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Water Lane, Melbourn, SG8

East of England

£435,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
888 sqft

Description

This semi-detached 3-bedroom family residence is nestled in the charming village of Melbourn, Cambridgeshire. With a short stroll to local amenities and excellent transport links, this property presents a prime opportunity for renovation and personalisation. The house features two spacious reception areas, a functional kitchen with ample storage, and three generously-sized bedrooms. The family bathroom is equipped with essential fixtures, while the cloakroom WC adds convenience. The large enclosed rear garden is a blank canvas, offering abundant potential for landscaping or extension (subject to planning permissions). The inviting front garden enhances the property's curb appeal and accessibility with gated side access. The interior boasts wood flooring throughout much of the ground floor, providing a solid foundation for modernising efforts. This home’s overall layout and generous garden space provide an ideal setting for those looking to invest in renovations that could significantly increase its value in this desirable area.

Investment Analysis

(SG8 area)

Above Market Value

This property is priced +18.9% above area average per sq ft

+18.9%
This Property
£490/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£402,588
10% above area average per sq ft
Potential ROI
-15.2%
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

Water Lane, Melbourn, 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
£1,594
Based on a loan of £326,250 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