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Ashwell Road, Steeple Morden, Royston

East of England

£425,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This extended three-bedroom semi-detached family home presents a promising investment opportunity within a desirable village setting. While the property requires some updating, it boasts significant potential for further extensions, pending planning permissions. The spacious layout includes a dual-aspect lounge/diner featuring a traditional fireplace, a practical kitchen with built-in appliances, and versatile utility/breakfast room. Each of the three bedrooms offers ample space, making them ripe for modernisation. A cloakroom with shower facilities and a family bathroom are present but could benefit from renovation to enhance comfort and style. Outside, the garden is primarily lawned with seating areas, accompanied by two garages and parking for several vehicles at the front. This home is offered with vacant possession and no onward chain, ideal for those looking to create their dream residence or seeking an investment project in a sought-after locale.

Investment Analysis

(SG8 area)
Area Average
£413/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -4.4%
5 year growth: +3.0%
Investment Disclaimer: Analysis based on SG8 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

Ashwell Road, Steeple Morden, Royston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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