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Tennyson Way, Melton Mowbray

East Midlands

£285,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow, located in a sought-after estate on the north side of Melton Mowbray, presents an excellent opportunity for renovation or investment. The property is offered with no onward chain and requires some modernisation to bring it up to contemporary standards. It features a welcoming porch that leads into a spacious entrance hall, providing access to various living areas including a lounge/diner with dual aspect windows that enhance natural light. The kitchen, which includes essential fittings for appliances, offers a functional layout ripe for updating. Both double bedrooms have ample space and potential for reconfiguration, while the wet room is in need of refurbishment but features necessary amenities. Externally, the property boasts off-road parking, double garages equipped with power and lighting, and a generous rear garden complete with a sun house and covered patio area—perfect for outdoor entertaining or as additional living space. This residence is conveniently situated near Melton Country Park and local amenities, making it an attractive option for those looking to enhance its value through renovation efforts.

Investment Analysis

(LE13 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -2.9%
5 year growth: +19.6%
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

Tennyson Way, 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
£1,028
Based on a loan of £213,750 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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