{"slug":"9137e42","reference":"162294212","property":{"agentBranchId":181997,"agentBranchName":"Bournemouth","agentCompanyName":"McCarthy & Stone Management Services","shortDescription":"1 bedroom apartment for sale","listingUpdateReason":"Added on 27\/04\/2026","isCommercial":false,"propertySubType":"Apartment","propertyTypeDisplay":"Flat","bedrooms":1,"bathrooms":1,"addedDate":"2025-05-22","soldSTC":false,"latitude":52.772327,"longitude":-0.887375,"primaryPrice":"\u00a3230,000","price":230000,"displayPriceQualifier":null,"postcode":"LE13 1FH","displayAddress":"Catherine Place, Scalford Road, Melton Mowbray, Leicestershire. LE13 1FH","encId":"OIeUxP6ifK6kASdUl-crhe-2EfXCxvz-IfgC","councilTaxBand":"B","brochure":null,"description":"Well presented one bedroom apartment situated on the first floor within a popular MCCARTHY STONE retirement development. The apartment boosts from beautiful views towards the communal gardens and a Juliet balcony from the lounge. \nThe development offers EXCELLENT COMMUNAL FACILITIES including a communal lounge where SOCIAL EVENTS take place.\n**Entitlements Advice and Part Exchange available - speak to your Property Consultant for more information**\n\n**Catherine Place** - Catherine Place offers safe, secure, luxurious and low maintenance retirement homes, exclusive to the over the 60s. You\u2019ll benefit from a friendly House Manager on-site to keep everything running smoothly, as well as access to communal areas like the lovely lounge (with free Wi-Fi) and large gardens for socialising. There is a lift to all floors. There will also be a hotel-style guest suite as a convenient alternative when people come to stay. Pets are welcome too. \nThis apartment is designed with intelligent ergonomics and modern methods of construction to ensure they are a joy to live in. As well as being well-insulated, warm and energy-efficient, they have the latest safety and security features built in. You\u2019ll benefit from a 24-hour emergency call system and fire detection as well as the reassurance of a manager onsite in office hours.\n\n**Local Area** - Situated on Scalford Road in the historic market town of Melton Mowbray, Catherine Place is a superb Retirement Living development for the over 60's.These private retirement properties share attractive communal facilities and an amazing location. With easy walking access to the town centre, this Retirement Living development offers a multitude of amenities, entertainment and attractions right on the doorstep.\nAs well as being the home of both the pork pie and stilton cheese, various food festivals are held in Melton Mowbray throughout the year to champion local produce, and the twice-weekly market is also very popular with people from across the region.\nAs well as being a foodie's heaven, Melton Mowbray is a hotspot for history buffs. The town's heritage walking trail guides you through a thousand years of history, from a mention of the Melton Mowbray market in the Doomsday Book to a Roman Catholic Church built by the Polish community that, after exile during World War II, settled in the town in the 1940s.\nIf you play or enjoying watching bowls, you'll be interested to know that the English Indoor Bowling Association (EIBA) is based in Melton Mowbray and that the Melton & District Indoor Bowls Club hosts the EIBA National Championship annually.\nThe development is just 0.3 miles from the twice-weekly market and weekly antiques fair. Just a short stroll from here, you\u2019ll also find the Dickinson & Morris Ye Olde Pork Pie Shoppe, which specialises in the iconic Melton Mowbray pork pies.\nThe train station is under 1 mile away and has direct services to Nottingham, Birmingham, Norwich, Cambridge and many other destinations.\n\n**Entrance Hall** - Front door with spy hole leads to the large entrance hall from where the 24-hour Appello emergency response and remote door entry system is accessible. A range of power sockets. Door leading to a utility\/storage cupboard housing a washer\/drier, Smoke detector. Further doors lead to living room, bedroom, shower room.\n\n**Living Room** - A spacious living room with the benefit of French doors leading to a Juliet balcony providing views towards the well maintained communal gardens. The room offers space for dining. Two ceiling lights and raised height sockets.\n\n**Kitchen** - Fitted with a range of modern high gloss kitchen units and drawers. Black composite sink with mixer tap sits beneath the garden facing window. Built in Bosch electric oven and four ringed ceramic hob with extractor hood. Integrated fridge freezer. Ceiling and under pelmet lighting and a range of power sockets.\n\n**Bedroom** - Double bedroom also benefitting from a window providing attractive garden views. TV and telephone points, ceiling light and raised height sockets. Door leading to a walk-in wardrobe providing hanging rails and shelving.\n\n**Shower Room** - Partially tiled shower room comprising; large walk in shower with support rails and screen. Wash hand basin; vanity unit with storage cupboard. Illuminated mirror, shaver point, heated towel rail. Ceiling spotlights, floor tiling.