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Dolphin Lane, Melbourn SG8

East of England

£800,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1746 sqft

Description

This 1950s detached house, accompanied by a coach house, is nestled within an expansive garden extending over one-third of an acre that adjoins the River Mel. Offering an exceptional opportunity for investment and renovation, this property presents substantial potential for enhancement or reconfiguration. The existing dwelling features three reception rooms on the ground floor, including a spacious open-plan kitchen/dining area with a utility room and cloakroom access. The entrance hall provides stairs to the first floor, leading to a versatile sitting room with dual aspects alongside a shower room. Upstairs, there are four bedrooms complemented by a family bathroom equipped with both a separate bath and shower. The generous grounds include well-maintained gardens and an array of established trees and shrubs. Notably, the coach house has historically served as a workshop but comes with prior planning permission that highlights its potential for conversion into additional living space subject to local regulations. The property is accessed via a gravelled driveway offering ample parking and features both a single garage and garden shed. Located in the picturesque village of Melbourn in southwest Cambridgeshire, residents benefit from nearby amenities, walks along the river, and excellent transport links to Royston and Cambridge.

Investment Analysis

(SG8 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£458/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£792,920
10% above area average per sq ft
Potential ROI
-10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG8)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -6.2%
5 year growth: -1.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,833
Based on a loan of £600,000 over 30 years at 3.91% 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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