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
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Metrics Year-on-Year
- Average area value
- 493,441.00 £Increased by 6.32 %
- Est sale value
- 647,960.20 £Decreased by 17.82 %
- Average area rental value
- 1,008.00 £/moDecreased by 18.84 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 2.45 %Decreased by 23.68 %
- Crime Rate
- 242.00 %Unchanged by 0.00 %
Agent Activity
Lacy Scott & Knight created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mendlesham Primary School | Academy Converter | Good | 0.13 KM |
| Wetheringsett Church Of England Primary School | Academy Converter | 3.98 KM | |
| Wetheringsett Manor School | Other Independent Special School | 4.52 KM | |
| Gislingham Church Of England Primary School | Academy Converter | 7.52 KM | |
| Freeman Community Primary School | Academy Converter | 7.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Sidings | £ 260,000 | 0 | 0.00 KM |
| Chapel Road | £ 0 | 0 | 0.00 KM |
| Water Run Cottage | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Old Station Road, Mendlesham, Stowmarket, Suffolk, IP14 | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| Schools Close, Mendlesham, IP14 5UQ | £ 99,000 | BUY | 7 / 10 | 0.12 KM |
| Mendlesham, Suffolk | £ 900,000 | BUY | Unknown | 0.15 KM |
| Glebe Way, Mendlesham, Stowmarket, Suffolk, IP14 | £ 240,000 | BUY | 6 / 10 | 0.15 KM |
| The Sidings, Mendlesham, IP14 5TS | £ 289,995 | BUY | Unknown | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Glebe Way | £ 297,500 | 0.18 KM |
| 6 Glebe Way | £ 258,000 | 0.18 KM |
| 21 Glebe Way | £ 280,000 | 0.18 KM |
| 34 Glebe Way | £ 247,000 | 0.18 KM |
| 3 Glebe Way | £ 310,000 | 0.18 KM |