Sold STC Bungalow

3 SWIFT CLOSE

MELTON MOWBRAY, LEICESTERSHIRE LE13 0BB

2 beds 1 baths Listed 31 May 2023 (-1147d)

£198,000

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Property details

Tenure

FREEHOLD

Last sold

£191,000 Nov 2023

Local average

£334,053 (-40.7%)

Deprivation

Decile 7 (22,505 of 33,755)

Street crime

117 incidents within 1 mile (May 2026)

Key features

  • Detached Garage
  • Cul-de-sac Location
  • Generous Gardens
  • Extremely Well Maintained

Additional details

Heating
Gas central
Parking
Garage
Garden
Yes

Description

A semi-detached two bedroom bungalow set in a cul de sac location with brick and glazed conservatory, detached garage, double length car port, drive and good size mature level gardens front and rear.
 
The accommodation in brief consists of entrance hall, lounge, kitchen, 2 bedrooms, bathroom and conservatory. Outside there are good size level gardens to the front and rear laid to lawn with mature shrubs, vehicle hard standing and driveway leading to a covered carport of double length and detached garage.
 
The property has been fully decorated and new fitted carpets/vinyl flooring. Double glazed, cavity wall insulation, gas fired central heating with a new Baxi Combi Boiler with a 10-year parts and labour warranty installed 2021. Electrics upgraded, tested and certificated 2021, new bathroom 2022 and new garage roof coverings 2023. New internal doors, double glazed defective sealed units replaced and the up and over garage door serviced with new springs fitted.
 
Entrance Hall  Entrance door part glazed, coving to ceiling, single panel radiator, coat hooks and loft access with pull down access ladder.
 
Sitting Room  4.27m x 3.56m. 14’ x 11’8”. Electric feature fire (gas point for fire available) radiator, uPVC double glazed window to the front elevation and coving to the ceiling.
 
Kitchen  2.90 x 2.16m. 9’6” x 7’1”.  Stainless steel sink, cooker extract hood, work surfaces, draws, cupboards and matching wall units. Tile splash backs, plumbing for washing machine, space for cooker and  fridge/ freezer. Coving to the ceiling, wall mounted Baxi combi boiler, uPVC double glazed window to the front elevation with blind.
 
Bedroom one 4.45  x 2.90m. 14’7” x 9’6”.  Single panel radiator, coving to ceiling and sliding patio doors through to the conservatory. This bedroom has previously been used as a dining room and several years ago was open plan to the sitting room which can easily be reinstated with minimal none structural work.
 
Bedroom two 3.05 x 2.67m. 10’ x 8’9”.  Radiator, coving to ceiling , uPVC double glazed window to the rear elevation.
 
Bathroom 1.75 x 1.65. 5,9” x 5’5”. Recently refitted with a white suite comprising panelled bath with shower over, shower curtain and rail wash hand basin with pedestal and WC. Fully tiled walls, window with blind and chrome heated towel rail  
 
Outside to the front. Laid to lawn with mature shrubs. Good length of vehicle hard standing and driveway leading to a covered carport of double car length to the detached garage. Outside tap and gated access to the back garden.
 
Detached garage 5.69 x 3.28m. 18’8” x 10’9”. Brick built garage, up and over door recently serviced and new springs fitted, light and power sockets, double glazed upvc window to the side elevation overlooking the garden  
 
Outside to the rear. Good size level garden laid to lawn, shrubs, patio area and slab path leading to a gravelled area previously used for a green house. Garden is fully fenced and has a secure side gate giving access to the front of the property. 
Tenure: Freehold
Council Tax: B

Listed by

Midlands

Strike

Reference: 135534860

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 17/11/2023 (2 years ago) £191,000

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
56 BARKER CRESCENT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0QW £184,000 03/10/2023 Detached
63 DALBY ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0BQ £325,000 30/11/2022 Detached
4 SWALLOWDALE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0AU £295,000 20/04/2022 Detached
Same street 15 SWIFT CLOSE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0BB £152,500 21/01/2022 Terraced
39 KESTREL ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0AY £160,000 20/08/2021 Detached

Street average: £152,500 (1 sale)

Area average: £241,000 (4 sales)

Capital growth trend

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

5y growth -7%
10y growth 13.7%

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

1y (index) -0.2%
5y (index) 14.6%
10y (index) 39.2%

Rental Range

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

Low £712/mo
Realistic £791/mo
Optimistic £870/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
Bus stop Queensway 0.1 miles
Shop Ajiv News 0.2 miles
Shop Premier Harveens Convenience Store 0.2 miles
Train station Melton Mowbray 0.7 miles
Hospital St Mary's Hospital 1.2 miles
Train station Central Station 3.9 miles
Hospital Rutland Memorial Hospital 8.4 miles

Street-level crime

Category Count
Shoplifting 33
Violence and sexual offences 25
Anti-social behaviour 17
Criminal damage and arson 15
Public order 7
Burglary 6
Other theft 6
Other crime 3
Drugs 2
Bicycle theft 1
Possession of weapons 1
Vehicle crime 1
Total incidents 117

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
Swallowdale Primary School and Community Centre Primary 0.1 miles Good — 29 Jan 2023
Saint Francis Catholic Primary School Primary 0.6 miles Good — 12 Jun 2017
Melton Vale Sixth Form College Other 0.8 miles (No rating)
Sherard Primary School Primary 0.8 miles Good — 22 Mar 2022
Long Field Spencer Academy Secondary 0.8 miles Good — 26 Feb 2018

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 Semi-Detached House, Eagles Drive, LE13 £950/mo 2 0.08 miles OpenRent
2 Bed Bungalow, Tamar Road, LE13 £875/mo 2 0.42 miles OpenRent
2 Bed Terraced House, Victoria Street, LE13 £875/mo 2 0.53 miles OpenRent

Average rent: £900/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.44%
Max investor price (0.8%) £109,375
Target investor price (1%) £87,500
Gross yield 5.3%
Cost-to-rent ratio 18.9×
Monthly cashflow £-17/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.4%
  • 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).