Bishop Street, Melton Mowbray
East Midlands
£160,000
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
Description
This two-bedroom mid-terrace house has two reception rooms, a kitchen, a ground-floor shower room and separate WC, plus a second shower room adjoining one of the bedrooms. The accommodation also includes a walk-in wardrobe off the other bedroom and a substantial loft space. The landing may allow for a staircase to the loft, with any conversion subject to the necessary permissions and building regulations.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: LOW
At £160,000, this two-bedroom terrace offers a light modernisation project, with usable rooms and a maintained, low-maintenance rear garden. The older décor and floor finishes give a buyer scope to refresh the interiors, while the two reception rooms and two shower rooms are useful features. The listing also points to substantial loft space with possible conversion potential, subject to permissions and building regulations.
The overall score is D, reflecting that value against local £/sqf and residual value cannot yet be judged: the floor area is missing, and there is no listing-stated GDV. The visible condition looks generally serviceable, with no obvious major damage in the submitted photographs.
Key opportunities
- Refresh the dated wallpaper, decorative borders and floor finishes across the photographed living spaces and bedrooms.
- Make use of the two reception rooms’ flexible layouts and the low-maintenance rear garden.
- Explore the stated loft-conversion possibility, subject to permissions and building regulations.
Key risks
None recorded.
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Transport
Nearest stations
Melton Mowbray Rail Station
0.5 miles
Train · Melton Mowbray
Oakham Rail Station
8.8 miles
Train · Oakham
Syston Rail Station
9.9 miles
Train · Syston
Sileby Rail Station
10.1 miles
Train · Sileby
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
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
£604
Based on a loan of £120,000 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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