56 Salisbury Avenue, Melton Mowbray
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56 Salisbury Avenue, Melton Mowbray

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We have confidence in this estimated current valuation Updated recently
£143,000
Or £930 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Apr 5, 2018
£100,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 56 Salisbury Avenue, Melton Mowbray, a cozy and compact terraced type home with 3 bed in the LE13 1QX area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built 1900-1929 and has a reported internal area of 79 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £143,000 and a rental potential of £930 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 Apr 5, 2018. 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.

"The charming and well-presented three bedroom terrace property offers versatile living condition over three floors. Conveniently located for Melton town centre the property is also within the catchment for the well regarded Brownlow primary school. A large supermarket is within walking distance and commuters can regularly access routes to Leicester, Nottingham and Grantham. The accommodation briefly comprises on the ground floor of two reception rooms and a kitchen with utility area off, to the first floor there is a double bedroom, single bedroom which could be used as an office space or hobby room is required and a bathroom and to the second floor there is a further double bedroom. The property benefits from majority upvc double glazed windows, gas fired central heating and courtyard garden. Internal viewing is highly recommended. Access to the property is via a timber front door and leads into a dining area. Dining Area- 12ft 8 x 10ft 5 (3.90m x 3.20m) Working open fire set to a period feature fireplace, a upvc bay window to the front elevation and central heating radiator. Living Room- 16ft x 10ft 5 (4.88m x 3.20m) Upvc double glazed window to the rear elevation, feature fireplace, central heating radiator and useful understairs storage cupboard off. Kitchen- 7ft 8 x 5ft 9 (2.38m x 1.80m) Upvc double glazed window to the side elevation, a range of base and wall mounted units with roll edge worksurfaces, stainless steel sink drainer with mixer tap over, space for cooker and open plan archway to the utility area. Utility Area- 7ft x 5ft 6 (2.13m x 1.71m) Upvc double glazed window to the side elevation, upvc door offering access to the side and rear of the property, space for fridge freezer, space and plumbing for a washing machine and wall mounted boiler. First Floor Landing- Bedroom 2- 11ft 3 x 10ft 5 (3.44m x 3.20m) Upvc double glazed window to the front elevation, original cast iron feature fireplace and central heating radiator. Bedroom 3- 10ft 5 x 5ft 3 (3.20m x 1.62m) Timber frame single glazed window to the rear elevation and central heating radiator. Bathroom- 10ft 5 x 4ft 9 (3.20m x 1.49m) Timber frame single glazed window to the rear elevation. Bathroom comprises of a three piece white suite to include panelled bath with electric shower over, low level wc, pedestal wash handbasin, airing cupboard housing the hot water cylinder and shelving for storage. Second Floor- Bedroom 1- 13ft 3 x 10ft 5 (4.05m x 3.20m) Upvc double glazed window to the rear elevation, central heating radiator and useful storage cupboard off. Outside- To the front of the property there is a small front garden surrounded by painted picket fencing and gate. To the rear there is a low maintenance courtyard garden being surrounded by a combination of brick wall and tall timber panel fencing. There is side access to the rear via an alleyway from the front. Agents notes - This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 including VAT. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Midlands Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price. TO VIEW OR MAKE A BID – Contact The Nottingham or visit: http://www.themidlandspropertyauction.co.uk/ https://www.iamsold.co.uk – As an Estate Agency we are required to prevent Money Laundering and other financial Crime. This means that we have to carry out checks when dealing with customers buying or selling properties. We carry out these checks to help protect our business and our customers from becoming the victims of Financial Crime. This means you will be required to provide your financial information and proof of identity to Harrison Murray/The Nottingham Ltd aswell as Iam-sold Auction Service. General Information Agenys Note- From the 1st April 2018 there will be a requirement for any properties rented out (new tenancies and renewals of existing tenancies) in the private rented sector to have a minimum energy performance rating of E on its Energy Performance Certificate (EPC). It will be unlawful to rent a property that breaches the requirement for a minimum E rating with a civil penalty of up to £4,000 being imposed for breaches. If improvements have been made to the property, a new EPC must be conducted to reflect the changes and its new energy rating. Situation The property is situated conveniently for Melton Town centre where there is a wide variety of local shops, services and amenities. The property is in close proximity to a number of commuter links to the larger centres of Nottingham, Leicester and Grantham. There is a large Tesco supermarket close by and the property is within walking distance of Melton Country Park. There is a regularly serviced bus route and the property is within the cathcment for the highly regarded Brownlow Primary School. Directions From the our office proceed out of the town along Thorpe Road (A607). Take the second left onto Salisbury Avenue where the property can be found on the right hand side."

Property Data

Data point Compared to road
86 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £651 Try Mortgage Tracker
Energy £1,583 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

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

Cost improvements

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Suggestion: Switch energy provider
Click here to view providers

Strengths

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Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
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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 56 Salisbury Avenue, Melton Mowbray worth?

    56 Salisbury Avenue, Melton Mowbray is now worth £143,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 56 Salisbury Avenue, Melton Mowbray - click click here to get a valuation with no strings attached.

  2. What is the rental value of 56 Salisbury Avenue, Melton Mowbray?

    The current rental valuation for this property is £930 per month, within a price range of £837 and £1,022.

  3. How many bedrooms does 56 Salisbury Avenue, Melton Mowbray have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 56 Salisbury Avenue, 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 56 Salisbury Avenue, Melton Mowbray

    This is a Terraced property. There are 12 other Terraced properties on SALISBURY AVENUE, and 31 in total.

  6. When was 56 Salisbury Avenue, Melton Mowbray built? How old is 56 Salisbury Avenue, Melton Mowbray?

    56 Salisbury Avenue, Melton Mowbray was was built between 1900-1929.

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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