\n\n**Service Charge (Breakdown)** - \u2022Cleaning of communal windows \n\u2022Water rates for communal areas\n\u2022Electricity, heating, lighting and power to communal areas\n\u202224-hour emergency call system\n\u2022Upkeep of gardens and grounds\n\u2022Repairs and maintenance to the interior and exterior communal areas\n\u2022Contingency fund including internal and external redecoration of communal areas\n\u2022Buildings insurance\n\nThe Service charge does not cover external costs such as your Council Tax, electricity or TV, to find out more about the service charges please contact your Property Consultant or House Manager.\n\nService charge: \u00a32,871.42 for financial year ending 28\/02\/2027.\n\nCheck out benefits you may be entitled to with our free entitlements advice service!\n\n**Lease Information** - Ground rent: \u00a3495 per annum. \nGround rent review: 1st Jan 2034.\nLease: 999 years from 1st Jan 2021\n\n**Moving Made Easy & Additional Information** - Moving is a huge step, but don\u2019t let that hold you back. We have a range of services to help your move go smoothly, including:\n\u2022 FREE Entitlements Advice to help you find out what benefits you may be entitled to that can assist with service charges or living costs.\n\u2022 Part Exchange service to help you move without the hassle of having to sell your own home.\n\u2022 Removal Services that can help you declutter and move you in to your new home.\n\u2022 Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.\nFOR MORE INFORMATION CHECK OUR WEBPAGE ADDITIONAL SERVICES OR SPEAK WITH OUR PROPERTY CONSULTANT\n\n\u2022 Full Fibre Broadband available\n\u2022 Mains water and electricity\n\u2022 Electric room heating\n\u2022 Mains drainage","floorplans":[{"url":"https:\/\/media.rightmove.co.uk\/property-floorplan\/1d6ae5290\/162294212\/1d6ae52905c7b313bf659136595487c4.jpeg","caption":"1801086-floorplan-final.jpg","type":"IMAGE","resizedFloorplanUrls":{"size296x197":"https:\/\/media.rightmove.co.uk\/dir\/property-floorplan\/1d6ae5290\/162294212\/1d6ae52905c7b313bf659136595487c4_max_296x197.jpeg"}}],"epcGraphs":[{"url":"https:\/\/media.rightmove.co.uk\/property-epc\/66f8baafe\/162294212\/66f8baafeb7f5b90db12a379f35d249a.png","caption":"EE Rating"}],"tenure":{"tenureType":"LEASEHOLD","yearsRemainingOnLease":993,"message":null},"keyFeatures":["Bright and spacious living room with a Juliet balcony and garden views","Modern kitchen with built in appliances","Bedroom with walk-in wardrobe","Second bedroom and guest shower room","Close to all amenities","House Manager","Communal Lounge","Landscaped gardens","Guest suite for family and friends","Video door entry system which is linked to the TV"],"features":{"featuresTable":{"Electricity":"\u2014","Broadband":"\u2014","Water":"\u2014","Sewerage":"\u2014","Heating":"\u2014","Accessibility":"\u2014","Parking":"\u2014","Garden":"Yes","Listed property":"\u2014","Restrictions":"\u2014","Required access":"\u2014","Rights of way":"\u2014","Flooded in last 5 years":"\u2014","Flood defences":"\u2014","Source of flood":"Ask agent"}},"deliveryPointId":107532349,"transactionHistoryData":{"year":2022,"price":217450},"soldPropertyTransactions":[{"transfer_date":"2022-01-01","price":217450}],"lastSoldYear":2022,"lastSoldPrice":217450,"landRegistryAddressUrl":null,"lastSoldDate":"2022-07-29","landRegistryTransactionUrl":"https:\/\/landregistry.data.gov.uk\/data\/ppi\/transaction\/2859c1ac-235a-52b4-e063-4804a8c05948\/current","landRegistryTransactionId":"2859c1ac-235a-52b4-e063-4804a8c05948","postalAddress":"APARTMENT 15, CATHERINE PLACE, PINE GARDENS, MELTON MOWBRAY, LEICESTERSHIRE LE13 1FH","paon":"CATHERINE 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presented one bedroom apartment situated on the first floor within a popular MCCARTHY STONE retirement development. The apartment boosts from beautiful views towards the communal gardens and a Juliet balcony from the lounge. \n\nThe development offers EXCELLENT COMMUNAL FACILITIES including a communal lounge where SOCIAL EVENTS take place.\n\n**Entitlements Advice and Part Exchange available - speak to your Property Consultant for more information**\n\n**Catherine Place** - Catherine Place offers safe, secure, luxurious and low maintenance retirement homes, exclusive to the over the 60s. You\u2019ll benefit from a friendly House Manager on-site to keep everything running smoothly, as well as access to communal areas like the lovely lounge (with free Wi-Fi) and large gardens for socialising. There is a lift to all floors. There will also be a hotel-style guest suite as a convenient alternative when people come to stay. Pets are welcome too. \n\nThis apartment is designed with intelligent ergonomics and modern methods of construction to ensure they are a joy to live in. As well as being well-insulated, warm and energy-efficient, they have the latest safety and security features built in. You\u2019ll benefit from a 24-hour emergency call system and fire detection as well as the reassurance of a manager onsite in office hours.\n\n**Local Area** - Situated on Scalford Road in the historic market town of Melton Mowbray, Catherine Place is a superb Retirement Living development for the over 60's.These private retirement properties share attractive communal facilities and an amazing location. With easy walking access to the town centre, this Retirement Living development offers a multitude of amenities, entertainment and attractions right on the doorstep.