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The Woodlands, Melbourne

East Midlands

£430,000

Listed on 03/07/2026

Property details

Bedrooms
4
Type
Detached House
Area
1194 sqft

Description

This four-bedroom detached family home occupies a substantial corner plot, presenting significant opportunities for renovation and expansion, subject to obtaining the necessary planning permissions. The property features ample outdoor space with generous gardens and off-road parking available at both the front and rear as well as a large garage/workshop equipped with power and lighting. Inside, you will find well-proportioned living areas, including two reception rooms and a breakfast kitchen that could benefit from modern updates. The property is also enhanced by solar panels, gas central heating, and UPVC double glazing which contribute to energy efficiency. The ground floor layout includes a welcoming entrance hall leading to a spacious lounge with dual aspects, featuring French doors that open onto the rear garden – ideal for families seeking natural light. The additional reception room offers versatility; it could serve as a dining area or home office space. Upstairs are four bedrooms of varying sizes, with potential to reconfigure these spaces or improve their finishes to suit modern tastes. With its expansive corner plot offering great light conditions and possibilities for development, this property is an exciting prospect for investors or families looking to create their dream home through thoughtful renovations.

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Investment analysis

(DE73 area)

Above Market Value

This property is priced +18.0% above area average per sq ft

+18.0%
This Property
£360/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£400,981
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DE73)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on DE73 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

The Woodlands, Melbourne
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,624
Based on a loan of £322,500 over 30 years at 4.45% 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.

Stamp duty calculator

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