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Church Lane, Melton Mowbray

East Midlands

£250,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This charming three-bedroom period cottage, once a forge, is positioned in the desirable Vale of Belvoir village known as Stathern. While it showcases attractive original features such as exposed beams and a central stone fireplace, the property is in need of modernisation, making it an ideal candidate for renovation enthusiasts. The extensive living space includes a dual-aspect lounge with double doors that open to a private rear garden, creating an inviting atmosphere filled with natural light. The kitchen retains traditional elements like quarry-tiled flooring but requires a full redesign to meet contemporary standards. Upstairs, the property offers three well-sized bedrooms, featuring a principal suite with vaulted ceilings that add character. Outside, the attached garage presents additional possibilities for conversion (subject to planning permission), alongside a peaceful garden that enhances the property's appeal. This unique offering comes without any upward chain, presenting an exciting opportunity to transform it into a tailored family home while preserving its historic charm.

Investment Analysis

(LE14 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +8.3% over the last 12 months
3 year growth: 1.7%
5 year growth: 3.8%
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

Church Lane, 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
£902
Based on a loan of £187,500 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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