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53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 1
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 2
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 3
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 4
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 5
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 6
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 7
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 8
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 9
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 10
53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ - Image 11

53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ

East Midlands

£130,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-townhouse is situated in a tranquil and sought-after residential area, presenting notable potential for renovation and investment. While the property is equipped with gas central heating and uPVC double glazing, it offers an opportunity to modernize and tailor the space to contemporary tastes, making it an excellent project for those looking to enhance its value. The house features a comfortable layout that includes a welcoming hallway with under-stair storage, leading into a cozy lounge with a charming open fireplace that creates a focal point for the room. The adjoining dining area provides pleasant views of the rear gardens and surrounding fields, while the kitchen includes essential appliances and access to the outdoor space. Upstairs, the property boasts three well-proportioned bedrooms, each with natural light and built-in storage options. The bathroom is functional but could benefit from updates, allowing for improvements that align with modern standards. Outside, you'll find a generous west-facing rear garden offering picturesque views over adjacent fields. This outdoor space presents an inviting blank canvas for landscaping or gardening enthusiasts to explore their creativity. Located within close proximity to local amenities, this property also enjoys convenient access to Melton Town Centre. The combination of its residential appeal and investment potential makes this home not only suitable for families but also an attractive buy-to-let option for investors looking to capitalize on the growing rental market in the area. The property is offered freehold with vacant possession, enabling immediate occupancy or renovation commencement.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

53 West Avenue, Melton Mowbray, Leicestershire LE13 0JQ
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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
£476
Based on a loan of £97,500 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