About This Property

Discover what makes this home special

The Drake is a charming semi-detached home located in the market town of Melton Mowbray, Leicestershire. Offering two spacious bedrooms and a well-appointed bathroom, this property is ideal for first-time buyers or small families seeking a balance of comfort and convenience. The ground floor boasts a bright lounge with ample natural light, a modern kitchen/dining area with utility space, and a guest cloakroom, all designed to maximize living space and functionality. The rear garden faces south-east, providing pleasant sunlight throughout the day, perfect for outdoor relaxation or entertaining.

Situated within easy reach of Melton Mowbray town centre, residents benefit from access to local shops, eateries, parks, and schools, while still enjoying a peaceful residential setting. Transport links are reasonable, with Melton Mowbray train station just under two miles away, offering connections to Leicester and beyond. The area is poised for growth, supported by ongoing town centre regeneration projects that aim to enhance amenities and infrastructure, making The Drake a promising investment for the future.

Property Features

This property features a practical layout with two well-sized bedrooms upstairs and a modern bathroom. The ground floor includes a comfortable lounge, an open-plan kitchen/dining area with adjacent utility room, and a convenient cloakroom. The south-east facing garden benefits from good sunlight exposure, enhancing outdoor living. Off-street parking adds to the convenience for residents.

Semi-detachedTwo BedroomsOne BathroomLoungeKitchen/DiningUtility Room+3

Local Amenities

Located in Melton Mowbray, the property offers access to a variety of local amenities including the historic market, supermarkets, and a range of dining options. Educational needs are met by reputable nearby schools such as King Edward VII School. Outdoor enthusiasts will appreciate proximity to Melton Country Park. Public transport options include bus services and the nearby train station, facilitating travel to Leicester and other regional hubs.

Melton Mowbray Train StationMelton Mowbray MarketKing Edward VII SchoolMelton Country ParkLocal ShopsRestaurants+1
Melton Mowbray Train Station (1.7 miles, 6 mins drive) • 40 mins by train to Leicester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Could you get a better rate?Compare buy-to-let mortgage deals from 90+ lenders
Compare Rates
Purchase Costs
Total Price£220,000
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-
Get a personalised mortgage quoteCompare rates from 90+ lenders — free, no obligation
Compare Rates
Purchase Costs
Total Price£220,000
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 international transport links
Stable rental demand in regional market

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£220,000
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 £917/mo rent
Area Price Growth
+1.7%
Average annual increase
5-Year Value Forecast
£238,876
+£18,876 projected gain
5-Year Rent Forecast
£1,159/mo
Based on 4.8% annual growth
Price per Sq Ft£259
Annual Rent Income£11,004
10-Year ROI200%
Break-Even Point18 yrs

Property Value Projection

Based on 1.7% annual growth
£238,876
5yr
£259,372
10yr
£281,627
15yr
£305,791
20yr
£332,028
25yr
Current: £220,000

Monthly Rental Income

Based on 4.8% annual growth
£1,159
5yr
£1,465
10yr
£1,853
15yr
£2,342
20yr
£2,961
25yr
Current: £917/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
40 mins
30 mins
London St Pancras
1h 45m
1h 45m

Sun Path & Natural LightAI generated - Estimated

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

Room-by-Room Light Analysis

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

Location Scores

45
Walk Score
Car-Dependent
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Melton Mowbray Town Centre Regeneration
1 mileEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£220,000
AvailableNB0000039301
View Location Analytics

The Drake

Melton Mowbray, Melton Mowbray LE13 1LH
Stapleford Heights
2
Bedrooms
1
Bathrooms
850
Est. Sq ft
semi detached
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 163
1 plot(s) available
Ownershipfreehold

Request Information

£220,000The Drake

Enquire About This Property

The Drake
The DrakeMelton Mowbray£220,000

Property Assistant

Ask me anything