Worst House on the Street Logo
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 1
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 2
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 3
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 4
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 5
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 6
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 7
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 8
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 9
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 10
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 11
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 12
High Street, Melton Mowbray, Leicestershire, LE13 0TR - Image 13

High Street, Melton Mowbray, Leicestershire, LE13 0TR

East Midlands

£135,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Apartment
Area
1039 sqft

Description

Located in the bustling market town of Melton Mowbray, this property represents a promising opportunity for investors seeking a project with strong potential for value enhancement. With a convenient array of shops, cafes, and local amenities just steps away, the position supports both owner-occupier and tenant interest, ensuring robust resale prospects. The interior comprises a functional layout featuring a Kitchen/Utility area, Lounge/Diner, two generously-sized double bedrooms, an additional office or single bedroom, and a bathroom. While currently livable, the property provides ample scope for cosmetic improvements or reconfiguration to maximize its appeal and value. Recent upgrades have already been made, including a full redecoration in early 2026 and a refreshed kitchen complete with new cupboards. The installation of loft insulation and an electric boiler central heating system minimizes initial investment demands and allows for focused enhancements moving forward. Given its prime location on High Street, along with recent improvements that reduce the need for extensive renovations, this property is well-positioned to attract attention from those looking to invest in a tangible asset with immediate upgrade possibilities.

Investment Analysis

(LE13 area)

Below Market Value

This property is priced -50.2% below area average per sq ft

-50.2%
Potential saving
This Property
£130/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
£298,240
10% above area average per sq ft
Potential ROI
+80.8%
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

High Street, Melton Mowbray, Leicestershire, LE13 0TR
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£482
Based on a loan of £101,250 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

Similar Properties