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Baldocks Lane, Melton Mowbray, LE13

East Midlands

£190,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
840 sqft

Description

This three-bedroom chalet-style house, designed by Wimpey, is a noteworthy investment opportunity nestled in a sought-after residential area. Currently presented with no upward chain, it offers a solid foundation for renovation. The property features an entrance hall leading to a living room and adjoining dining area, both benefiting from natural light. A galley kitchen comes equipped with essential units and appliances, extending into a conservatory that opens onto a south-facing garden—ideal for outdoor enjoyment. The first floor holds three bedrooms and a family bathroom, providing ample living space. Additional highlights include off-road parking via a driveway and a detached garage situated at the rear of the corner plot. Though the home requires some updating—particularly in heating and double glazing—its layout and location present significant potential for enhancement and modernization, appealing to investors looking to add value.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£226/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£238,300
10% above area average per sq ft
Potential ROI
+5.9%
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

Baldocks Lane, 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 £142,500 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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