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Eagles Drive, Melton Mowbray

East Midlands

£185,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property, situated on the south side of Melton Mowbray, offers considerable renovation potential for those interested in a project. It is conveniently located near essential local amenities and schools, making it an appealing option for families and investors alike. The layout includes a welcoming entrance hall that leads to the lounge, which features a front-facing walk-in bay window, providing natural light and a sense of space. The kitchen, though in need of updating, is equipped with wall and base units along with necessary plumbing for appliances. A window overlooks the rear garden, allowing for potential views while cooking or entertaining. The ground floor also includes a bathroom that contains essential fixtures such as a panel bath and pedestal wash hand basin. Ascending to the first floor, you'll find three bedrooms of varying sizes that can be transformed to suit personal tastes or rental market standards. Externally, the property boasts a manageable shingled front garden along with a driveway leading to double gates that open into the back area. The south-facing rear garden presents an excellent outdoor space featuring mature shrubs and a lawn set against a backdrop of trees that enhances privacy—ideal for creating a pleasant retreat or entertaining area. Given its renovation needs and strategic location, this property holds strong investment potential. Once updated, it could serve as an attractive rental unit or family home within a community-rich environment. With ample off-road parking and potential for value addition through modernization efforts, this property is an opportunity worth considering for both seasoned investors and first-time buyers seeking to make their mark on a home.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Eagles Drive, 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
£678
Based on a loan of £138,750 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