\n\nAs well as being the home of both the pork pie and stilton cheese, various food festivals are held in Melton Mowbray throughout the year to champion local produce, and the twice-weekly market is also very popular with people from across the region.\n\nAs well as being a foodie's heaven, Melton Mowbray is a hotspot for history buffs. The town's heritage walking trail guides you through a thousand years of history, from a mention of the Melton Mowbray market in the Doomsday Book to a Roman Catholic Church built by the Polish community that, after exile during World War II, settled in the town in the 1940s.\n\nIf you play or enjoying watching bowls, you'll be interested to know that the English Indoor Bowling Association (EIBA) is based in Melton Mowbray and that the Melton & District Indoor Bowls Club hosts the EIBA National Championship annually.\n\nThe development is just 0.3 miles from the twice-weekly market and weekly antiques fair. Just a short stroll from here, you\u2019ll also find the Dickinson & Morris Ye Olde Pork Pie Shoppe, which specialises in the iconic Melton Mowbray pork pies.\n\nThe train station is under 1 mile away and has direct services to Nottingham, Birmingham, Norwich, Cambridge and many other destinations.\n\n**Entrance Hall** - Front door with spy hole leads to the large entrance hall from where the 24-hour Appello emergency response and remote door entry system is accessible. A range of power sockets. Door leading to a utility\/storage cupboard housing a washer\/drier, Smoke detector. Further doors lead to living room, bedroom, shower room.\n\n**Living Room** - A spacious living room with the benefit of French doors leading to a Juliet balcony providing views towards the well maintained communal gardens. The room offers space for dining. Two ceiling lights and raised height sockets.\n\n**Kitchen** - Fitted with a range of modern high gloss kitchen units and drawers. Black composite sink with mixer tap sits beneath the garden facing window. Built in Bosch electric oven and four ringed ceramic hob with extractor hood. Integrated fridge freezer. Ceiling and under pelmet lighting and a range of power sockets.\n\n**Bedroom** - Double bedroom also benefitting from a window providing attractive garden views. TV and telephone points, ceiling light and raised height sockets. Door leading to a walk-in wardrobe providing hanging rails and shelving.\n\n**Shower Room** - Partially tiled shower room comprising; large walk in shower with support rails and screen. Wash hand basin; vanity unit with storage cupboard. Illuminated mirror, shaver point, heated towel rail. Ceiling spotlights, floor tiling.\n\n**Service Charge (Breakdown)** - \u2022Cleaning of communal windows \n\n\u2022Water rates for communal areas\n\n\u2022Electricity, heating, lighting and power to communal areas\n\n\u202224-hour emergency call system\n\n\u2022Upkeep of gardens and grounds\n\n\u2022Repairs and maintenance to the interior and exterior communal areas\n\n\u2022Contingency fund including internal and external redecoration of communal areas\n\n\u2022Buildings insurance\n\nThe Service charge does not cover external costs such as your Council Tax, electricity or TV, to find out more about the service charges please contact your Property Consultant or House Manager.\n\nService charge: \u00a32,871.42 for financial year ending 28\/02\/2027.\n\nCheck out benefits you may be entitled to with our free entitlements advice service!\n\n**Lease Information** - Ground rent: \u00a3495 per annum. \n\nGround rent review: 1st Jan 2034.\n\nLease: 999 years from 1st Jan 2021\n\n**Moving Made Easy & Additional Information** - Moving is a huge step, but don\u2019t let that hold you back. We have a range of services to help your move go smoothly, including:\n\n\u2022 FREE Entitlements Advice to help you find out what benefits you may be entitled to that can assist with service charges or living costs.\n\n\u2022 Part Exchange service to help you move without the hassle of having to sell your own home.\n\n\u2022 Removal Services that can help you declutter and move you in to your new home.\n\n\u2022 Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.\n\nFOR MORE INFORMATION CHECK OUR WEBPAGE ADDITIONAL SERVICES OR SPEAK WITH OUR PROPERTY CONSULTANT\n\n\u2022 Full Fibre Broadband available\n\n\u2022 Mains water and electricity\n\n\u2022 Electric room heating\n\n\u2022 Mains drainage\n\n## Property