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Shared ownership
1/8

2 bed house for sale Lancers Drive, Melton Mowbray, LE13

Part Buy, Part Rent
£85,000
Newton Fallowell logo

Added on 25/09/2026

50% share · about £170,000 full value
Type
Terraced
Bedrooms
2
Bathrooms
1
Tenure
Leasehold

Key features

  • 50% Shared Ownership
  • Well Presented Terrace House
  • Two Bedrooms
  • Living/Dining Room
  • Fitted Kitchen
  • Cloakroom WC
  • Bathroom
  • Allocated Parking

About this property

This well presented two bedroom terraced house offers an excellent opportunity for those seeking a comfortable and modern home on a 50% shared ownership basis.

The property features a welcoming entrance hall that leads to a spacious living and dining room, providing a versatile space for relaxing and entertaining. The contemporary fitted kitchen is thoughtfully designed with ample storage and workspace, making meal preparation a pleasure. A convenient cloakroom WC is located on the ground floor, adding to the practicality of the layout.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £1,620
  • Band B
    £1,890
  • Band C
    £2,160
  • Band D
    £2,430
  • Band E
    £2,970
  • Band F
    £3,510
  • Band G
    £4,049
  • Band H
    £4,859

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Melton, 2026/27 bills run from £1,620 a year in band A to £4,859 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Melton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Lancers Drive, Melton Mowbray, LE13

Mortgage and stamp duty

Property price £85,000
£43k £128k
Deposit11% £9,000
£0 £85k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
23, Lancers Drive Semi-detachedNov 2025603 sq ft £348/sq ft£210,000
5, Lancers Drive DetachedMay 20251,098 sq ft £273/sq ft£300,000
15, Lancers Drive DetachedFeb 20221,076 sq ft £262/sq ft£282,500
11, Lancers Drive DetachedJul 20181,701 sq ft £212/sq ft£360,000
24, Lancers Drive Flat / maisonetteDec 2017646 sq ft £108/sq ft£69,950
13, Lancers Drive DetachedMar 20171,324 sq ft £211/sq ft£280,000
10, Lancers Drive DetachedFeb 20171,227 sq ft £208/sq ft£255,000
9, Lancers Drive DetachedFeb 20171,755 sq ft £191/sq ft£335,000

All sales on Lancers Drive → All sold prices in Melton Mowbray →

Area insights

The neighbourhood around this property.

Marketed by
Newton Fallowell, Melton Mowbray
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