Old Station Road, Mendlesham, Stowmarket, Suffolk, IP14
LA

Old Station Road, Mendlesham, Stowmarket, Suffolk, IP14

By Lacy Scott & Knight

£ 250,000

Reviews

2 out of 5 stars

Lacy Scott & Knight says ..

A former school building with potential for other uses STPP. The Gross Internal Area of the property is approximately 200.45 sqm (2,158 sqft). The property is located in the village of Mendlesham.

Property Oracle says ..

This property presents a unique opportunity for buyers willing to undertake a substantial renovation project. Located in the desirable village of Mendlesham, Suffolk, the building, a former village hall, offers a large footprint of approximately 1,825 sq ft. The photos reveal the property is in significant disrepair. Boarded windows, damaged interior walls and ceilings, and a generally dilapidated exterior are evident. The absence of bedrooms and bathrooms indicates that complete internal restructuring and installation of modern fixtures and fittings will be essential before the property becomes habitable. The site does include some adjacent outdoor space, but this is relatively limited, and largely comprises of hard-standing, rather than a garden. While the current condition significantly affects the property’s immediate value, its size and location in Mendlesham could offer potential for a considerable return on investment after a thorough refurbishment. Prospective purchasers should be aware of the very considerable costs associated with a complete renovation and factor these into their overall budget.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
1,825.24

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
493,441.00 £
Increased by 6.32 %
from 464,109.00 £
Est sale value
647,960.20 £
Decreased by 17.82 %
from 788,503.68 £
Average area rental value
1,008.00 £/mo
Decreased by 18.84 %
from 1,242.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,825.24 £/mo
Est rental Yield
2.45 %
Decreased by 23.68 %
from 3.21 %
Crime Rate
242.00 %
Unchanged by 0.00 %
from 242.00 %

Agent Activity

  • Lacy Scott & Knight created the listing.

Nearby Schools

NameTypeOfstedDistance
Mendlesham Primary SchoolAcademy ConverterGood0.13 KM
Wetheringsett Church Of England Primary SchoolAcademy Converter3.98 KM
Wetheringsett Manor SchoolOther Independent Special School4.52 KM
Gislingham Church Of England Primary SchoolAcademy Converter7.52 KM
Freeman Community Primary SchoolAcademy Converter7.54 KM

Images

Front Elevation Main Hall Main Hall Hall 2 Hall 3 Hall 3 Kitchen Utility Rear Elevation Side Elevation Front Elevation Side Elevation Side Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
The Sidings £ 260,00000.00 KM
Chapel Road £ 000.00 KM
Water Run Cottage £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Station Road, Mendlesham, Stowmarket, Suffolk, IP14 £ 250,000BUY5 / 100.00 KM
Schools Close, Mendlesham, IP14 5UQ £ 99,000BUY7 / 100.12 KM
Mendlesham, Suffolk £ 900,000BUYUnknown0.15 KM
Glebe Way, Mendlesham, Stowmarket, Suffolk, IP14 £ 240,000BUY6 / 100.15 KM
The Sidings, Mendlesham, IP14 5TS £ 289,995BUYUnknown0.21 KM

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AddressPriceDistance
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21 Glebe Way £ 280,0000.18 KM
34 Glebe Way £ 247,0000.18 KM
3 Glebe Way £ 310,0000.18 KM