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Nodes Drive, Stevenage

East of England

£325,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
990 sqft

Description

This end terrace home, situated in the desirable Broadwater area of Stevenage, presents a unique opportunity for renovation and investment. Although the property requires some cosmetic updates, its solid structure and spacious layout offer an excellent foundation for those looking to customize their living space or enhance its market value. Inside, the generous dining hallway welcomes you upon entry, leading to a sizable living room that features a charming fireplace and ample natural light from the front-facing window. The kitchen/breakfast room is particularly expansive, with enough space for future modifications—perfect for buyers who envision creating an open-plan cooking and dining area that opens directly onto the garden. The first floor accommodates three well-proportioned bedrooms, each equipped with built-in storage options. These spaces can easily be reimagined to suit personal needs or tastes. The family bathroom is also functional but would benefit from modernizing, providing another opportunity to add value. Externally, the property boasts a substantial rear garden that is fully enclosed, making it ideal for outdoor activities or potential extensions (subject to planning permission). The front of the house includes a manageable lawn area and driveway parking sufficient for two vehicles. Located in Broadwater, residents will enjoy access to local amenities and transportation links while being part of a friendly community. This property presents not only a comfortable home but also promising investment potential in an area where demand continues to grow. Whether you're looking for a project or a long-term hold, this could be the right fit for you.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£328/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£431,081
10% above area average per sq ft
Potential ROI
+25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 2.8%
5 year growth: 19.1%
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

Nodes Drive, Stevenage
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE