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Water Lane, Melbourn SG8

East of England

£435,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
888 sqft

Description

This three-bedroom semi-detached home in the charming village of Melbourn, Cambridgeshire, presents an attractive opportunity for those seeking a property with renovation potential. Situated within walking distance of local amenities, this residence boasts two reception rooms, a kitchen, a cloakroom WC, and three spacious bedrooms, alongside a family bathroom. The generously sized rear garden provides ample space for outdoor improvements or extensions (subject to planning permissions), while the front showcases a pleasant lawn and established borders. Inside, the entrance hallway welcomes you with wood flooring, leading to an open-plan kitchen and dining area—ideal for reconfiguration or modernization—to create contemporary living spaces. Each room offers good dimensions and light-filled views that can be enhanced through thoughtful renovations. The property is also conveniently located near transport links to Royston and Cambridge, enhancing its desirability as an investment.

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