626 Melton Road, Leicester
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626 Melton Road, Leicester

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We have confidence in this estimated current valuation Updated recently
£275,000
Or £1,788 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jan 19, 2024
£250,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 626 Melton Road, Leicester, a cozy and compact semi-detached type home with 2 bed in the LE4 8BB area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band C.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £275,000 and a rental potential of £1,788 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jan 19, 2024. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"- Investment property
- 2 Bedrooms
- Detached garage
- Immediate income
- Old Thurmaston location
- Longstanding tenants

Attention investors!

Spencers are delighted to present this 2-bedroom semi-detached bungalow sat on the edge of old Thurmaston, providing easy access to all of the local amenities.

In short the property has the main living quarters consisting of loungediner to the rear of the property overlooking the rear, enclosed garden, a rear facing kitchen with selected built in appliances.

Both bedrooms are a double in size and are located at the front of the property overlooking the front garden area. Finally, a shower room is nestled within the centre of the property and consists of cubicle shower, WC and wash hand basin.

In addition to living space provided, the bungalow also comes with a detached single garage.

This property is being sold with a long standing tenant providing yield from your investment from day one, this property is included a small portfolio of five properties so can be sold in isolation or as part of the portfolio.

*The floorplan of this particular property is taken from the property next door which fopr example only*"

Property Data

Data point Compared to road
Tax band C
929 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,251 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Belgrave St Peter's CofE Primary School
0.4mi
Mellor Community Primary School
0.4mi
Rushey Mead Academy
0.4mi
Darul Uloom Leicester
0.5mi
Rushey Mead Primary School
0.6mi
Nearby Stations
Leicester Station
2.2mi
Syston Station
2.7mi
Sileby Station
4.7mi
South Wigston Station
5.6mi
Barrow Upon Soar Station
6.1mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: High plot size
A large plot with plenty of room
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 626 Melton Road, Leicester worth?

    626 Melton Road, Leicester is now worth £275,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 626 Melton Road, Leicester - click click here to get a valuation with no strings attached.

  2. What is the rental value of 626 Melton Road, Leicester?

    The current rental valuation for this property is £1,788 per month, within a price range of £1,609 and £1,966.

  3. How many bedrooms does 626 Melton Road, Leicester have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 626 Melton Road, Leicester?

    Nearby schools in include Belgrave St Peter's CofE Primary School, Mellor Community Primary School, Rushey Mead Academy, Darul Uloom Leicester, Rushey Mead Primary School

    Nearby stations in include Leicester Station, Syston Station, Sileby Station, South Wigston Station, Barrow Upon Soar Station.

  5. What type of property is 626 Melton Road, Leicester

    This is a Semi-Detached property. There are 3 other Semi-Detached properties on Melton Road, and 40 in total.

  6. When was 626 Melton Road, Leicester built? How old is 626 Melton Road, Leicester?

    626 Melton Road, Leicester was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

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