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Station Road, Melton IP12

East of England

£350,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Link Detached
Area
1023 sqft

Description

This link-detached barn conversion offers a unique opportunity for prospective buyers looking to invest in a property with potential for enhancement. Set back from the road and with no onward chain, the residence presents a canvas for updates while maintaining well-sized living spaces, including a garage and driveway parking, along with a private rear garden. The dual-level layout provides spacious accommodation, particularly in the lounge diner that opens directly onto the garden—ideal for entertaining or modern family life. The kitchen breakfast room has essential fixtures but is ready for modernization to meet contemporary standards. On the first floor, the three bedrooms offer good dimensions and versatility, although they would benefit from refreshing décor and perhaps reconfiguration to maximize space. The bathroom, too, is functional but dated, making it an area ripe for improvement. Externally, the property’s shingled driveway accommodates two vehicles and leads to a garage equipped with power—a practical addition that adds to everyday convenience. The well-established rear garden is predominantly laid to lawn and bordered by mature greenery, providing privacy while suggesting possibilities for landscaping enhancements. Located conveniently near Woodbridge yet nestled in a quiet village setting, this property allows easy access to local amenities, public transport links, and beautiful outdoor spaces along the River Deben. With ample scope for personal touches and improvements throughout, this home is perfect for those looking to add value in an appealing location.

Investment Analysis

(IP12 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£342/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£401,057
10% above area average per sq ft
Potential ROI
+2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP12)

Area prices are stable by -0.7% over the last 12 months
3 year growth: -8.9%
5 year growth: -1.7%
Investment Disclaimer: Analysis based on IP12 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

Station Road, Melton IP12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-6.7% since listed
£350,000£25,000(-6.7%)
09/04/2026
Current price
£375,000Initial listing
16/03/2026

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