About This Property

Discover what makes this home special

The Melton is a stylish 3-bedroom terraced home located within the vibrant Waterside development in Leicester. Offering a modern layout with two bathrooms, including an en-suite, this property is ideal for families and professionals seeking a balance of comfort and convenience. The spacious kitchen/dining area opens onto a south-west facing garden, perfect for enjoying afternoon and evening sunlight. An additional office space on the ground floor provides a versatile environment for remote work or study.

Situated just over two miles from Leicester city centre, The Melton benefits from excellent transport links and access to a variety of local amenities. The nearby Waterside regeneration project promises continued growth and investment in the area, enhancing its appeal for both homeowners and investors. With good schools, parks, and shopping facilities close by, this property offers a well-rounded lifestyle in a thriving community.

Property Features

This property features three well-sized bedrooms upstairs, including a master with an en-suite bathroom. The ground floor offers a flexible office space and a convenient cloakroom WC. The open plan kitchen and dining area provide a bright and airy social hub with direct access to the garden. Additional storage is available under the stairs, enhancing practicality for day-to-day living.

3 Bedrooms2 BathroomsEn-suiteOfficeSouth-West Facing GardenOpen Plan Kitchen/Dining+2

Local Amenities

The Melton benefits from proximity to Leicester city centre, which offers a wide range of shopping, dining, and cultural experiences. Excellent educational facilities such as Abbey Primary School and Soar Valley College are nearby, catering well to families. Outdoor enthusiasts can enjoy Waterside Park and the Grand Union Canal for leisure activities. Transport connections are strong, with Leicester Railway Station providing direct routes to London and other major cities, and East Midlands Airport accessible within a 20-minute drive.

Leicester City CentreLeicester Railway StationAbbey Primary SchoolSoar Valley CollegeWaterside ParkLocal Shops+2
Leicester Railway Station Train Station (2.1 miles, 8 mins drive) • 10 mins by car to Leicester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£405,000
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£405,000
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
Proximity to Leicester city centre
Strong future development prospects
Moderate transport connectivity
Limited direct international transport links

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£405,000
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 £1,688/mo rent
Area Price Growth
+1.7%
Average annual increase
5-Year Value Forecast
£439,750
+£34,750 projected gain
5-Year Rent Forecast
£2,134/mo
Based on 4.8% annual growth
Price per Sq Ft£324
Annual Rent Income£20,256
10-Year ROI200%
Break-Even Point18 yrs

Property Value Projection

Based on 1.7% annual growth
£439,750
5yr
£477,481
10yr
£518,450
15yr
£562,934
20yr
£611,234
25yr
Current: £405,000

Monthly Rental Income

Based on 4.8% annual growth
£2,134
5yr
£2,698
10yr
£3,410
15yr
£4,311
20yr
£5,450
25yr
Current: £1,688/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

Site Plan

Location

Commute Time Planner

London St Pancras
1h 10m
1h 30m
East Midlands Airport
N/A
20 mins

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

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

Location Scores

55
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use residential and commercialHighly Positive Impact
Waterside Regeneration Project
On-siteEst. 2025
Transport infrastructure+Positive Impact
Leicester City Centre Transport Improvements
2 milesEst. 2024
* Information based on local planning applications and may be subject to change

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£405,000
AvailableNB0000026481
View Location Analytics

The Melton

Leicester, Leicester LE3 5BY
Waterside, Leicester
3
Bedrooms
2
Bathrooms
1,250
Est. Sq ft
terraced
Type
Available Plot Numbers
53
2 plot(s) available
Ownershipfreehold

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£405,000The Melton

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The Melton
The MeltonLeicester£405,000

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