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Chells Way, Stevenage, SG2

East of England

£325,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
897 sqft

Description

This three-bedroom terraced home presents a rare opportunity for those looking to invest in a property with substantial renovation potential. Nestled in a sought-after neighborhood, the house is positioned to the front, ensuring privacy and an unobstructed outlook, making it an appealing choice for families. While the property requires a comprehensive refurbishment, it offers endless possibilities to tailor it into your ideal family residence. The layout includes a front garden that holds the potential to be transformed into off-street parking (subject to necessary approvals). Inside, you'll find an entrance hallway leading into a living room and a kitchen with ample space for dining, which opens onto the rear garden. Upstairs, there are three well-proportioned bedrooms along with a family bathroom. Additionally, access to the loft space allows for potential further development—an attractive consideration for buyers keen on maximizing living space. The location is particularly advantageous, with excellent schooling options nearby, as well as easy access to parks and recreational amenities that enhance family life. Commuters will appreciate that Stevenage Train Station is just a short drive away, providing quick connections to London Kings Cross in approximately 21 minutes. Overall, this property not only invites you to reimagine its potential but also stands as a solid investment in an area known for its family-friendly environment and community spirit.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£362/sq ft
Area Average
£395/sq ft

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£389,895
10% above area average per sq ft
Potential ROI
-4.0%
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

Chells Way, Stevenage, SG2
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