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About This Property

Discover what makes this home special

The Locke is a spacious detached family home located in the charming market town of Melton Mowbray. Boasting four well-proportioned bedrooms and three bathrooms, this property is ideal for growing families or those who appreciate extra space. The ground floor offers a bright and open kitchen/dining area with ample natural light, complemented by a comfortable lounge perfect for relaxation. Upstairs, the bedrooms are thoughtfully arranged to provide privacy and convenience, including an en-suite to the master bedroom.

Situated within a friendly community, The Locke benefits from a south-west facing rear garden that enjoys generous afternoon and evening sunlight, making it perfect for outdoor entertaining and family activities. Its location provides easy access to local amenities, schools, and transport links, with Melton Mowbray train station just a short drive away, offering connections to Leicester and beyond.

Property Features

This detached home offers a versatile layout with four bedrooms and three bathrooms, including an en-suite for added privacy. The open plan kitchen and dining area is designed for modern family living, while the separate lounge provides a cozy space for relaxation. Additional features include a utility room, cloakroom, garage, and off-street parking. The south-west facing garden ensures good natural light throughout the day, enhancing the living experience.

DetachedFour BedroomsThree BathroomsEn-suiteSouth-West GardenOpen Plan Kitchen/Dining+5

Local Amenities

Located in Melton Mowbray, the property is close to essential amenities including the local train station providing connections to Leicester and other major cities. Education needs are well catered for by John Ferneley College and several primary schools nearby. The town centre offers a variety of shops, markets, and supermarkets such as Asda. For leisure and outdoor activities, Melton Country Park and the local leisure centre are within easy reach, providing excellent options for families and active lifestyles.

Melton Mowbray Train StationJohn Ferneley CollegeMelton Mowbray Market PlaceAsda SupermarketMelton Country ParkLocal GP Surgery+1
Melton Mowbray Train Station (1.3 miles, 5 mins drive) • 30 mins to Leicester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£368,000
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-
Purchase Costs
Total Price£368,000
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
68/100
ChallengingModerateGoodExcellent
Growing local rental demand
Limited direct international transport links
Affordable entry price

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£368,000
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 £1,533/mo rent
Area Price Growth
+1.7%
Average annual increase
5-Year Value Forecast
£399,575
+£31,575 projected gain
5-Year Rent Forecast
£1,938/mo
Based on 4.8% annual growth
Price per Sq Ft£294
Annual Rent Income£18,396
10-Year ROI200%
Break-Even Point18 yrs

Property Value Projection

Based on 1.7% annual growth
£399,575
5yr
£433,859
10yr
£471,085
15yr
£511,505
20yr
£555,393
25yr
Current: £368,000

Monthly Rental Income

Based on 4.8% annual growth
£1,938
5yr
£2,450
10yr
£3,097
15yr
£3,915
20yr
£4,950
25yr
Current: £1,533/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
30 mins
30 mins
London St Pancras
1h 30m
2h 15m

Sun Path & Natural LightAI generated - Estimated

NESW
South-West-Facing Excellent
8h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
45
Bike Score
Somewhat 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

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£368,000
AvailableNB0000013840
View Location Analytics

The Locke

Melton Mowbray, Melton Mowbray LE13 1LH
Stapleford Heights
4
Bedrooms
3
Bathrooms
1,250
Est. Sq ft
detached
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 168
1 plot(s) available
Ownershipfreehold

Request Information

£368,000The Locke

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The Locke
The LockeMelton Mowbray£368,000

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