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Bakery Close, Briston, Melton Constable

East of England

£160,000
Listed on 17/02/2026

Property Details

Bedrooms
1
Type
Terraced house
Area
483 sqft

Description

This one-bedroom mid-terraced house presents a promising opportunity for investors or first-time buyers looking to inject their own style. The property features an entrance lobby that leads into a decent-sized living room with ample natural light from the double-glazed window. The functional kitchen includes wall and base units, but would benefit from modernisation to enhance its appeal. Upstairs, you'll find a cozy bedroom equipped with built-in storage and a bathroom needing some attention, featuring a suite with shower over bath. Additional highlights include electric heating and allocated parking space, with garden areas ready for landscaping. Although the house requires re-decoration and an upgrade to fixtures, it offers substantial potential for those looking to invest or create their ideal home without the concern of onward chain complications.

Investment Analysis

(NR24 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
This Property
£331/sq ft
Area Average
£292/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£155,246
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR24)

Area prices are falling by -19.5% over the last 12 months
3 year growth: -11.1%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on NR24 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

Bakery Close, Briston, Melton Constable
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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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