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Asfordby Road, Melton Mowbray

East Midlands

£255,000
Listed on 12/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious three-bedroom semi-detached home, located in the sought-after west side of Melton Mowbray, presents a remarkable renovation opportunity for investors and homeowners alike. Set on an elevated plot with expansive views, this property boasts a practical layout that includes an entrance hall, a generous lounge diner with bay windows, a kitchen equipped with ample storage, and a sun room that opens to the garden. The first floor features three bedrooms and an accessible wet room designed for ease of use. Outside, the property offers substantial front and rear gardens ideal for landscaping or outdoor enhancements, along with off-road parking and a garage. While the interior is ready for modernisation, its strong fundamentals provide a perfect canvas to create a stylish contemporary family home that maximises both comfort and value.

Investment Analysis

(LE13 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
44%
Properties sold annually

Local Market Trend (LE13)

Area prices are stable by -0.2% over the last 12 months
3 year growth: 0.0%
5 year growth: +21.6%
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

Asfordby Road, Melton Mowbray
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£920
Based on a loan of £191,250 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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