# 3 bedroom semi-detached house for sale (LE13 1RU)

## Property Details

| Key | Value |
|-----|-------|
| Address | Bowley Avenue, Melton Mowbray, LE13 1RU |
| Price | £249,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £182,000 |

## Description

A three bedroom semi-detached home situated in a sought after area within Melton Mowbray.

Entering through the porch leads you to a spacious entrance hall with stairs leading to the first floor, kitchen with pantry and access to the side of the house, the dining room with bay window, living room with feature log burner and sliding doors leading to the conservatory which has access to the W/C. 

To the first floor are two double bedrooms, one with fitted wardrobes, a further bedroom and a family bathroom.

The property benefits from a driveway providing off road parking for two cars and a single garage, side access to the generous rear garden which is mainly laid to lawn and fully enclosed.  

Vendor has started some work to upgrade and improve the property but has now seen a property she would like to buy so very much an opportunity for a new purchaser to put their own stamp on the property.

Melton Mowbray is a thriving market town offering excellent local shopping and schooling facilities with the added benefit of being within easy commuting distance of the surrounding centres of Leicester, Nottingham, Loughborough and Stamford. Superb private schooling is available at nearby Oakham in addition to the Loughborough Endowed Schools, Ratcliffe College and Leicester Grammar School. The town is situated on the Leicester/Peterborough/Stansted railway with an excellent intercity service to London available from both Grantham and Leicester (approximately 1 hour).

## Property Photos

- ![Photo](/listings/photos/146589884/486276)
- ![Photo](/listings/photos/146589884/486277)
- ![Photo](/listings/photos/146589884/486280)
- ![Photo](/listings/photos/146589884/486282)
- ![Photo](/listings/photos/146589884/486286)
- ![Photo](/listings/photos/146589884/486288)
- ![Photo](/listings/photos/146589884/486291)
- ![Photo](/listings/photos/146589884/486294)
- ![Photo](/listings/photos/146589884/486298)
- ![Photo](/listings/photos/146589884/486306)
- ![Photo](/listings/photos/146589884/486312)
- ![Photo](/listings/photos/146589884/486316)

## Floorplans

- ![Floorplan 1](/listings/photos/146589884/486321) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/146589884/486324) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £182,000 | 01/01/2016 | — |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 HARVEY STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DD | £276,000 | 15/01/2026 | Semi-detached |
| 13 FLEMING DRIVE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DE | £260,000 | 01/08/2025 | Semi-detached |
| 13 FLEMING DRIVE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DE | £260,000 | 01/08/2025 | Semi-detached |
| [Same street] 13 BOWLEY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RU | £250,000 | 14/06/2024 | Semi-detached |
| 16 FERNELEY CRESCENT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RZ | £265,000 | 21/02/2023 | Semi-detached |
| [Same street] 12 BOWLEY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RU | £275,000 | 03/02/2023 | Semi-detached |
| 18 HARVEY STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DD | £281,500 | 01/12/2022 | Semi-detached |
| 16 HARVEY STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DD | £249,950 | 16/11/2022 | Semi-detached |
| 25 FLEMING DRIVE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DE | £246,000 | 28/10/2022 | Semi-detached |
| 5 FLEMING DRIVE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DE | £220,000 | 09/09/2022 | Semi-detached |
| 19 COPLEY CLOSE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RD | £220,000 | 12/07/2022 | Semi-detached |
| 1 JENNER CLOSE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DG | £240,000 | 25/05/2022 | Semi-detached |
| [Same street] 37 BOWLEY AVENUE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RU | £235,000 | 14/01/2022 | Semi-detached |
| 10 COPLEY CLOSE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RD | £180,500 | 20/12/2021 | Semi-detached |
| 9 FLEMING DRIVE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DE | £195,000 | 30/09/2021 | Semi-detached |
| 74 FERNELEY CRESCENT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1RZ | £249,950 | 22/09/2021 | Semi-detached |
| 17 FLEMING DRIVE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DE | £207,500 | 24/06/2021 | Semi-detached |

**Street average:** £253,333 (3 sales)
**Area average:** £239,386 (14 sales)

## Price vs local average

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

- **Local average:** £229,501 (55 Semi-detached, LE13, 2024–2026)
- **Deviation:** +8.5%

## Rental Range

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

- **Low:** £711/mo
- **Realistic:** £790/mo
- **Optimistic:** £869/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £773/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Gull Gardens, LE13 | £1,200/mo | 3 | 0.34 miles | OpenRent |
| 3 Bed End Terrace, Heron Crescent, LE13 | £1,130/mo | 3 | 0.39 miles | OpenRent |

**Average rent: £1,165/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.47% (weak for cashflow)
- **Max investor price (0.8%):** £145,625
- **Target investor price (1%):** £116,500

*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 £1,165/mo).*

- **Gross yield:** 5.6%
- **Cost-to-rent:** 17.8×
- **Monthly cashflow:** £43/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.7%

*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:** 10.2%
- **10y growth:** 37.5%

## House Price Index (HM Land Registry)

*Official index for Melton; Semi-detached series; as of March 2026.*

- **1y growth (index):** -0.7%
- **5y growth (index):** 20.5%
- **10y growth (index):** 49.5%

## 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)