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About This Property

Discover what makes this home special

The Drake is a charming two-bedroom terraced home located in the semi-rural setting near Melton Mowbray, Leicestershire. Offering a well-planned layout, this property features a spacious lounge and a modern kitchen/dining area with utility space, ideal for comfortable family living. Upstairs, two double bedrooms and a family bathroom provide ample accommodation for a small family or professionals. The rear garden faces southeast, ensuring pleasant morning sunlight and a bright, welcoming outdoor space.

Situated within easy reach of Melton Mowbray town centre, The Drake benefits from a peaceful yet accessible location. The property is well-connected by road, with Melton Mowbray train station just over two miles away, providing links to Leicester and Nottingham. Local amenities including schools, shops, and parks are within a short drive, making it a practical choice for families and commuters alike.

Property Features

This terraced home offers two comfortable double bedrooms upstairs alongside a family bathroom. The ground floor boasts a spacious lounge and a well-equipped kitchen/dining area with an adjoining utility room, providing practical and flexible living space. The rear garden faces southeast, capturing morning sun and offering a pleasant outdoor area. The property is finished with modern fittings and neutral decor, ready for immediate occupation.

Two double bedroomsFamily bathroomLoungeKitchen/Dining roomUtility roomRear garden (South-East facing)+2

Local Amenities

The Drake is conveniently located near Melton Mowbray town centre, known for its historic market and vibrant community. Residents benefit from access to John Ferneley College, local primary schools, and several supermarkets for daily needs. Outdoor enthusiasts will appreciate Melton Country Park nearby, offering green space and recreational facilities. A selection of local pubs and restaurants provide dining options within easy reach, enhancing the area's appeal.

Melton Mowbray train stationMelton Mowbray Market PlaceJohn Ferneley CollegeMelton Country ParkLocal supermarketsPubs and restaurants
Melton Mowbray Train Station (2.2 miles, 7 mins drive) • 40 mins by car to Leicester

Estimate Calculator

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25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£250,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Compare Rates
Purchase Costs
Total Price£250,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
60/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct train connectivity
Potential for rental demand from local workforce

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£250,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.0%
Based on £1,042/mo rent
Area Price Growth
+1.7%
Average annual increase
5-Year Value Forecast
£271,450
+£21,450 projected gain
5-Year Rent Forecast
£1,317/mo
Based on 4.8% annual growth
Price per Sq Ft£294
Annual Rent Income£12,504
10-Year ROI200%
Break-Even Point18 yrs

Property Value Projection

Based on 1.7% annual growth
£271,450
5yr
£294,741
10yr
£320,031
15yr
£347,490
20yr
£377,305
25yr
Current: £250,000

Monthly Rental Income

Based on 4.8% annual growth
£1,317
5yr
£1,665
10yr
£2,105
15yr
£2,661
20yr
£3,364
25yr
Current: £1,042/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Location

Commute Time Planner

Leicester
N/A (via Melton Mowbray station)
40 mins
Nottingham
N/A (via Melton Mowbray station)
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Low
Evening Low
Kitchen / Dining
Morning Good
Afternoon Moderate
Evening Low
Bedrooms
Morning Good
Afternoon Moderate
Evening Low

Location Scores

45
Walk Score
Car-Dependent
38
Transit Score
Some Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Melton Mowbray Town Centre Regeneration
1.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£250,000
AvailableNB0000035403
View Location Analytics

The Drake

Ashby-de-la-Zouch, Ashby-de-la-Zouch LE65 1DJ
Ashby Fields
2
Bedrooms
1
Bathrooms
850
Est. Sq ft
terraced
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 141
1 plot(s) available
Ownershipfreehold

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£250,000The Drake

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The Drake
The DrakeAshby-de-la-Zouch£250,000

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