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Fallowfield, Stevenage

East of England

£335,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
797 sqft

Description

Nestled in the Shephall area of Stevenage, this terraced home presents an opportunity for both family living and investment potential. The property boasts three spacious bedrooms, making it suitable for a range of buyers, from families to investors looking to enhance their portfolio. Noteworthy features include replacement triple-glazed windows and doors throughout, which improve energy efficiency and noise insulation. The generous dual-aspect living and dining room is well-lit and provides a comfortable space for relaxation or entertaining. The fitted kitchen, with its practical layout, includes ample storage with eye-level and base units, as well as essential connections for modern appliances. It opens directly to the landscaped rear garden through triple-glazed doors, allowing easy access for outdoor enjoyment. On the first floor, you will find three well-sized bedrooms – each equipped with built-in storage solutions – along with a bathroom featuring a separate WC. This layout is ideal for families or could be reconfigured to create additional value through modernization or expansion. Externally, the property features a beautifully landscaped rear garden that is fully enclosed by timber fencing and brick walls. It includes several distinct areas such as a paved seating space, artificial lawn, and raised flower beds, making it perfect for outdoor gatherings or leisurely afternoons. Additionally, there is driveway parking available for two vehicles at the front. Significantly enhancing its appeal is the granted planning permission (Ref: 25/00208/FPH) for a single-storey rear extension by Stevenage Borough Council. This allows for potential expansion of living space or increased rental income opportunities – an attractive feature for future modifications. Overall, this property offers solid foundations in terms of location proximity to schools, parks, and shopping amenities while presenting significant renovation and investment possibilities that can meet varied lifestyle needs or financial goals.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +6.4% above area average per sq ft

+6.4%
This Property
£420/sq ft
Area Average
£395/sq ft

Renovation Potential

Est. Renovation Cost
£33,500 - £83,750
10-25% of property value
Target Value
£346,428
10% above area average per sq ft
Potential ROI
-17.3%
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

Fallowfield, Stevenage
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