Photos\n\n- ![p09c0416.jpg](\/listings\/photos\/162294212\/200778) - p09c0416.jpg\n- ![p09c0407.jpg](\/listings\/photos\/162294212\/200781) - p09c0407.jpg\n- ![p09c0378.jpg](\/listings\/photos\/162294212\/200782) - p09c0378.jpg\n- ![p09c0381.jpg](\/listings\/photos\/162294212\/200784) - p09c0381.jpg\n- ![p09c0384.jpg](\/listings\/photos\/162294212\/200786) - p09c0384.jpg\n- ![p09c0385.jpg](\/listings\/photos\/162294212\/200788) - p09c0385.jpg\n- ![p09c0379.jpg](\/listings\/photos\/162294212\/200790) - p09c0379.jpg\n- ![p09c0380.jpg](\/listings\/photos\/162294212\/200793) - p09c0380.jpg\n- ![p09c0374.jpg](\/listings\/photos\/162294212\/200795) - p09c0374.jpg\n- ![p09c0375.jpg](\/listings\/photos\/162294212\/200797) - p09c0375.jpg\n- ![p09c0369.jpg](\/listings\/photos\/162294212\/200799) - p09c0369.jpg\n- ![p09c0368.jpg](\/listings\/photos\/162294212\/200801) - p09c0368.jpg\n- ![p09c0371.jpg](\/listings\/photos\/162294212\/200803) - p09c0371.jpg\n- ![p09c0370.jpg](\/listings\/photos\/162294212\/200805) - p09c0370.jpg\n- ![p09c0373.jpg](\/listings\/photos\/162294212\/200807) - p09c0373.jpg\n- ![p09c0415.jpg](\/listings\/photos\/162294212\/200809) - p09c0415.jpg\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200811) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200813) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200815) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200817) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200820) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200821) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200823) - Homeowners Lounge\n- ![Homeowners Lounge](\/listings\/photos\/162294212\/200825) - Homeowners Lounge\n- ![p09c0409.jpg](\/listings\/photos\/162294212\/200826) - p09c0409.jpg\n- ![p09c0410.jpg](\/listings\/photos\/162294212\/200827) - p09c0410.jpg\n- ![p09c0411.jpg](\/listings\/photos\/162294212\/200828) - p09c0411.jpg\n\n## Floorplans\n\n- ![1801086-floorplan-final.jpg](\/listings\/photos\/162294212\/200829) - 1801086-floorplan-final.jpg\n\n## EPC Graphs\n\n- ![EE Rating](\/listings\/photos\/162294212\/200830) - EE Rating\n\n## Sales History\n\n*Recorded sales for this property. Data from Land Registry Price Paid.*\n\n| Address | Price | Date | Type |\n|---------|-------|------|------|\n| CATHERINE PLACE APARTMENT 15 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3217,450 | 29\/07\/2022 | Flat |\n\n## Sold Comparables\n\n*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*\n\n| Address | Price | Date | Type |\n|---------|-------|------|------|\n| CATHERINE PLACE APARTMENT 20 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3220,000 | 14\/02\/2025 | Flat |\n| CATHERINE PLACE APARTMENT 44 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3307,495 | 29\/02\/2024 | Flat |\n| CATHERINE PLACE APARTMENT 25 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3195,800 | 29\/11\/2023 | Flat |\n| CATHERINE PLACE APARTMENT 27 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3175,940 | 25\/07\/2023 | Flat |\n| CATHERINE PLACE APARTMENT 32 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3130,265 | 25\/07\/2023 | Flat |\n| CATHERINE PLACE APARTMENT 43 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3136,018 | 25\/07\/2023 | Flat |\n| CATHERINE PLACE APARTMENT 9 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3135,442 | 25\/07\/2023 | Flat |\n| CATHERINE PLACE APARTMENT 16 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3182,268 | 25\/07\/2023 | Flat |\n| 9 DE MONTFORT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1JB | \u00a3127,000 | 23\/02\/2023 | Flat |\n| CATHERINE PLACE APARTMENT 47 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3127,620 | 21\/11\/2022 | Flat |\n| 23 YEW TREE CRESCENT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1LN | \u00a3230,000 | 28\/10\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 35 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3234,950 | 28\/10\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 34 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3302,950 | 30\/09\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 33 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3302,950 | 16\/09\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 1 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3219,950 | 19\/08\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 12 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3234,450 | 29\/07\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 5 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3303,450 | 29\/07\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 31 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3222,450 | 01\/07\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 38 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3263,505 | 28\/06\/2022 | Flat |\n| CATHERINE PLACE APARTMENT 42 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3215,782 | 28\/06\/2022 | Flat |\n| [Same street] 36 CATHERINE PLACE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3214,950 | 16\/09\/2021 | Flat |\n| [Same street] 41 CATHERINE PLACE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH | \u00a3279,950 | 10\/09\/2021 | Flat |\n\n**Street average:** \u00a3247,450 (2 sales)\n**Area average:** \u00a3213,414 (20 sales)\n\n## Price vs local average\n\n*Outcode + property type (HousePrices, last 2 years).*\n\n- **Local average:** \u00a3150,500 (4 Flat, LE13, 2024\u20132026)\n- **Deviation:** +52.8%\n\n## Rental Range\n\n*ONS Price Index of Private Rents (Melton). Low \/ Realistic \/ Optimistic = conservative \/ average \/ best case.*\n\n- **Low:** \u00a3711\/mo\n- **Realistic:** \u00a3790\/mo\n- **Optimistic:** \u00a3869\/mo\n\n## LHA (Local Housing Allowance)\n\n*VOA 30th percentile rent floor for Leicester (Apr 2025 \u2013 Mar 2026).