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Greaves Avenue, Melton Mowbray, LE13

East Midlands

£189,950
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1082 sqft

Description

This three-bedroom end terrace home, situated on a generous corner plot, presents an attractive opportunity for both first-time buyers and savvy investors. While the property is currently in need of some modernisation, it has already benefited from recent upgrades, including a newly fitted kitchen and shower room. The layout comprises an entrance porch leading to a hallway, a dual-aspect living room featuring a stone built fireplace, and a spacious dining kitchen with modern shaker-style cabinetry. Upstairs hosts three well-proportioned bedrooms along with a stylish family shower room. Outside, the rear garden is south-facing and well-maintained, offering gated access to off-road parking via a block-paved driveway that leads to a detached garage. This property is presented with no upward chain and has great potential for improvements to enhance its value further. Ideal for those looking to put their personal touch on a home or seeking an investment project.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£176/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£306,953
10% above area average per sq ft
Potential ROI
+42.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Greaves Avenue, Melton Mowbray, LE13
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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
£673
Based on a loan of £142,462 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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