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Wavell Close, Stewartby

South East

£300,000
Listed on 02/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1496 sqft

Description

Nestled in a promising area of Stewartby, this substantial four-bedroom property offers significant renovation and investment potential. Situated not far from the anticipated Universal Studios site, the location is poised for growth, making it an attractive prospect for buyers looking to capitalize on future developments while enjoying a spacious family environment. The property features a welcoming entrance hall that leads to various ground-floor living spaces. The sitting/dining room is generously sized with dual aspects that allow natural light to fill the area, highlighting the character provided by exposed floor timbers and a classic fireplace. The kitchen/breakfast room offers a functional layout with ample storage, making it ripe for modern updates that could enhance its appeal. A unique aspect of this home is the inclusion of both a rear lobby and a wet room on the ground floor. These spaces provide practicality and convenience, particularly for families or those who may wish to convert areas into home offices or additional living spaces. Upstairs, the landing serves as a central hub providing access to three well-proportioned bedrooms, each showcasing features like fitted wardrobes and picture rails that echo the home's traditional charm. The attic room stands out with its vaulted ceiling adorned with skylights, creating an airy atmosphere that could be transformed into an inviting master suite or creative space. The outdoor areas offer additional opportunities for personalization. An enclosed courtyard garden provides privacy while facilitating low-maintenance landscaping. Meanwhile, the front and side gardens are adorned with mature shrubs and trees, presenting options for further enhancement. With no upper chain attached to this property, buyers have the chance to dive into a project with vision and creativity. Whether your intention is to create your ideal family residence or tap into the rental market due to its prime location near future attractions, this house represents a notable opportunity in Stewartby awaiting transformation.

Investment Analysis

(MK43 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£201/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Target Value
£600,726
10% above area average per sq ft
Potential ROI
+60.2%
After renovation
Monthly Sales
20
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (MK43)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 0.2%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on MK43 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Wavell Close, Stewartby
Map showing location of Wavell Close, Stewartby
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