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School Lane, Little Melton

East of England

£699,000
Listed on 29/12/2025

Property Details

Bedrooms
6
Type
Detached
Area
2809 sqft

Description

This distinctive detached period residence presents a remarkable opportunity for those looking to invest in a property with significant renovation potential. Spanning two floors, the home features six bedrooms and multiple reception areas, making it a versatile choice for family living. The ground floor boasts an expansive open-plan kitchen/diner with central island that connects seamlessly to the garden, alongside a formal lounge and cozy sitting room, both enhanced by charming feature fireplaces. A dedicated office space and conservatory provide additional options for modern living needs. Upstairs, the main bedroom suite is complemented by a dressing room and private bathroom, while additional bathrooms cater to the other five bedrooms. Set within approximately 0.4 acres of south-facing grounds, this property offers limitless potential for outdoor enjoyment. The elegant facade is matched by a spacious driveway accommodating numerous vehicles, while characterful outbuildings—including cart sheds—provide exciting possibilities for conversion (subject to planning permissions). The expansive rear garden invites creativity with mature planting, vegetable patches, and tranquil seating areas. Whether you're interested in maintaining its historical charm or modernising it to suit contemporary tastes, this property provides ample space and flexibility to realise your vision.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -20.4% below area average per sq ft

-20.4%
Potential saving
This Property
£249/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£965,903
10% above area average per sq ft
Potential ROI
+17.9%
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
9%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on NR9 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

School Lane, Little Melton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,476
Based on a loan of £524,250 over 30 years at 3.91% 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.

Price History

-3.6% since listed
£699,000£1,000(-0.1%)
16/01/2026
Current price
£700,000£25,000(-3.4%)
16/10/2025
£725,000Initial listing
02/10/2025

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