Old Maltings Approach, Melton, IP12
PO

Old Maltings Approach, Melton, IP12

By Potter's Estate Agents

£ 200,000

Reviews

3 out of 5 stars

Potter's Estate Agents says ..

A fabulous opportunity to purchase this spacious and well maintained first floor apartment within Old Maltings Court, located within an easy walk to Woodbridge town centre.

Property Oracle says ..

The property is located in Melton, East Suffolk, which is a village near Woodbridge. The proximity to Woodbridge offers access to amenities and transportation links, including a train station (Woodbridge station, 0.98km away). The presence of several well-regarded primary schools within a reasonable distance (Woodbridge Primary School, Melton Primary School, St Mary’s Church of England Primary School) also adds to the appeal of the location for families. Based on the provided images, the property appears to be in good condition. The apartment is modern and well-maintained, with a recently updated kitchen and bathroom. There are no visible signs of significant wear and tear or the need for major renovations. The property’s plot size is 0.00 sqft, indicating that it does not have a private garden. However, the images show access to communal green space, which provides some outdoor amenity. The list price of £200,000 for a 650 sqft apartment is relatively high compared to the average price per sqft in the area (£416). Nearby comparable properties (apartments in Old Maltings Approach) are listed at lower prices, ranging from £100,000 to £215,000. Considering the lack of a private garden and the average price per sqft in the area, the asking price may be considered slightly overpriced. However, the modern condition of the apartment and convenient location could justify a higher price than some of the nearby comparables.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
650.00

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
500,000.00 £
Increased by 4.69 %
from 477,596.00 £
Est sale value
271,050.00 £
Increased by 13.93 %
from 237,900.00 £
Average area rental value
1,331.00 £/mo
Decreased by 4.31 %
from 1,391.00 £/mo
Est letting value
650.00 £/mo
Unchanged by 0.00 %
from 650.00 £/mo
Est rental Yield
3.19 %
Decreased by 8.86 %
from 3.50 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Potter's Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodbridge Primary SchoolCommunity SchoolGood0.50 KM
Melton Primary SchoolCommunity SchoolGood1.12 KM
Caterpillar Children'S CentreChildren's Centre1.18 KM
Woodbridge SchoolOther Independent School1.64 KM
St Mary'S Church Of England Primary School, WoodbridgeAcademy ConverterGood1.99 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kingsway £ 000.00 KM
Kingsway £ 165,00000.00 KM
Sutton Close £ 000.00 KM
Turnpike Lane £ 950,00000.00 KM
Deben Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Woodbridge7228WDB0.98 KM
Melton (Suffolk)7221MES1.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Maltings Approach, Melton, IP12 £ 200,000BUY6 / 100.00 KM
Old Maltings Court, Old Maltings Approach, Melton £ 200,000BUY6 / 100.01 KM
Old Maltings Court, Melton, Woodbridge £ 190,000BUY6 / 100.01 KM
Old Maltings Approach, Woodbridge £ 180,000BUYUnknown0.02 KM
Old Maltings Court, Melton, Woodbridge £ 190,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
Firside £ 635,0000.17 KM
Hill House £ 212,8000.17 KM
Sutton Villa £ 295,0000.17 KM
Ash House £ 1,050,0000.17 KM
Lyndean £ 140,0000.17 KM