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5 bed character property for sale Potter Street, Melbourne, DE73

Offers over

£650,000

Added on 17/10/2026

Type: Character property
Bedrooms: 5
Bathrooms: 3
Size: £319 per sq ft
Tenure: Freehold

Key features

Substantial 2039 sq ft family home.
Five bedrooms-two with ensuites
Three reception rooms plus basement cinema room.
Spacious high spec living kitchen with integrated appliances.
Private courtyard garden to rear.
Very heart of Melbourne location
Wealth of characterful features throughout.
Versatile living accommodation.

About this property

The Old Bakehouse is a substantial 2039 sq ft five bedroom family home with a wealth of characterful features and situated in the very heart of Melbourne village.The property, formerly a bakery in 1896 has been extended and sympathetically renovated by the current owners to provide high specification living accommodation and offers versatile accommodation briefly comprising, to the ground floor:- Entrance hall, snug, sitting room, dining room, high spec living kitchen with integrated appliances and a stunning vaulted basement room suitable for a variety of purposes. To the first floor is a substantial guest suite with ensuite and private access staircase, off the second staircase is a large landing/reading area,two further bedrooms and family bathroom.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,612
Band B

£1,881
Band C

£2,150
Band D

£2,418
Band E

£2,956
Band F

£3,493
Band G

£4,030
Band H

£4,836

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In North West Leicestershire, 2026/27 bills run from £1,612 a year in band A to £4,836 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across North West Leicestershire, 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.

Price guide

This home (approx.)

£319 / sq ft

Area average (sold)

£300 / sq ft

Price per area, sold homes nearby

£226 / sq ft

£319 / sq ft

£371 / sq ft

Lowest

This home

Highest

About £319 per sq ft, above the middle of recent sales in DE73 (£226–£371, 10th–90th percentile, 640 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 640 homes sold in DE73 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in DE73 →

Location

Potter Street, Melbourne, DE73

Open map Street View

Mortgage and stamp duty

Property price £650,000

£325k £975k

Deposit10% £65,000

£0 £650k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £585,000 mortgage. Most lenders would want a household income of about £130,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
21, Potter Street Terraced	Terraced	Jul 2025	657 sq ft £335/sq ft	657 sq ft	£335	£220,000
5, Potter Street Terraced	Terraced	Oct 2024	829 sq ft £320/sq ft	829 sq ft	£320	£265,000
33, Potter Street Detached	Detached	Mar 2024	1,109 sq ft £298/sq ft	1,109 sq ft	£298	£330,000
21, Potter Street Terraced	Terraced	Jun 2020	657 sq ft £268/sq ft	657 sq ft	£268	£176,000
21, Potter Street Terraced	Terraced	Jul 2019	657 sq ft £259/sq ft	657 sq ft	£259	£170,000
21, Potter Street Terraced	Terraced	Jun 2018	657 sq ft £213/sq ft	657 sq ft	£213	£140,000
45, Potter Street Detached	Detached	Sept 2016	2,045 sq ft £354/sq ft	2,045 sq ft	£354	£725,000
29, Potter Street Terraced	Terraced	Jul 2016	1,184 sq ft £308/sq ft	1,184 sq ft	£308	£365,000