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Wymondham Way, Melton Mowbray

East Midlands

£215,000
Listed on 11/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1077 sqft

Description

Nestled in a welcoming community, this semi-detached house presents a remarkable opportunity for those looking to invest in the highly sought-after area of Melton Mowbray. The property boasts three spacious bedrooms and a well-proportioned layout that allows for creative renovation possibilities. While it requires comprehensive cosmetic updates throughout, the existing structure offers a solid foundation to work from, featuring an expansive Lounge/Dining Room that leads into a functional Kitchen equipped with ample storage. A standout feature is the conservatory, which provides additional living space and overlooks the rear garden—ideal for enhancing your outdoor experience. The integral garage not only serves as convenient storage but also presents the potential for conversion, subject to planning approval. The first floor includes three comfortable bedrooms, with the main bedroom providing generous dimensions that can be adapted for diverse family needs or home office use. The Family Bathroom is currently functional but would benefit from modernization to maximize its appeal. Outside, the rear garden offers privacy and ample opportunity for landscaping improvements. This property is brought to market with no onward chain, offering a straightforward purchase process that could be appealing to both families and investors alike. With local amenities and transport links just moments away, this residence represents an excellent investment to create a modern family home tailored to your specifications.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -22.8% below area average per sq ft

-22.8%
Potential saving
This Property
£200/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£306,541
10% above area average per sq ft
Potential ROI
+20.2%
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
49%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -2.9%
5 year growth: +19.6%
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

Wymondham Way, Melton Mowbray
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£775
Based on a loan of £161,250 over 30 years at 4.06% 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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