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Melton Road, Melton Mowbray, LE14

East Midlands

£2,000,000
Listed on 30/12/2025

Property Details

Bedrooms
81
Type
Detached house

Description

This historic Edwardian estate, originally built in 1908, offers an exceptional opportunity for a visionary buyer to restore and repurpose Scalford Hall. Nestled in the beautiful Leicestershire countryside near Melton Mowbray, this property combines rich history with substantial potential for refurbishment. Once a retreat for the elite and a successful country house hotel, it now awaits a new chapter. Spread over approximately 35,000 sq ft across four floors, the estate features a variety of reception areas and 81 letting bedrooms, all set within roughly 8.2 acres of landscaped grounds. The original architectural elements remain intact, providing a solid foundation for renovation while also allowing for modern updates necessary to meet current standards. The property retains its charm with its ornate fireplace gifted by King Edward VIII and traditional public areas ready to be reimagined into contemporary spaces. With extensive infrastructure already in place, including biomass heating and borehole water supply, potential buyers can focus on design and layout enhancements without needing extensive groundwork. The expansive grounds feature mature trees and dedicated parking facilities alongside ancillary buildings that could easily be adapted into additional guest accommodation or event spaces. Whether aiming to revive it as a luxury hotel, spa retreat, or private estate, this property provides ample room for creative development subject to planning approvals. Scalford Hall is positioned conveniently with good transport links to nearby towns and attractions such as Belvoir Castle and the forthcoming Grantham Designer Outlet Village—ideal locations that promise both footfall and visitor engagement. This blank canvas presents an exciting investment opportunity in the heart of England's scenic countryside.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,200,000 - £2,000,000
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

Melton Road, Melton Mowbray, LE14
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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
£7,327
Based on a loan of £1,500,000 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