Charnwood Drive, Melton Mowbray
East Midlands
£170,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
1107 sqftFeatures
- Garden
Description
Offered with no onward chain, this three-bedroom semi-detached home is arranged over three storeys and overlooks a park. The accommodation includes an entrance hall, a dual-aspect lounge with a fireplace, and a breakfast kitchen with pantry and under-stairs storage, plus access to a utility and boiler room. Upstairs are three bedrooms, a bathroom and a separate WC.
Outside, the property has front gardens and a sizeable south-facing rear garden reached by steps from the kitchen. The lower ground floor includes basement storage and workshop rooms. The house offers scope for modernisation and personalisation, with its layout, garden and additional storage forming part of the available space.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
This is a strong-value project: the £170,000 asking price works out at £154/sqf, around 41% below the local average, giving buyers an attractive entry point for a three-bedroom, three-storey home overlooking the park. The dual-aspect lounge, sizeable south-facing garden and basement/workshop storage add useful character and scope to personalise the property.
The photographed interiors offer a clear improvement canvas, from updating the dated kitchen and bathroom to refreshing carpets and finishes. Peeling ceiling finish in a bedroom needs investigation and making-good, and dark staining is visible on parts of the basement floor. The visible roof and brickwork appear broadly serviceable. The £36,000–£68,000 renovation range indicates a meaningful project, while the engine’s midpoint comparison suggests purchase plus renovation would sit below the implied current local average value; that is not a GDV or a guaranteed resale outcome.
Key opportunities
- Acquire at £154/sqf, around 41% below the local average, and create value through a considered modernisation.
- Rework the dated kitchen and bathroom, refresh interior finishes and flooring, and make the dual-aspect lounge a distinctive centrepiece.
- Make better use of the sizeable south-facing garden and basement/workshop storage as part of the overall improvement.
Key risks
- Investigate the peeling/flaking ceiling finish in a bedroom and allow for making-good.
- Check the cause and extent of the dark staining visible on parts of the basement floor.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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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