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Shared ownership
1/12
£250,000
Asking price

2 bed house for sale Melvin Way, Woolpit, Bury St. Edmunds

2 beds 1 bath Semi-detached house
Shared ownership New home Freehold

Added today

About this property

Semi-detached home in Woolpit is ideal for first-time buyers, with no onward chain and shared ownership starting at 25%, upgradable to 100%. It features open-plan living with kitchen, lounge, dining area, cloakroom, 2 bedrooms & bathroom. Off-road parking, south-facing garden with a patio.

Key features

  • No Onward Chain
  • Shared Ownership at 25% & option to purchase at 100% (£250,000)
  • Two Double Bedrooms
  • Open plan living
  • Bathroom & wc
  • Driveway with space for two cars
  • Ideal for first time buyers
  • Quiet cul-de-sac location, close to amenities

Floorplan

Location

Melvin Way, Woolpit, Bury St. Edmunds, IP30 9YX

Council tax
Band D (Approx £2,317/year)

Mortgage and stamp duty

Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in IP30 9YX. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
15, Melvin Way DetachedMar 20251,507 sq ft £285/sq ft£430,000
11, Melvin Way DetachedDec 20241,744 sq ft £338/sq ft£590,000
45, Melvin Way Detached · new buildJul 20241,948 sq ft £287/sq ft£560,000
47, Melvin Way Detached · new buildJun 20241,507 sq ft £352/sq ft£529,995
41, Melvin Way Detached · new buildApr 20241,507 sq ft £315/sq ft£474,995
35, Melvin Way Detached · new buildJan 20241,001 sq ft £332/sq ft£332,495
43, Melvin Way Detached · new buildNov 20231,744 sq ft £356/sq ft£619,995
39, Melvin Way Semi-detached · new buildSept 2023614 sq ft £434/sq ft£266,000

All sales on Melvin Way → All sold prices in Bury St Edmunds →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Bury St Edmunds
12 The Traverse, BURY ST. EDMUNDS, Suffolk
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