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Wicklow Avenue, Melton Mowbray - Image 1
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Wicklow Avenue, Melton Mowbray

East Midlands

£200,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1199 sqft

Description

This detached property presents a significant refurbishment opportunity, located conveniently near the town centre of Melton Mowbray. Ideal for families, first-time buyers, or investors looking to add value, it stands ready for a transformative renovation. With no onward chain, the next owners can quickly start envisioning improvements and upgrades. The locality is vibrant, with access to excellent shopping and educational institutions, as well as being well-connected by rail to major urban centres like Leicester and Nottingham. This property is positioned within a desirable community that offers both convenience and investment potential.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -35.5% below area average per sq ft

-35.5%
Potential saving
This Property
£167/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£341,331
10% above area average per sq ft
Potential ROI
+42.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (LE13)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.8%
5 year growth: 20.9%
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

Wicklow Avenue, 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
£733
Based on a loan of £150,000 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