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Dolphin Lane, Melbourn, SG8

East of England

£800,000
Listed on 13/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1746 sqft

Description

This 1950s detached home in Melbourn presents a unique opportunity for renovation and investment. Set within expansive gardens that extend to nearly 0.4 acres and bordering the picturesque River Mel, this property boasts significant potential for enhancement. An old coach house on the grounds has previously received planning permission for conversion into additional living space, making it an attractive asset for those looking to expand their accommodation options (subject to necessary consents). The interior features three reception rooms, highlighted by an open-plan kitchen/dining area with a utility room and convenient access to a cloakroom W.C. The main entrance leads into a spacious hall with stairs leading to the first floor, which accommodates four bedrooms and a family bathroom equipped with both a bath and shower. A versatile sitting room on the ground floor benefits from natural light through its dual aspect windows. Outside, the property is set back from the lane with a gravel driveway enabling ample off-road parking. The front and rear gardens are well-established, offering a mix of greenery including trees and shrubs, along with an inviting paved patio area perfect for outdoor dining during warmer months. Melbourn is known for its charm, located just miles from Royston and Cambridge, providing easy access to local amenities, schools, and transport links including nearby train stations connecting to London Kings Cross. With its rich history and community spirit, this village setting enhances the property's appeal as a long-term investment or family home requiring modernisation.

Investment Analysis

(SG8 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£458/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£794,072
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -4.4%
5 year growth: +3.0%
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

Dolphin Lane, Melbourn, SG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,885
Based on a loan of £600,000 over 30 years at 4.06% 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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