Sold Terraced

59 ROSEBERY AVENUE

MELTON MOWBRAY, MELTON MOWBRAY, LEICESTERSHIRE LE13 1BL

2 beds Listed 6 Feb 2008 (-6751d)

£123,500

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Property details

Last sold

£117,500 May 2008

Local average

£176,271 (-29.9%)

Deprivation

Decile 3 (8,128 of 33,755)

Street crime

201 incidents within 1 mile (May 2026)

Key features

  • Close To Town Centre
  • Refurbished Home
  • Two Reception Rooms
  • Stylish Modern Kitchen
  • New Bathroom With Shower
  • Gardens Front And Rear
  • No Upward Chain
  • Viewing Recommended

Description

This attractive two bedroomed mid terraced property is situated within walkiing distance of Melton Town Centre and is considered ideal for a first time purchaser or those looking for a buy to let property. The home benefits from Gas Fired Central Heating and Double Glazing and in brief the accommodation comprises: Lounge with feature fireplace, rear dining room, fitted kitchen with integrated appliances, rear lobby and downstairs cloakroom. To the first floor are two good sized bedrooms and bathroom with shower fitted. The property also benefits from front and rear gardens.

Listed by

Melton Mowbray, Lettings

Newton Fallowell

Reference: 19355486

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

20% since 2007

Event Date Price % change
Sold 09/05/2008 (18 years ago) £117,500 +19.9%
Sold 10/08/2007 (18 years ago) £98,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
33 MILL STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AY £190,000 22/01/2026 Terraced
19 BROOK STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AB £128,000 10/12/2025 Terraced
61 SAXBY ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BW £136,500 04/12/2025 Terraced
51 SAXBY ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BW £140,000 29/09/2025 Terraced
Same street 67 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BL £164,950 11/10/2024 Terraced
Same street 49 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BL £155,000 19/12/2023 Terraced
6 OAK ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BD £228,000 11/12/2023 Terraced
5 REGENT STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BJ £110,000 30/06/2023 Terraced
43 MILL STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AY £199,000 21/04/2023 Terraced
Same street 71 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BL £160,000 29/03/2023 Terraced
3 GEORGE STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AX £130,000 11/01/2023 Terraced
41 SAXBY ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BW £125,000 16/12/2022 Terraced
34 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BN £176,000 30/11/2022 Terraced
27 REGENT STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BJ £155,000 31/10/2022 Terraced
16 GEORGE STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AX £170,000 16/09/2022 Terraced
10 BROOK STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AB £155,000 12/09/2022 Terraced
55 REGENT STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BJ £145,000 19/08/2022 Terraced
22 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BN £170,000 18/07/2022 Terraced
23 MILL STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1AY £202,000 15/07/2022 Terraced
29 OAK ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BD £168,000 29/04/2022 Terraced
39 OAK ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BD £189,950 11/03/2022 Terraced
Same street 69 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BL £144,000 26/01/2022 Terraced
46 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BN £155,000 19/12/2021 Terraced
49 SAXBY ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BW £155,000 20/08/2021 Terraced

Street average: £155,988 (4 sales)

Area average: £161,373 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -6.6%
10y growth 30.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Melton. Series: Terraced. As of April 2026.

1y (index) -0.3%
5y (index) 14%
10y (index) 40.5%

Rental Range

Estimated market rent for Melton. Low = conservative, Realistic = average, Optimistic = best case.

Low £715/mo
Realistic £794/mo
Optimistic £873/mo

Based on Local Authority from postcode lookup → Melton.

LHA (30th percentile) floor for Leicester: £648/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop european super market 0.1 miles
Bus stop Tourist Information 0.1 miles
Bus stop Unknown 0.1 miles
Shop Thorpe Curtains 0.1 miles
Train station Melton Mowbray 0.3 miles
Train station Central Station 3.5 miles
Hospital Leicester Nuffield Hospital 11.5 miles
University Harlaxton College 11.9 miles

Street-level crime

Category Count
Violence and sexual offences 55
Shoplifting 46
Criminal damage and arson 26
Anti-social behaviour 19
Public order 15
Other theft 12
Other crime 8
Burglary 7
Drugs 5
Possession of weapons 3
Vehicle crime 2
Bicycle theft 1
Robbery 1
Theft from the person 1
Total incidents 201

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Brownlow Primary School Primary 0.4 miles Good — 10 Oct 2011
Saint Francis Catholic Primary School Primary 0.5 miles Good — 12 Jun 2017
Sherard Primary School Primary 0.6 miles Good — 22 Mar 2022
Birch Wood (Melton Area Special School) Other 0.7 miles Good — 13 Jan 2015
The Grove Primary School Primary 0.7 miles Good — 13 Feb 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Victoria Street, LE13 £875/mo 2 0.53 miles OpenRent

Average rent: £875/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.71%
Max investor price (0.8%) £109,375
Target investor price (1%) £87,500
Gross yield 8.5%
Cost-to-rent ratio 11.8×
Monthly cashflow £276/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).