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Melford Road, Stowmarket, IP14 - Image 1
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Melford Road, Stowmarket, IP14

East of England

£250,000
Listed on 09/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
969 sqft

Description

This two-bedroom detached bungalow presents a solid opportunity for renovation and investment, situated conveniently close to the amenities of Stowmarket town centre. The property boasts two double bedrooms, each with built-in wardrobes, offering comfortable living spaces that can be modernized to fit contemporary tastes. The open-plan living and dining area is generously sized, with ample natural light pouring in through UPVC double glazed windows and a sliding door leading to a conservatory. This sunlit addition provides an inviting transition to the rear garden, which features a combination of patio and grass areas—ideal for outdoor gatherings or gardening enthusiasts seeking a blank canvas. The kitchen includes under-counter and overhead cupboards for functional storage, alongside space for essential appliances such as a washing machine and dishwasher. A side door leads directly to the garden, enhancing convenience when entertaining outdoors. The bathroom comprises a three-piece suite with a spacious double-length shower and vanity wash basin, while floor-to-ceiling tiles add an element of practicality. This area also requires updating but offers potential for improvement. Outside, the generous front garden features both grass and paved areas that allow for off-road parking and easy access to the garage, equipped with power and lighting. The rear garden's varied landscape presents an exciting opportunity for landscaping projects or simply creating personal outdoor space. Positioned near key transport links including the A14 and Stowmarket train station, this property not only offers easy connectivity but also has significant potential as an investment in an area poised for growth. While the home may need some modernization throughout, it allows prospective buyers to truly make it their own, tailoring every aspect to their personal preference.

Investment Analysis

(IP14 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£258/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£326,272
10% above area average per sq ft
Potential ROI
+12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP14)

Area prices are falling by +3.6% over the last 12 months
3 year growth: -3.6%
5 year growth: 13.8%
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.

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Location

Melford Road, Stowmarket, IP14
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