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Woodhouse Road, Asfordby, Melton Mowbray

East Midlands

£229,950
Listed on 15/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1073 sqft

Description

This four-bedroom mid-terraced property presents a remarkable opportunity for those eager to transform a space into their dream home. With no onward chain, you can move forward with your renovation plans without delay. Spanning over 1,000 square feet, the layout features three spacious double bedrooms along with a fourth single room, providing flexibility for various living arrangements. The ground floor boasts a sizable dual-aspect living area, highlighted by an appealing feature fireplace that adds character to the space. The long rear garden is another standout feature, offering a tranquil outdoor retreat with established apple and plum trees, ideal for gardening enthusiasts or those wanting to create a vibrant entertaining area. Additionally, practical outdoor storage enhances functionality. With the boiler having been upgraded just four years ago and located in a welcoming community setting, this residence holds significant potential for buyers looking to invest time and resources into modernization and value enhancement in this sought-after village location.

Investment Analysis

(LE14 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£214/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£271
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£341,284
10% above area average per sq ft
Potential ROI
+26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +9.9% over the last 12 months
3 year growth: +3.0%
5 year growth: +5.5%
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

Woodhouse Road, Asfordby, 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
£814
Based on a loan of £172,462 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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