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Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 1
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 2
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 3
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 4
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 5
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 6
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 7
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 8
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 9
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 10
Character & Charm at Craven Street, Melton Mowbray,LE13 0QU - Image 11

Character & Charm at Craven Street, Melton Mowbray,LE13 0QU

East Midlands

£265,000
Listed on 25/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1477 sqft

Description

This Edwardian semi-detached property presents a substantial opportunity for renovation, appealing to investors and buyers looking to restore a spacious family home. Featuring a total living space of approximately 1216 sqft, the layout encompasses an entrance hall, living room, sitting room, dining room, kitchen with adjoining cellar, and four bedrooms along with a bathroom. The house retains original features such as stained glass panels and decorative coving, which could be highlighted in the renovation process. While the current state requires modern updates and systems—including heating installation—as well as improvements to the garden area, its north-facing aspect offers promising landscaping potential. Additionally, outbuildings provide options for storage or conversion. With no upward chain, this property is positioned for a swift transaction and could be transformed into a desirable living space or rental investment.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -31.0% below area average per sq ft

-31.0%
Potential saving
This Property
£179/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£422,666
10% above area average per sq ft
Potential ROI
+19.1%
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
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

Character & Charm at Craven Street, Melton Mowbray,LE13 0QU
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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
£971
Based on a loan of £198,750 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