*\n\n- **LHA floor (this property size):** \u00a3539\/mo\n\n## Rental Comparables\n\n*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*\n\n| Title | Rent | Beds | Distance | As seen on |\n|------|------|------|------|------|\n| Studio Flat, King Street, LE13 | \u00a3600\/mo | 1 | 0.51 miles | OpenRent |\n| Studio Flat, Thorpe Road, LE13 | \u00a3500\/mo | 1 | 0.58 miles | OpenRent |\n| Studio Flat, Thorpe Road, LE13 | \u00a3450\/mo | 1 | 0.58 miles | OpenRent |\n| 1 Bed Detached House, The Uplands, LE13 | \u00a3895\/mo | 1 | 0.76 miles | OpenRent |\n\n**Average rent: \u00a3611\/mo (4 listings)**\n\n## 1% Rule\n\n- **Rent ratio:** 0.24% (weak for cashflow)\n- **Max investor price (0.8%):** \u00a368,750\n- **Target investor price (1%):** \u00a355,000\n\n*Monthly rent \u00f7 price. 1%+ = strong, 0.8\u20131% = okay, <0.8% = weak. Max investor price = rent \u00f7 0.8% (Stoke-style target). Target investor price = rent \u00f7 1% (strong cashflow band). Based on OpenRent comparables.*\n\n## Rent-driven metrics\n\n*Based on OpenRent comparables (median \u00a3550\/mo).*\n\n- **Gross yield:** 2.9%\n- **Cost-to-rent:** 34.8\u00d7\n- **Monthly cashflow:** \u00a3-436\/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)\n- **Cash-on-cash ROI:** -7.8%\n\n*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price \u00f7 annual rent (from OpenRent comparables); under 14\u00d7 = strong, 14\u201316\u00d7 = acceptable, 17\u00d7+ = compressed. Cashflow = rent \u2212 mortgage \u2212 10% maintenance \u2212 \u00a325\/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit \u00f7 cash in (deposit + 4% purchase costs).*\n\n## Capital growth trend\n\n*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*\n\n- **5y growth:** -11.3%\n- **10y growth:** 21.3%\n\n## House Price Index (HM Land Registry)\n\n*Official index for Melton; Flats and maisonettes series; as of March 2026.*\n\n- **1y growth (index):** -5.9%\n- **5y growth (index):** 6.1%\n- **10y growth (index):** 29.6%\n\n## Flood risk\n\n- **Zone:** 1\n- **Risk:** Low\n- **Source:** Job (default Low)\n\n[Check long-term flood risk (GOV.UK)](https:\/\/check-long-term-flood-risk.service.gov.uk\/postcode)\n","energy_certificate":null,"fensa_certificates_count":0,"page_data":{"listing":{"id":8491,"reference":"162294212","slug":"9137e42","slug_hash":"9137e42e93fea2da0e086b22649f21e4401f5dec","portal":"rightmove","channel":"RES_BUY","meta":{"agentBranchId":181997,"agentBranchName":"Bournemouth","agentCompanyName":"McCarthy & Stone Management Services","shortDescription":"1 bedroom apartment for sale","listingUpdateReason":"Added on 27\/04\/2026","isCommercial":false,"propertySubType":"Apartment","propertyTypeDisplay":"Flat","bedrooms":1,"bathrooms":1,"addedDate":"2025-05-22","soldSTC":false,"latitude":52.772327,"longitude":-0.887375,"primaryPrice":"\u00a3230,000","price":230000,"displayPriceQualifier":null,"postcode":"LE13 1FH","displayAddress":"Catherine Place, Scalford Road, Melton Mowbray, Leicestershire. LE13 1FH","encId":"OIeUxP6ifK6kASdUl-crhe-2EfXCxvz-IfgC","councilTaxBand":"B","brochure":null,"description":"Well presented one bedroom apartment situated on the first floor within a popular MCCARTHY STONE retirement development. The apartment boosts from beautiful views towards the communal gardens and a Juliet balcony from the lounge. \nThe development offers EXCELLENT COMMUNAL FACILITIES including a communal lounge where SOCIAL EVENTS take place.\n**Entitlements Advice and Part Exchange available - speak to your Property Consultant for more information**\n\n**Catherine Place** - Catherine Place offers safe, secure, luxurious and low maintenance retirement homes, exclusive to the over the 60s. You\u2019ll benefit from a friendly House Manager on-site to keep everything running smoothly, as well as access to communal areas like the lovely lounge (with free Wi-Fi) and large gardens for socialising. There is a lift to all floors. There will also be a hotel-style guest suite as a convenient alternative when people come to stay. Pets are welcome too. \nThis apartment is designed with intelligent ergonomics and modern methods of construction to ensure they are a joy to live in. As well as being well-insulated, warm and energy-efficient, they have the latest safety and security features built in. You\u2019ll benefit from a 24-hour emergency call system and fire detection as well as the reassurance of a manager onsite in office hours.\n\n**Local Area** - Situated on Scalford Road in the historic market town of Melton Mowbray, Catherine Place is a superb Retirement Living development for the over 60's.These private retirement properties share attractive communal facilities and an amazing location. With easy walking access to the town centre, this Retirement Living development offers a multitude of amenities, entertainment and attractions right on the doorstep.\nAs well as being the home of both the pork pie and stilton cheese, various food festivals are held in Melton Mowbray throughout the year to champion local produce, and the twice-weekly market is also very popular with people from across the region.\nAs well as being a foodie's heaven, Melton Mowbray is a hotspot for history buffs. The town's heritage walking trail guides you through a thousand years of history, from a mention of the Melton Mowbray market in the Doomsday Book to a Roman Catholic Church built by the Polish community that, after exile during World War II, settled in the town in the 1940s.