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Wren Close, Melton Mowbray

East Midlands

£190,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
962 sqft

Description

This three-bedroom end-of-terrace home, quietly positioned at the edge of a residential terrace in Melton Mowbray, presents an appealing opportunity for buyers looking to modernise and enhance their living space. With a focus on investment potential, this property boasts a practical layout, spacious rooms, and a manageable rear garden that can be transformed into an outdoor oasis. The presence of solar panels adds an attractive element by improving energy efficiency and potentially lowering utility costs. Upon entry, you are greeted by a welcoming hallway with access to a ground floor WC and stairs leading to the first floor. The sizeable living room is bathed in natural light through sliding patio doors that open directly onto the paved rear garden, creating an inviting area for family gatherings or entertaining. Adjacent to this is a built-in store offering additional storage solutions. The dining kitchen offers ample space for culinary activities and family meals, featuring wooden units paired with generous work surfaces. Its large window overlooking the garden ensures it remains the heart of the home, where modifications could significantly enhance both functionality and style. On the first floor, you will find three good-sized bedrooms that offer flexibility for various uses—whether accommodating children, guests, or serving as home office spaces. The family bathroom includes both bath facilities and a separate shower enclosure but could benefit from updating. Outside, the private rear garden is largely paved for low maintenance while presenting opportunities for landscaping or further development. A brick-built outbuilding serves as useful storage or could potentially function as a workshop. With its practical layout and solid structure, this property harbors great potential for renovation enthusiasts looking to add value in a desirable area.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£198/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£276,137
10% above area average per sq ft
Potential ROI
+25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Wren Close, Melton Mowbray
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 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

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