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Downlands, Stevenage, SG2

East of England

£320,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Semi Detached
Area
670 sqft

Description

This semi-detached two-bedroom home presents a promising opportunity for renovation and modernisation. Located on a generous corner plot in the Chells Manor area of Stevenage, this property is ideal for those looking to add value through thoughtful updates. The kitchen requires modern amenities and styling, while the interior boasts a welcoming lounge, a kitchen/breakfast room, and a bright conservatory that enhances living space. Two comfortable bedrooms and an adequately sized family bathroom complete the home’s layout. The substantial outdoor area includes front and rear gardens, providing ample scope for potential extensions (subject to local planning permissions). Additionally, with a driveway and attached garage, parking is convenient for residents and guests alike. This property is well-situated just off White Way near local amenities and transport links, making it an attractive investment for future owners.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£478/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£332
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£295,574
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SG2)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +0.5%
5 year growth: +13.9%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,142
Based on a loan of £240,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-8.6% since listed
£320,000£5,000(-1.5%)
02/04/2026
Current price
£325,000£25,000(-7.1%)
09/01/2026
£350,000Initial listing
05/10/2025

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