\nIf you play or enjoying watching bowls, you'll be interested to know that the English Indoor Bowling Association (EIBA) is based in Melton Mowbray and that the Melton & District Indoor Bowls Club hosts the EIBA National Championship annually.\nThe development is just 0.3 miles from the twice-weekly market and weekly antiques fair. Just a short stroll from here, you\u2019ll also find the Dickinson & Morris Ye Olde Pork Pie Shoppe, which specialises in the iconic Melton Mowbray pork pies.\nThe train station is under 1 mile away and has direct services to Nottingham, Birmingham, Norwich, Cambridge and many other destinations.\n\n**Entrance Hall** - Front door with spy hole leads to the large entrance hall from where the 24-hour Appello emergency response and remote door entry system is accessible. A range of power sockets. Door leading to a utility\/storage cupboard housing a washer\/drier, Smoke detector. Further doors lead to living room, bedroom, shower room.\n\n**Living Room** - A spacious living room with the benefit of French doors leading to a Juliet balcony providing views towards the well maintained communal gardens. The room offers space for dining. Two ceiling lights and raised height sockets.\n\n**Kitchen** - Fitted with a range of modern high gloss kitchen units and drawers. Black composite sink with mixer tap sits beneath the garden facing window. Built in Bosch electric oven and four ringed ceramic hob with extractor hood. Integrated fridge freezer. Ceiling and under pelmet lighting and a range of power sockets.\n\n**Bedroom** - Double bedroom also benefitting from a window providing attractive garden views. TV and telephone points, ceiling light and raised height sockets. Door leading to a walk-in wardrobe providing hanging rails and shelving.\n\n**Shower Room** - Partially tiled shower room comprising; large walk in shower with support rails and screen. Wash hand basin; vanity unit with storage cupboard. Illuminated mirror, shaver point, heated towel rail. Ceiling spotlights, floor tiling.\n\n**Service Charge (Breakdown)** - \u2022Cleaning of communal windows \n\u2022Water rates for communal areas\n\u2022Electricity, heating, lighting and power to communal areas\n\u202224-hour emergency call system\n\u2022Upkeep of gardens and grounds\n\u2022Repairs and maintenance to the interior and exterior communal areas\n\u2022Contingency fund including internal and external redecoration of communal areas\n\u2022Buildings insurance\n\nThe Service charge does not cover external costs such as your Council Tax, electricity or TV, to find out more about the service charges please contact your Property Consultant or House Manager.\n\nService charge: \u00a32,871.42 for financial year ending 28\/02\/2027.\n\nCheck out benefits you may be entitled to with our free entitlements advice service!\n\n**Lease Information** - Ground rent: \u00a3495 per annum. \nGround rent review: 1st Jan 2034.\nLease: 999 years from 1st Jan 2021\n\n**Moving Made Easy & Additional Information** - Moving is a huge step, but don\u2019t let that hold you back. We have a range of services to help your move go smoothly, including:\n\u2022 FREE Entitlements Advice to help you find out what benefits you may be entitled to that can assist with service charges or living costs.\n\u2022 Part Exchange service to help you move without the hassle of having to sell your own home.\n\u2022 Removal Services that can help you declutter and move you in to your new home.\n\u2022 Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.\nFOR MORE INFORMATION CHECK OUR WEBPAGE ADDITIONAL SERVICES OR SPEAK WITH OUR PROPERTY CONSULTANT\n\n\u2022 Full Fibre Broadband available\n\u2022 Mains water and electricity\n\u2022 Electric room heating\n\u2022 Mains drainage","floorplans":[{"url":"https:\/\/media.rightmove.co.uk\/property-floorplan\/1d6ae5290\/162294212\/1d6ae52905c7b313bf659136595487c4.jpeg","caption":"1801086-floorplan-final.jpg","type":"IMAGE","resizedFloorplanUrls":{"size296x197":"https:\/\/media.rightmove.co.uk\/dir\/property-floorplan\/1d6ae5290\/162294212\/1d6ae52905c7b313bf659136595487c4_max_296x197.jpeg"}}],"epcGraphs":[{"url":"https:\/\/media.rightmove.co.uk\/property-epc\/66f8baafe\/162294212\/66f8baafeb7f5b90db12a379f35d249a.png","caption":"EE Rating"}],"tenure":{"tenureType":"LEASEHOLD","yearsRemainingOnLease":993,"message":null},"keyFeatures":["Bright and spacious living room with a Juliet balcony and garden views","Modern kitchen with built in appliances","Bedroom with walk-in wardrobe","Second bedroom and guest shower room","Close to all amenities","House Manager","Communal Lounge","Landscaped gardens","Guest suite for family and friends","Video door entry system which is linked to the 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presented one bedroom apartment situated on the first floor within a popular MCCARTHY STONE retirement development. The apartment boosts from beautiful views towards the communal gardens and a Juliet balcony from the lounge.
The development offers EXCELLENT COMMUNAL FACILITIES including a communal lounge where SOCIAL EVENTS take place.
**Entitlements Advice and Part Exchange available - speak to your Property Consultant for more information**

