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Chalkdown, Stevenage, Herts , SG2 7BN

East of England

£340,000
Listed on 03/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
710 sqft

Description

This semi-detached house in the peaceful neighborhood of Chalkdown, Stevenage, offers a solid foundation for those looking to invest with renovation potential. Featuring three spacious bedrooms, the property provides ample space for family living or can be transformed to meet modern needs. The reception room welcomes you with its charm and natural light, creating a cozy environment for both relaxation and entertaining. The kitchen/diner is functional yet ready for an update, allowing for personalization that aligns with contemporary design trends. There’s sufficient room for dining and access to the garden, which highlights possibilities for outdoor enhancements. Located in a community-oriented area, this home is conveniently close to local amenities, schools, and parks—ideal attributes for families or investors aiming to attract future tenants. The surrounding environment promotes an active lifestyle with outdoor activities readily available. Upstairs, the layout includes three bedrooms that vary in size but all offer good proportions. The bathroom presents another opportunity for modernization. With some thoughtful renovations, this property could significantly increase in value while also enhancing comfort. Outside, the rear garden offers a patio area and lawn with mature shrubs—a blank canvas that could be developed into a stylish outdoor retreat. Additionally, the garage en bloc provides valuable off-road parking and storage options. This property is an appealing option whether you're considering your first investment or looking to create your next family home in a vibrant part of Hertfordshire. Embrace the potential this semi-detached house offers—your vision can turn it into something special.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +21.0% above area average per sq ft

+21.0%
This Property
£479/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,159
10% above area average per sq ft
Potential ROI
-18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 2.8%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on SG2 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

Chalkdown, Stevenage, Herts , SG2 7BN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,246
Based on a loan of £255,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE