Sold STC Detached

The Stables

BROOK LANE, MELTON MOWBRAY, LEICESTERSHIRE LE13 1DH

3 beds 3 baths 2,067 sq ft Listed 5 Jan 2024 (-890d)

£450,000

Reduced on 4 Apr 2024

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Front of Property Kitchen Lounge Kitchen Lounge Kitchen Shower Room 1st Floor Lounge Diner 1st Floor Lounge Diner 1st Floor Kitchen Landing Bedroom 1 Ensuite Bedroom 2 Bedroom3 Bathroom Workshop Loft Room Loft Room Garden

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Property details

Tenure

FREEHOLD

Floor area

192 m²

Council tax band

TBC

Year built

England and Wales: before 1900

Last sold

£407,500 Dec 2024

Price per m²

£2,344/m²

Local average

£335,557 (+34.1%)

Deprivation

Decile 3 (8,128 of 33,755)

Street crime

145 incidents within 1 mile (Apr 2026)

Key features

  • Substantial Detached Property
  • Fantastic Renovation project
  • Modernisation Required
  • Quiet Location
  • Near Excellent Amenities
  • Chain Free

Additional details

Parking
Yes
Garden
Yes

Description

A fabulous opportunity to purchase this large property, originally the Stables for what was the Manor House. With so much potential, this could be, subject to planning permission, converted into multiple dwellings, or even modernised to create a fantastic family home. 
Located in a quiet lane in Melton Mowbray, this private, L-shaped, impressive substantial building is partially converted, comprising 3 bedrooms, 3 bathrooms, 2 living spaces, 1 working kitchen and a partially fitted kitchen upstairs in one wing, with a very large 2 storey workshop ripe for further conversion. With off street parking for 2 vehicles and a large garden, the possibilities are numerous. Book your viewing now!

Listed by

Covering East Midlands

The Property Franchise Group

Reference: 143393321

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
The Stables, Brook Lane, MELTON MOWBRAY 61 70 192 m² England and Wales: before 1900 Detached

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

2D Floorplan

2D Floorplan

3D Floorplan

3D Floorplan

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 06/12/2024 (1 year ago) £407,500

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
2 BALDOCKS LANE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1EN £292,000 15/12/2025 Detached
Same street 21 BROOK LANE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DH £450,000 19/10/2023 Detached
6 IRIS PLACE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0GS £420,000 01/09/2023 Detached
Same street 1 BROOK LANE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DH £146,000 23/06/2023 Semi-detached
50 BURTON ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1DJ £295,000 09/06/2023 Detached
59 ANKLE HILL, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0QJ £300,000 15/11/2022 Detached
55 CRAVEN STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0QT £320,000 10/11/2022 Detached
35 CRAVEN STREET, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0QT £400,000 28/10/2022 Detached
13 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £385,000 28/10/2022 Detached
21 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £455,000 02/09/2022 Detached
33 BALDOCKS LANE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1EN £290,000 19/04/2022 Detached
3 PADDOCK CLOSE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1HF £255,000 19/04/2022 Detached
4 IRIS PLACE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0GS £495,000 01/04/2022 Detached
26 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £382,500 31/03/2022 Detached
24 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £400,000 25/03/2022 Detached
20 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £400,000 21/03/2022 Detached
4 BALDOCKS LANE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1EN £240,000 27/01/2022 Detached
18 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £425,000 19/11/2021 Detached
12 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £415,000 30/09/2021 Detached
11 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £342,000 23/07/2021 Detached
2 IRIS PLACE, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0GS £375,000 07/07/2021 Detached
7 KENNELMORE ROAD, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 0RT £485,000 02/07/2021 Detached

Street average: £298,000 (2 sales)

Area average: £368,575 (20 sales)

Capital growth trend

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

5y growth 2.2%
10y growth 6%

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

1y (index) -1.2%
5y (index) 19.3%
10y (index) 45.1%

Rental Range

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

Low £711/mo
Realistic £790/mo
Optimistic £869/mo

Based on Local Authority from postcode lookup → Melton.

LHA (30th percentile) floor for Leicester: £773/mo (Apr 2025 – Mar 2026)

Location

Address

Brook Lane

Nearby

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

Type Name Distance
Bus stop Memorial Hospital 0.2 miles
Bus stop Baldocks Lane 0.2 miles
Train station Melton Mowbray 0.2 miles
Shop Premier Craven Street Stores 0.2 miles
Shop Hancock 0.2 miles
Train station Central Station 3.4 miles
Hospital Leicester Nuffield Hospital 11.3 miles

Street-level crime

Category Count
Violence and sexual offences 52
Shoplifting 28
Anti-social behaviour 22
Criminal damage and arson 13
Drugs 8
Public order 7
Possession of weapons 4
Vehicle crime 4
Burglary 3
Other theft 2
Bicycle theft 1
Robbery 1
Total incidents 145

Within 1 mile during Apr 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
Saint Francis Catholic Primary School Primary 0.4 miles Good — 12 Jun 2017
Sherard Primary School Primary 0.4 miles Good — 22 Mar 2022
Birch Wood (Melton Area Special School) Other 0.5 miles Good — 13 Jan 2015
Melton Vale Sixth Form College Other 0.6 miles (No rating)
Brownlow Primary School Primary 0.7 miles Good — 10 Oct 2011

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.18%
Max investor price (0.8%) £98,750
Target investor price (1%) £79,000
  • 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).

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