Catherine Place<\/b> - Catherine Place offers safe, secure, luxurious and low maintenance retirement homes, exclusive to the over the 60s. You\u2019ll benefit from a friendly House Manager on-site to keep everything running smoothly, as well as access to communal areas like the lovely lounge (with free Wi-Fi) and large gardens for socialising. There is a lift to all floors. There will also be a hotel-style guest suite as a convenient alternative when people come to stay. Pets are welcome too.
This apartment is designed with intelligent ergonomics and modern methods of construction to ensure they are a joy to live in. As well as being well-insulated, warm and energy-efficient, they have the latest safety and security features built in. You\u2019ll benefit from a 24-hour emergency call system and fire detection as well as the reassurance of a manager onsite in office hours.

Local Area<\/b> - Situated on Scalford Road in the historic market town of Melton Mowbray, Catherine Place is a superb Retirement Living development for the over 60's.These private retirement properties share attractive communal facilities and an amazing location. With easy walking access to the town centre, this Retirement Living development offers a multitude of amenities, entertainment and attractions right on the doorstep.
As well as being the home of both the pork pie and stilton cheese, various food festivals are held in Melton Mowbray throughout the year to champion local produce, and the twice-weekly market is also very popular with people from across the region.
As well as being a foodie's heaven, Melton Mowbray is a hotspot for history buffs. The town's heritage walking trail guides you through a thousand years of history, from a mention of the Melton Mowbray market in the Doomsday Book to a Roman Catholic Church built by the Polish community that, after exile during World War II, settled in the town in the 1940s.
If you play or enjoying watching bowls, you'll be interested to know that the English Indoor Bowling Association (EIBA) is based in Melton Mowbray and that the Melton & District Indoor Bowls Club hosts the EIBA National Championship annually.
The development is just 0.3 miles from the twice-weekly market and weekly antiques fair. Just a short stroll from here, you\u2019ll also find the Dickinson & Morris Ye Olde Pork Pie Shoppe, which specialises in the iconic Melton Mowbray pork pies.
The train station is under 1 mile away and has direct services to Nottingham, Birmingham, Norwich, Cambridge and many other destinations.

