasts significant potential for customization and growth in value over time.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -4.2% below area average per sq ft

-4.2%
Potential saving
This Property
£279/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£344,309
10% above area average per sq ft
Potential ROI
+7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Melton Road, Thurmaston, Leicestershire
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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
£1,099
Based on a loan of £225,000 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