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Downlands, Stevenage, SG2

East of England

£325,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
670 sqft

Description

This two-bedroom semi-detached home, situated on a sizeable corner plot in Chells Manor, presents a noteworthy opportunity for renovation and investment. While the kitchen and some areas of the property would benefit from modern updates, the spacious layout offers a solid foundation for those looking to add their personal touch or enhance its value. Inside, you'll find a welcoming lounge that provides a comfortable gathering space, alongside a kitchen/breakfast room that invites creativity for redesign. The bright conservatory extends the living space, making it ideal for relaxation or indoor gardening. Both bedrooms are well-proportioned, catering to family living or potential rental opportunities. The family bathroom is functional as-is, but could be reimagined to suit modern preferences. One of the standout features of this property is its generous outdoor space. The expansive front and rear gardens not only provide a pleasant environment but also present options for future development—subject to planning permissions. There is an attached garage and driveway, offering ample parking and convenience. Located just off White Way in the desirable Downlands area of Chells Manor, this property enjoys easy access to local amenities and transport links, enhancing its appeal for both homeowners and renters alike. With potential for extensions or modernization (STP), this home represents an exciting prospect for those looking to invest in a growing community while creating lasting value.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +20.3% above area average per sq ft

+20.3%
This Property
£485/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£297,269
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +2.0%
5 year growth: +18.2%
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

Downlands, Stevenage, SG2
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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
£1,172
Based on a loan of £243,750 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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