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Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 1
Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 2
Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 3
Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 4
Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 5

Debenham Road, Mickfield, Stowmarket, Suffolk, IP14

East of England

£550,000
Listed on 23/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1420 sqft

Description

Nestled in the desirable village of Mickfield, this four-bedroom detached home presents a remarkable opportunity for renovation enthusiasts. While already partially updated, significant potential remains for finishing touches tailored to your vision. The expansive ground floor offers a 32ft space perfect for transforming into an open plan kitchen, living, and dining area. Additionally, the first floor features another spacious 32ft room ideal for creating a luxurious master suite with a Juliet balcony, walk-in dressing room, and en-suite facilities. Current renovations include a finished lounge, kitchen, two bedrooms, and a first-floor bathroom allowing immediate occupation while you complete the project. Set on approximately 0.3 acres (subject to survey), 'Eureka House' boasts 2,127 sq ft of living space alongside landscaped gardens and ample off-road parking. Planning permission is actively in place for an extensive rear two-storey extension that will introduce two more bedrooms with en-suites and an expansive open-plan kitchen/dining/living area along with a sunroom—ideal for enhancing the home's appeal and value. This location provides easy access to major roadways and nearby market towns while being surrounded by stunning countryside.

Investment Analysis

(IP14 area)

Above Market Value

This property is priced +26.9% above area average per sq ft

+26.9%
This Property
£387/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£476,566
10% above area average per sq ft
Potential ROI
-24.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP14)

Area prices are falling by +4.8% over the last 12 months
3 year growth: -4.6%
5 year growth: 10.5%
Investment Disclaimer: Analysis based on IP14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Debenham Road, Mickfield, Stowmarket, Suffolk, IP14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE