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Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 1
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Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 7
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Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 10
Debenham Road, Mickfield, Stowmarket, Suffolk, IP14 - Image 11

Debenham Road, Mickfield, Stowmarket, Suffolk, IP14

East of England

£550,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2127 sqft

Description

Nestled in the charming village of Mickfield, this three-bedroom detached home presents a unique opportunity for renovation and investment. Located just a short drive from the market town of Stowmarket, the property has undergone partial renovations, allowing prospective buyers to bring their vision to life by completing the work according to their preferences. The residence features two spacious 32ft rooms that span from the front to the back. The ground-floor area is primed for transformation into an inviting open-plan kitchen, living, and dining space, perfect for modern family living. Meanwhile, the first-floor room has the potential to become an impressive master suite, complete with a Juliet balcony, walk-in dressing room, and en-suite bathroom. While some areas—such as the lounge, kitchen, two bedrooms, and first-floor bathroom—are already finished and livable, other sections await your creative touch. Set on approximately 0.3 acres (subject to survey), 'Eureka House' offers ample outdoor space with a landscaped front garden, off-road parking for multiple vehicles, and a sizable rear garden that could serve as an ideal foundation for further enhancements. Additionally, active planning permission has been granted for a garage and a two-storey extension at the rear of the property. This expansion includes plans for two more bedrooms with en-suites and a large open-plan kitchen/dining/living area complemented by a single-storey sunroom—making it an excellent prospect for both families seeking more space and investors eyeing rental potential. Mickfield itself boasts advantageous proximity to key transport routes; it is approximately three miles from Debenham, eight miles from Stowmarket, and fourteen miles from Ipswich. Easy access to the A140 and A14 highways enhances connectivity while nearby mainline railway stations at Stowmarket and Ipswich facilitate convenient commutes to Liverpool Street Station. Those who appreciate rural charm will also enjoy beautiful countryside walks in the area. In summary, this property not only offers immediate living space but also holds significant potential for expansion and customization in a desirable location—making it an appealing choice for buyers interested in creating their dream home or investing in a valuable asset.

Investment Analysis

(IP14 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£259/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£713,842
10% above area average per sq ft
Potential ROI
+9.8%
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