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Wren Close, Melton Mowbray LE13

East Midlands

£185,000

Listed on 05/07/2026

Property details

Bedrooms
3
Type
End Terrace
Area
962 sqft

Description

Located at the end of a tranquil residential terrace, this three-bedroom family home presents a substantial opportunity for those looking to invest in a property with significant renovation potential. The solar panels already in place enhance energy efficiency, making this home not only a practical choice but also an environmentally conscious one. On entering, you are greeted by a spacious entrance hall leading to the ground floor WC and the main living areas. The bright and airy living room benefits from sliding patio doors that open into the rear garden, promoting seamless indoor-outdoor living and providing an ideal setting for both family gatherings and entertaining guests. Adjacent to this is a functional built-in store that can serve various household needs. The dining kitchen is impressively sized and equipped with solid wood cabinetry and ample countertop space, providing plenty of room for dining furniture. A large window allows natural light to flood in, creating a warm and inviting atmosphere conducive to social occasions. Upstairs, the landing connects three well-sized bedrooms, including a generous master bedroom along with two additional rooms suitable for children or as versatile office spaces. Completing this floor is a family bathroom featuring both a bath and separate shower area. Externally, the property has both front and rear gardens; the rear garden is primarily paved for low maintenance yet presents opportunities for personal landscaping touches. A brick-built outbuilding offers additional storage options or potential workshop space along with a greenhouse for gardening enthusiasts. This layout provides considerable flexibility for families looking to make their mark on a property. In summary, this residence in Melton Mowbray combines space, practicality, and investment potential – ideal for families or first-time buyers ready to update and personalize their home.

Investment analysis

(LE13 area)

Below Market Value

This property is priced -26.2% below area average per sq ft

-26.2%
Potential saving
This Property
£192/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£22,000 - £35,000
Target Value
£275,661
10% above area average per sq ft
Potential ROI
+25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE13)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -8.1%
5 year growth: +9.0%
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 LE13
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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.

Stamp duty calculator

Price History

-2.6% since listed
£185,000£5,000(-2.6%)
29/05/2026
Current price
£190,000Initial listing
15/05/2026

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