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Kennet Way, Melton Mowbray

East Midlands

£175,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1083 sqft

Description

This spacious four-bedroom semi-detached home presents an appealing opportunity for families and investors seeking a property with renovation potential. The residence features ample ground-floor living space, including an open-plan lounge and dining area that can be modernized to enhance its functionality. A conservatory adds versatile space that opens directly onto the substantial rear garden, providing a blank canvas for outdoor improvements or landscaping. The well-proportioned kitchen offers good storage and worktop space, awaiting personal touch-ups or a complete redesign to fit contemporary tastes. Upstairs, three additional bedrooms cater to family needs, each equipped with large windows allowing for plenty of natural light and views of the neighborhood. The modern family bathroom, while currently stylish, could be further updated to maximize comfort and accessibility. Located in a sought-after residential area close to schools and amenities, this property not only caters to practical family living but also holds significant investment potential after refurbishment to significantly increase both value and appeal.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -37.3% below area average per sq ft

-37.3%
Potential saving
This Property
£162/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£307,236
10% above area average per sq ft
Potential ROI
+42.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -7.5% over the last 12 months
3 year growth: -5.5%
5 year growth: +15.8%
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

Kennet Way, Melton Mowbray
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£620
Based on a loan of £131,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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