74 Buttermere Close, Melton Mowbray
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74 Buttermere Close, Melton Mowbray

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We have confidence in this estimated current valuation Updated recently
£126,100
Or £820 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Nov 7, 2013
£99,950

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 74 Buttermere Close, Melton Mowbray, a cozy and compact flat type home with 2 bed in the LE13 0LT area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.

This modern and well-kept property was built 2003-2006 and has a reported internal area of 54.3 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £126,100 and a rental potential of £820 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 Nov 7, 2013. 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.

"** An ideal opportunity for the first time buyer or investor looking for a property ** This immaculately presented two bedroom ground floor apartment has the benefit of uPVC double glazing throughout and comprises in brief, entrance hall, 16ft living/dining room, fitted kitchen with integral appliances, two bedrooms and bathroom. There is allocated parking to the rear and communal gardens.

Investment
Please note the property is currently let out at £475 per calendar month. The current tenant has been renting the property for the past 18 months and is more than happy to stay in the property if sold to another Landlord looking for a buy to let opportunity. The tenancy is on a month by month basis and will vacate the property if necessary.

Entrance Hall
Accessed via a hardwood door into the entrance hall with security intercom telephone, boiler cupboard, separate storage cupboard and electric heater.

Bedroom One - 14' 11'' x 9' 6'' (4.55m x 2.9m)
Double glazed window to the rear aspect and electric heater.

Bedroom Two - 12' 3'' x 6' 7'' (3.73m x 2.01m)
Double glazed window to the rear aspect and electric heater.

Bathroom
Three piece white suite comprising low flush WC, wash hand basin with vanity unit and bath with overhead shower, wall mirror, shaver point, spotlighting and tiled flooring.

Open Plan Living Room - 16' 4'' x 12' 9'' (4.98m x 3.89m)
An open plan living/dining room leads through to the fitted kitchen. Having two double glazed windows to the front aspect, television and telephone points with Sky TV access available, spotlighting and electric heater.

Kitchen - 7' 9'' x 6' 0'' (2.36m x 1.83m)
Having wall and base units, roll top work surfaces, tiled splashbacks, sink and drainer, integrated oven and hob with extractor hood over, plumbing for washing machine, space for fridge/freezer, tiled flooring, spotlighting and plumbing for dishwasher.

Parking
Allocated parking to the rear of the property for one vehicle together with a cycle and bin store.

Leasehold
The property is Leasehold and the Land Registry show 155 years remaining from the 1.1.2004. Ground rent is £100 per annum. Service Charge of £87 per month is paid to Premier Estates which covers buildings and public liability insurance, gardening, cleaning and electricity of all common areas, window cleaning, repairs and maintenance and out of hours emergency cover.

NHBC
NHBC cover until 11 October 2016.

"

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £574 Try Mortgage Tracker
Energy £447 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Brownlow Primary School
0.4mi
The Grove Primary School
0.5mi
Saint Francis Catholic Primary School
0.5mi
Long Field Academy
0.8mi
Sherard Primary School
0.8mi
Nearby Stations
Melton Mowbray Station
0.4mi
Oakham Station
9.0mi
Syston Station
9.7mi
Sileby Station
9.7mi
Barrow Upon Soar Station
11.0mi

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: 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 74 Buttermere Close, Melton Mowbray worth?

    74 Buttermere Close, Melton Mowbray is now worth £126,100 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 74 Buttermere Close, Melton Mowbray - click click here to get a valuation with no strings attached.

  2. What is the rental value of 74 Buttermere Close, Melton Mowbray?

    The current rental valuation for this property is £820 per month, within a price range of £738 and £902.

  3. How many bedrooms does 74 Buttermere Close, Melton Mowbray 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 74 Buttermere Close, Melton Mowbray?

    Nearby schools in include Brownlow Primary School, The Grove Primary School, Saint Francis Catholic Primary School, Long Field Academy, Sherard Primary School

    Nearby stations in include Melton Mowbray Station, Oakham Station, Syston Station, Sileby Station, Barrow Upon Soar Station.

  5. What type of property is 74 Buttermere Close, Melton Mowbray

    This is a Flat property. There are 33 other Flat properties on BUTTERMERE CLOSE, and 64 in total.

  6. When was 74 Buttermere Close, Melton Mowbray built? How old is 74 Buttermere Close, Melton Mowbray?

    74 Buttermere Close, Melton Mowbray was was built between 2003-2006.

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

Leicester, Leicestershire Hinckley, Leicestershire Loughborough, Leicestershire Melton Mowbray, Leicestershire Oakham, Rutland Market Harborough, Leicestershire Lutterworth, Leicestershire Wigston, Leicestershire