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Chertsey Rise, Stevenage, Hertfordshire, SG2

East of England

£300,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
840 sqft

Description

This end-of-terrace home, located in the Shephall area of Stevenage, presents an excellent opportunity for renovation and investment. With three spacious bedrooms, this property offers ample room for a family or potential tenants. Upon entering, you will find a welcoming entrance hall that leads into a generous lounge with front-facing views, providing plenty of natural light. The rear of the home features a kitchen/diner equipped with a range of wall and base units, offering significant countertop space that can be customized to suit your needs. A set of doors connects this space to the sizable garden—ideal for outdoor activities or simply relaxing in a private setting. The second floor hosts three well-proportioned bedrooms, each with good potential for personalization and improvements. The bathroom currently serves as a wet room designed for disabled access; however, it is easily adaptable to meet modern standards and preferences. Outside, the property includes a driveway for convenient off-street parking alongside a garage situated at the side. The expansive rear garden has been laid to lawn, providing an excellent foundation for creative landscaping or recreational use. While the home is currently in need of modernization, its layout and features offer numerous possibilities to enhance value through thoughtful renovations. This chain-free property is ideally positioned for those looking to embark on an investment journey in a desirable neighborhood.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£357/sq ft
Area Average
£395/sq ft

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Target Value
£365,119
10% above area average per sq ft
Potential ROI
-2.6%
After renovation
Monthly Sales
20
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +7.0% over the last 12 months
3 year growth: 4.4%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on SG2 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

Chertsey Rise, Stevenage, Hertfordshire, SG2
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