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About This Property

Discover what makes this home special

The Drake is a charming end-terraced home located in the heart of Melton Mowbray, offering a perfect blend of modern living and traditional appeal. With two well-proportioned bedrooms and a spacious lounge, this property is ideal for first-time buyers, small families, or investors seeking a solid rental opportunity. The open-plan kitchen and dining area, complemented by a utility space, provides a practical and welcoming environment for everyday living and entertaining. The property benefits from a private garden facing south-east, ensuring good natural light throughout the day.

Situated within easy reach of Melton Mowbray town centre, The Drake offers excellent access to local amenities, schools, and transport links, making it a convenient and attractive home. The nearby Melton Mowbray railway station connects residents to larger cities, while a range of shops, supermarkets, and recreational facilities are all within walking distance. This property represents a fantastic opportunity to own a comfortable and well-located home in a sought-after market.

Property Features

This end-terraced property features two spacious bedrooms upstairs, a well-designed bathroom, and a generous lounge area on the ground floor. The open-plan kitchen and dining room is complemented by a handy utility room, enhancing functionality. The south-east facing rear garden offers pleasant outdoor space with good sunlight exposure, ideal for relaxation or gardening. Additional benefits include double glazing and gas central heating, ensuring comfort and energy efficiency year-round.

End-terracedTwo BedroomsOpen-plan Kitchen/DiningUtility RoomLoungeSouth-East Facing Garden+2

Local Amenities

The property is conveniently located close to Melton Mowbray Railway Station, providing direct rail links to Nottingham and Leicester, making commuting straightforward. Local education options include John Ferneley College and Melton Vale Primary School, both highly regarded in the area. For daily shopping needs, Tesco Superstore and the vibrant Melton Market Place are just a short walk away. Residents can also enjoy leisure time at Melton Country Park or explore a variety of local pubs and restaurants, contributing to a well-rounded community lifestyle.

Melton Mowbray Railway StationMelton Mowbray Market PlaceJohn Ferneley CollegeMelton Vale Primary SchoolTesco SuperstoreMelton Country Park+1
Melton Mowbray Railway Station Train Station (1.3 miles, 5 mins drive) • 40 mins to Nottingham

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
68/100
ChallengingModerateGoodExcellent
Good transport links to major cities
Stable rental market with moderate yields
Limited international profile of Melton Mowbray

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£274
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

Nottingham
40 mins
35 mins
Leicester
30 mins
30 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 Good
Evening Low
Kitchen / Dining
Morning Good
Afternoon Excellent
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£232,500
AvailableNB0000013837
View Location Analytics

The Drake

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

Developer

Bloor Homes
Available Plot Numbers
Plot 392
1 plot(s) available
Ownershipfreehold

Request Information

£232,500The Drake

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The Drake
The DrakeMelton Mowbray£232,500

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