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Greaves Avenue, Melton Mowbray

East Midlands

£200,000
Listed on 21/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1082 sqft

Description

This three-bedroom end terrace house sits on a spacious corner plot, presenting an attractive prospect for first-time buyers or investors looking to add value. While the property is in need of some modernization, it has already seen upgrades including a newly fitted shower room and kitchen. The accommodation features an entrance porch leading into a hallway, a dual-aspect living room with a traditional stone fireplace, and a sizable dining kitchen equipped with Shaker-style units and integrated appliances. The utility room offers additional convenience. Upstairs, you will find three bedrooms along with the modern family shower room. Outside, there is both off-road parking via a block-paved driveway and a detached garage. The south-facing enclosed rear garden provides ample outdoor space with mature landscaping and a greenhouse. Given its current condition, this property offers excellent potential for renovation to create a comfortable family home or rental investment. Recent improvements such as new guttering, fascias, and doors further enhance its appeal. Viewing is encouraged to fully appreciate the layout and possibilities this property presents.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£185/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£307,964
10% above area average per sq ft
Potential ROI
+36.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -2.9%
5 year growth: +19.6%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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.

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