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9 Melton Avenue, Rushey Mead, Leicester, LE4 7SE - Image 1
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9 Melton Avenue, Rushey Mead, Leicester, LE4 7SE

East Midlands

£280,000

Listed on 18/05/2026

Property Details

Bedrooms
4
Type
Link Detached House

Description

This four-bedroom property, situated conveniently off Melton Road and opposite Sainsbury's, presents an excellent opportunity for renovation and investment. The home features gas central heating and double glazing, but it requires modernisation and repairs throughout. The layout includes a ground floor with an entrance porch, hallway, spacious through lounge, kitchen, and a lean-to currently serving as a utility area. On the first floor, you'll find three bedrooms accompanied by a bathroom. Additionally, a loft space has been converted into a bedroom, offering further potential for expansion or enhancement. Outside, the property boasts a front garden with car standing space and a sizeable rear garden that includes an outdoor shower room. Importantly, there is potential for extension subject to planning permission from Leicester City Council. However, be aware of historical structural movement noted in the property's history. This freehold property represents a promising canvas for those looking to invest in real estate in the East Midlands.

Investment Analysis

(LE4 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +3.2%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on LE4 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

9 Melton Avenue, Rushey Mead, Leicester, LE4 7SE
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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
£999
Based on a loan of £210,000 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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