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High Street, Melbourn, Royston, SG8

East of England

£260,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
997 sqft

Description

This Grade II listed semi-detached thatched cottage presents a distinctive opportunity for those looking to invest in restoration and renovation. Steeped in history, the property is believed to date back to the early 17th century and has remained within the same family since approximately 1850. With the right vision, this home could be transformed into a remarkable residence that complements its historical significance. The interior showcases a number of period features, including exposed beams and original brickwork, which add to its character. On the ground floor, the property includes two reception rooms—one previously functioning as a tea room—along with a dining area that provides versatile living space. A rear extension houses the kitchen and grants access to the bathroom. Upstairs, you'll find two spacious double bedrooms; one of these includes a large storage cupboard, enhancing practical living. The outdoor space offers additional potential for landscaping or even extending the property (subject to planning permission), making it an enticing blank canvas for creative enhancements. Located in Melbourn—a village that balances rural charm with modern convenience—this cottage benefits from easy access to essential amenities such as shops, pubs, and schools. The local educational institutions are well-regarded, with Melbourn Primary School earning a "Good" rating from Ofsted and Melbourn Village College being a preferred choice for families. Situated just three miles from Royston’s market town and ten miles from Cambridge city center, Melbourn is ideally placed for commuters. Nearby Meldreth and Royston train stations offer efficient transport links, providing quick connections to London King’s Cross in under an hour and regular services into Cambridge within twenty minutes. This property will particularly appeal to buyers with an eye for potential, whether you aim to restore its historic features or explore expansion possibilities. It represents not just a home but an investment in Cambridgeshire's heritage—a rare chance to create something truly special in a thriving community.

Investment Analysis

(SG8 area)

Below Market Value

This property is priced -36.7% below area average per sq ft

-36.7%
Potential saving
This Property
£261/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£452,005
10% above area average per sq ft
Potential ROI
+32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -3.8%
5 year growth: 1.9%
Investment Disclaimer: Analysis based on SG8 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

High Street, Melbourn, Royston, SG8
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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
£952
Based on a loan of £195,000 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