# 2 bedroom terraced house for sale (LE13 1BL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 59 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON MOWBRAY, LEICESTERSHIRE LE13 1BL |
| Price | £123,500 |
| Bedrooms | 2 |
| Last sold | £117,500 May 2008 |

## 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.

## Property Photos

- ![Photo](/listings/photos/19355486/1565674)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BL | £117,500 | 09/05/2008 | Terraced |
| 59 ROSEBERY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1BL | £98,000 | 10/08/2007 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £176,271 (36 Terraced, LE13, 2024–2026)
- **Deviation:** -29.9%

## Rental Range

*ONS Price Index of Private Rents (Melton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £715/mo
- **Realistic:** £794/mo
- **Optimistic:** £873/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.71% (weak for cashflow)
- **Max investor price (0.8%):** £109,375
- **Target investor price (1%):** £87,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £875/mo).*

- **Gross yield:** 8.5%
- **Cost-to-rent:** 11.8×
- **Monthly cashflow:** £276/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -6.6%
- **10y growth:** 30.9%

## House Price Index (HM Land Registry)

*Official index for Melton; Terraced series; as of April 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)