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1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 1
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 2
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 3
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 4
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 5
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 6
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 7
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 8
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 9
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 10
1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS - Image 11

1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS

East Midlands

£135,000
Listed on 20/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Situated within a desirable village in the East Midlands, this pair of semi-detached cottages presents an exciting opportunity for refurbishment and investment. Each property boasts four bedrooms and multiple reception areas along with essential amenities, making them ripe for transformation into charming family homes or characterful rentals. Both cottages are currently in need of complete modernization to unlock their potential while retaining a number of original features that could enhance their appeal post-renovation. The generous plot of approximately 0.3 acres offers additional possibilities for development, subject to obtaining the necessary planning permissions. The location provides excellent transport links to Melton Mowbray, adding further value to the investment. If you're looking for a project with significant upside potential in a sought-after area, these properties might be worth your consideration.

Investment Analysis

(LE14 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£237
Avg Yield
2.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 2.1%
5 year growth: 8.7%
Investment Disclaimer: Analysis based on LE14 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

1 Chapel Lane & 23 Wartnaby Road, AB Kettleby, Melton Mowbray, Leicestershire LE14 3HS
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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
£495
Based on a loan of £101,250 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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