Entrance Hall<\/b> - Front door with spy hole leads to the large entrance hall from where the 24-hour Appello emergency response and remote door entry system is accessible. A range of power sockets. Door leading to a utility\/storage cupboard housing a washer\/drier, Smoke detector. Further doors lead to living room, bedroom, shower room.

Living Room<\/b> - A spacious living room with the benefit of French doors leading to a Juliet balcony providing views towards the well maintained communal gardens. The room offers space for dining. Two ceiling lights and raised height sockets.

Kitchen<\/b> - Fitted with a range of modern high gloss kitchen units and drawers. Black composite sink with mixer tap sits beneath the garden facing window. Built in Bosch electric oven and four ringed ceramic hob with extractor hood. Integrated fridge freezer. Ceiling and under pelmet lighting and a range of power sockets.

Bedroom<\/b> - Double bedroom also benefitting from a window providing attractive garden views. TV and telephone points, ceiling light and raised height sockets. Door leading to a walk-in wardrobe providing hanging rails and shelving.

Shower Room<\/b> - Partially tiled shower room comprising; large walk in shower with support rails and screen. Wash hand basin; vanity unit with storage cupboard. Illuminated mirror, shaver point, heated towel rail. Ceiling spotlights, floor tiling.

Service Charge (Breakdown)<\/b> - \u2022Cleaning of communal windows
\u2022Water rates for communal areas
\u2022Electricity, heating, lighting and power to communal areas
\u202224-hour emergency call system
\u2022Upkeep of gardens and grounds
\u2022Repairs and maintenance to the interior and exterior communal areas
\u2022Contingency fund including internal and external redecoration of communal areas
\u2022Buildings insurance

The Service charge does not cover external costs such as your Council Tax, electricity or TV, to find out more about the service charges please contact your Property Consultant or House Manager.

Service charge: \u00a32,871.42 for financial year ending 28\/02\/2027.

Check out benefits you may be entitled to with our free entitlements advice service!

Lease Information<\/b> - Ground rent: \u00a3495 per annum.
Ground rent review: 1st Jan 2034.
Lease: 999 years from 1st Jan 2021

Moving Made Easy & Additional Information<\/b> - Moving is a huge step, but don\u2019t let that hold you back. We have a range of services to help your move go smoothly, including:
\u2022 FREE Entitlements Advice to help you find out what benefits you may be entitled to that can assist with service charges or living costs.
\u2022 Part Exchange service to help you move without the hassle of having to sell your own home.
\u2022 Removal Services that can help you declutter and move you in to your new home.
\u2022 Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.
FOR MORE INFORMATION CHECK OUR WEBPAGE ADDITIONAL SERVICES OR SPEAK WITH OUR PROPERTY CONSULTANT

\u2022 Full Fibre Broadband available
\u2022 Mains water and electricity
\u2022 Electric room heating
\u2022 Mains drainage

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