About This Property

Discover what makes this home special

The Drake is a charming semi-detached home located in the heart of Melton Mowbray, offering a comfortable living space ideal for small families or first-time buyers. Boasting two well-proportioned bedrooms and a modern bathroom upstairs, this property provides a practical layout with a spacious lounge and an open-plan kitchen/dining area on the ground floor. The addition of a utility room and downstairs cloakroom adds to the convenience and functionality of the home.

Situated on plot 153, the property benefits from a south-west facing rear garden that enjoys good sunlight throughout the day, perfect for outdoor relaxation and entertaining. Its location offers a balance between peaceful residential living and accessibility to local amenities, schools, and transport links, making it an attractive option for both homeowners and investors.

Property Features

This property features a well-designed open-plan kitchen and dining area that maximizes space and natural light, complemented by a separate utility room for added practicality. The lounge is spacious and inviting, perfect for family gatherings or relaxing evenings. Upstairs, two comfortable bedrooms provide ample accommodation, supported by a modern bathroom. The south-west facing garden ensures good sunlight exposure, enhancing outdoor living opportunities. Additional conveniences include a downstairs cloakroom and off-street parking options nearby.

South-West facing gardenUtility roomOpen-plan kitchen/diningDownstairs cloakroomTwo bedroomsModern bathroom+2

Local Amenities

The property is well-positioned close to Melton Mowbray Railway Station, providing rail links to Leicester and beyond. Educational needs are served by reputable institutions such as John Ferneley College and several primary schools nearby. Residents benefit from access to local shopping including the historic Melton Mowbray Market Place and a large Asda Superstore. For leisure, Melton Country Park offers green space and recreational facilities. Public transport is readily available with multiple bus stops in the vicinity, and local GP surgeries ensure healthcare needs are met within easy reach.

Melton Mowbray Railway StationJohn Ferneley CollegeMelton Mowbray Market PlaceAsda SuperstoreMelton Country ParkLocal GP surgeries+1
Melton Mowbray Train Station (1.3 miles, 5 mins drive) • 35 mins to Leicester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£232,500
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-
Purchase Costs
Total Price£232,500
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
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct international transport links
Stable rental demand from local workforce

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£232,500
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 £969/mo rent
Area Price Growth
+1.7%
Average annual increase
5-Year Value Forecast
£252,449
+£19,949 projected gain
5-Year Rent Forecast
£1,225/mo
Based on 4.8% annual growth
Price per Sq Ft£291
Annual Rent Income£11,628
10-Year ROI200%
Break-Even Point18 yrs

Property Value Projection

Based on 1.7% annual growth
£252,449
5yr
£274,109
10yr
£297,629
15yr
£323,166
20yr
£350,894
25yr
Current: £232,500

Monthly Rental Income

Based on 4.8% annual growth
£1,225
5yr
£1,549
10yr
£1,958
15yr
£2,475
20yr
£3,129
25yr
Current: £969/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
35 mins
30 mins
London St Pancras
1h 45m
1h 45m

Sun Path & Natural LightAI generated - Estimated

NESW
South-West-Facing Excellent
7h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Good
Evening Good
Kitchen/Dining
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Moderate
Afternoon Good
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

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£232,500
AvailableNB0000013838
View Location Analytics

The Drake

Melton Mowbray, Melton Mowbray LE13 1LH
Stapleford Heights
2
Bedrooms
1
Bathrooms
800
Est. Sq ft
semi detached
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 153
1 plot(s) available
Ownershipfreehold

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£232,500The Drake

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The Drake
The DrakeMelton Mowbray£232,500

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