Worst House on the Street Logo
West Avenue, Melton Mowbray - Image 1
West Avenue, Melton Mowbray - Image 2
West Avenue, Melton Mowbray - Image 3
West Avenue, Melton Mowbray - Image 4
West Avenue, Melton Mowbray - Image 5
West Avenue, Melton Mowbray - Image 6
West Avenue, Melton Mowbray - Image 7
West Avenue, Melton Mowbray - Image 8
West Avenue, Melton Mowbray - Image 9
West Avenue, Melton Mowbray - Image 10
West Avenue, Melton Mowbray - Image 11
West Avenue, Melton Mowbray - Image 12
West Avenue, Melton Mowbray - Image 13
West Avenue, Melton Mowbray - Image 14
West Avenue, Melton Mowbray - Image 15
West Avenue, Melton Mowbray - Image 16

West Avenue, Melton Mowbray

East Midlands

£175,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
847 sqft

Description

This three-bedroom property presents a promising opportunity for those looking to invest in a renovation project. Conveniently located at the edge of a sought-after residential area, it boasts picturesque views of paddocks from the rear, adding to its appeal. The home requires modernisation throughout, offering potential buyers the chance to tailor it to their tastes and requirements. The layout features an entrance hall leading into a kitchen with existing units, a separate dining room, and a lounge complete with sliding patio doors to the garden. Upstairs, there are three bedrooms, including two spacious doubles overlooking the rear garden. A shower room completes the first floor, while outside, you will find a west-facing rear garden with established greenery and an outhouse that has power and light connected. With no upward chain, this property is ideal for those eager to transform it into their dream home or rental investment.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£207/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£243,127
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -12.0% over the last 12 months
3 year growth: -9.0%
5 year growth: +10.8%
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

West Avenue, Melton Mowbray
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£624
Based on a loan of £131,250 over 30 years at 3.97% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates