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Mayfield Way, Mendlesham, Stowmarket

East of England

£245,000
Listed on 29/08/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Bucks Property Agents are pleased to present this three-bedroom detached bungalow situated in the tranquil village of Mendlesham, Stowmarket. This property is in need of modernisation, making it an appealing prospect for those looking to invest in renovation opportunities with considerable potential. The bungalow features three bedrooms, a sitting room/diner that offers ample space for relaxation and dining, and practical outside storage options. Additionally, there is a single garage and off-road parking available, enhancing the property's convenience. The home benefits from vacant possession and no upward chain, allowing for a smooth transition for new owners. Nestled in the picturesque Suffolk countryside, this property provides the perfect balance of rural charm while remaining close to local amenities. Within easy reach are a primary school, public house, village store with post office, take-away options, and a GP surgery—all contributing to a vibrant community atmosphere. The area also offers numerous scenic walks for outdoor enthusiasts. As you enter the bungalow through the entrance porch with its inviting full-length window, you will find yourself in the spacious sitting room/diner featuring large windows that bring in natural light. The hallway leads to convenient access to the loft and includes a shelved airing cupboard housing the hot water tank. The kitchen opens into the rear garden and comes equipped with various high and low-level units, accommodating essential appliances such as a cooker and fridge-freezer. Each bedroom offers comfortable living space; two bedrooms feature rear-facing windows while one includes both fitted wardrobe space and a dressing area. The bathroom comprises essential fittings including a bath with shower over, low-level WC, and pedestal basin. Outside, the property boasts a front garden lined with mature shrubs and trees leading up to the entrance. The rear garden is expansive with lawn areas surrounded by established plants along with additional features like a summer house and storage shed accessible via side doors. This bungalow represents an excellent opportunity for those looking to invest in renovations within a charming community context. With thoughtful updates, this home could truly shine while offering both comfort and accessibility in beautiful surroundings. An internal inspection is highly recommended to fully appreciate what this property has to offer.

Investment Analysis

(IP14 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Mayfield Way, Mendlesham, Stowmarket
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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
£897
Based on a loan of £183,750 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