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Crawford House 19 & 21 Burton Street, Melton Mowbray LE13 1AE - Image 1
Crawford House 19 & 21 Burton Street, Melton Mowbray LE13 1AE - Image 2
Crawford House 19 & 21 Burton Street, Melton Mowbray LE13 1AE - Image 3
Crawford House 19 & 21 Burton Street, Melton Mowbray LE13 1AE - Image 4
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Crawford House 19 & 21 Burton Street, Melton Mowbray LE13 1AE

East Midlands

£360,000

Listed on 01/07/2026

Property details

Bedrooms
N/A
Type
Residential Development
Area
711 sqft

Description

This freehold investment opportunity is located on Burton Street in Melton Mowbray, featuring a ground floor commercial space that is currently tenanted, along with three self-contained residential units on the upper floors, of which two are also tenanted. The property resides within a distinctive period building full of character. Positioned conveniently just off the town centre, Burton Street connects the historical market area renowned for its independent shops and eateries with adjacent residential neighborhoods. Melton Mowbray, situated in north-east Leicestershire, is well-regarded for its rural ambiance amidst the Vale of Belvoir while providing easy access to Leicester, Nottingham, and Grantham. This central location offers both pedestrian and vehicular access to local amenities including stores and cafes. Furthermore, the nearby railway station enhances connectivity with regular services to major cities. The property holds substantial renovation potential—particularly for updating or reconfiguring residential units to increase rental yield or enhancing the commercial space for better occupancy rates. Investors may find opportunities for value addition through modernisation efforts that align with evolving tenant demands.

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Investment analysis

(LE13 area)

Above Market Value

This property is priced +94.4% above area average per sq ft

+94.4%
This Property
£506/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£203,737
10% above area average per sq ft
Potential ROI
-51.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -8.1%
5 year growth: +9.0%
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

Crawford House 19 & 21 Burton Street, Melton Mowbray LE13 1AE
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,360
Based on a loan of £270,000 over 30 years at 4.45% 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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