Sold Flat

APARTMENT 20

CATHERINE PLACE, PINE GARDENS, MELTON MOWBRAY, LEICESTERSHIRE LE13 1FH

2 beds 2 baths Listed 31 Jan 2023 (-1219d)

£230,000

Reduced on 4 Sep 2024

Save

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Property details

Tenure

LEASEHOLD

Council tax band

C

Last sold

£220,000 Feb 2025

Local average

£150,500 (+52.8%)

Deprivation

Decile 8 (25,215 of 33,755)

Street crime

153 incidents within 1 mile (Mar 2026)

Key features

  • **6 months service charge included**
  • Bright and spacious living room with a Juliet balcony and garden views
  • Modern kitchen with built in appliances
  • Master bedroom with walk-in wardrobe and ensuite shower room
  • Second bedroom and guest shower room
  • House Manager
  • Communal Lounge
  • Landscaped gardens and close to all amenities
  • Guest suite for family and friends
  • Video door entry system which is linked to the TV

Additional details

Parking
Yes
Garden
Yes

Description

SUPERBLY PRESENTED retirement apartment with a bright and spacious living room with a JULIET BALCONY enjoying GARDEN VIEWS. Master bedroom with a WALK - IN WARDROBE and ENSUITE BATHROOM, further double bedroom and a CONTEMPORARY GUEST SHOWER ROOM.
The development offers EXCELLENT COMMUNAL FACILITIES including landscaped gardens and a communal lounge where SOCIAL EVENTS take place.
6 months service charge included

Catherine Place offers safe, secure, luxurious and low maintenance retirement homes, exclusive to the over the 60s. You’ll 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’ll benefit from a 24-hour emergency call system, intruder alarms, fire detection and door camera entry, so you can see who it is before answering the door - as well as the reassurance of a manager onsite in office hours.

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.
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’ll 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 - 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, both bedrooms, shower room.

Living Room - Bright and spacious living room with double glazed door leading to a Juliet balcony with views over the communal grounds. Fitted carpets and curtains, two ceiling lights, raised height sockets.

Kitchen - Fitted with a range of modern high gloss kitchen units, drawers. Integrated fridge freezer. Built in electric oven. Four ringed ceramic hob with extractor hood. Black composite sink with mixer taps sits beneath an auto opening, double glazed window. Range of power sockets, ceiling and under pelmet lighting.

Master Bedroom - The master bedroom benefits from an en-suite and walk-in wardrobe fitted with hanging space and shelving units.

Ensuite 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.

Bedroom Two - This spacious second bedroom could be used as an ideal space for guests or quiet study room.

Guest 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.

Service Charge (Breakdown) - •Cleaning of communal windows
•Water rates for communal areas
•Electricity, heating, lighting and power to communal areas
•24-hour emergency call system
•Upkeep of gardens and grounds
•Repairs and maintenance to the interior and exterior communal areas
•Contingency fund including internal and external redecoration of communal areas
•Buildings insurance

The Service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager, your water rates, our 24-hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening. To find out more about the service charges please contact your Property Consultant or House Manager.

Service charge: £4,025.96 for financial year ending 28/02/2025.

Ground Rent - Ground rent: £495 per annum.
Ground rent review: 1st Jan 2034.
Lease term: 999 years from Jan 2021

Additional Information & Services - • Ultrafast Full Fibre Broadband available
• Mains water and electricity
• Electric room heating
• Mains drainage

Car Parking - Parking Space available to purchase, if required.

Listed by

Bournemouth

McCarthy & Stone Management Services

Reference: 131243687

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

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EPC Graphs

EE Rating

EE Rating

Price history

-15% since 2021

Event Date Price % change
Sold 14/02/2025 (1 year ago) £220,000 -15.4%
Sold 28/10/2021 (4 years ago) £259,950

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
CATHERINE PLACE APARTMENT 44 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £307,495 29/02/2024 Flat
CATHERINE PLACE APARTMENT 25 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £195,800 29/11/2023 Flat
CATHERINE PLACE APARTMENT 27 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £175,940 25/07/2023 Flat
CATHERINE PLACE APARTMENT 32 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £130,265 25/07/2023 Flat
CATHERINE PLACE APARTMENT 43 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £136,018 25/07/2023 Flat
CATHERINE PLACE APARTMENT 9 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £135,442 25/07/2023 Flat
CATHERINE PLACE APARTMENT 16 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £182,268 25/07/2023 Flat
9 DE MONTFORT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1JB £127,000 23/02/2023 Flat
CATHERINE PLACE APARTMENT 47 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £127,620 21/11/2022 Flat
23 YEW TREE CRESCENT, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1LN £230,000 28/10/2022 Flat
CATHERINE PLACE APARTMENT 35 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £234,950 28/10/2022 Flat
CATHERINE PLACE APARTMENT 34 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £302,950 30/09/2022 Flat
CATHERINE PLACE APARTMENT 33 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £302,950 16/09/2022 Flat
CATHERINE PLACE APARTMENT 1 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £219,950 19/08/2022 Flat
CATHERINE PLACE APARTMENT 12 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £234,450 29/07/2022 Flat
CATHERINE PLACE APARTMENT 15 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £217,450 29/07/2022 Flat
CATHERINE PLACE APARTMENT 5 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £303,450 29/07/2022 Flat
CATHERINE PLACE APARTMENT 31 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £222,450 01/07/2022 Flat
CATHERINE PLACE APARTMENT 42 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £215,782 28/06/2022 Flat
CATHERINE PLACE APARTMENT 38 PINE GARDENS, MELTON MOWBRAY, MELTON, LEICESTERSHIRE, LE13 1FH £263,505 28/06/2022 Flat

Area average: £213,287 (20 sales)

Capital growth trend

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

5y growth -0.5%
10y growth 21.3%

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

1y (index) -5.9%
5y (index) 6.1%
10y (index) 29.6%

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: £648/mo (Apr 2025 – Mar 2026)

Location

Address

104 Scalford Road

Nearby

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

Type Name Distance
Bus stop Newport Avenue 0.1 miles
Shop St John's Convenience Store 0.1 miles
Bus stop Wycliffe Avenue 0.2 miles
Shop The Co-operative Funeralcare 0.2 miles
Hospital St Mary's Hospital 0.6 miles
Train station Melton Mowbray 0.8 miles
Train station Central Station 3.8 miles
Hospital Rutland Memorial Hospital 9.4 miles
University Harlaxton College 11.7 miles

Street-level crime

Category Count
Violence and sexual offences 48
Shoplifting 31
Anti-social behaviour 23
Criminal damage and arson 13
Public order 11
Possession of weapons 9
Drugs 6
Other theft 5
Other crime 3
Bicycle theft 2
Burglary 1
Vehicle crime 1
Total incidents 153

Within 1 mile during Mar 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
The Grove Primary School Primary 0.5 miles Good — 13 Feb 2023
Brownlow Primary School Primary 0.5 miles Good — 10 Oct 2011
John Ferneley College Secondary 0.6 miles Requires improvement — 21 May 2024
St Mary's Church of England Primary School Primary 0.8 miles Good — 18 Jun 2019
Saint Francis Catholic Primary School Primary 0.9 miles Good — 12 Jun 2017

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, Richard Close, LE13 £795/mo 2 0.71 miles OpenRent

Average rent: £795/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.35%
Max investor price (0.8%) £99,375
Target investor price (1%) £79,500
Gross yield 4.1%
Cost-to-rent ratio 24.1×
Monthly cashflow £-215/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.9%
  • 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).