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Thirlmere, Stevenage, SG1

East of England

£600,000
Listed on 26/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
1868 sqft

Description

This six-bedroom detached home, situated in the desirable Great Ashby area, offers significant potential for renovation and personalization. With a generous total space of 1,868 square feet spread across three floors, this property can be transformed into a tailored family residence or an investment opportunity. The ground floor welcomes you with a spacious kitchen/diner measuring 26'7" x 8'8", setting the stage for gatherings and family meals. Adjacent to the kitchen is a bright living area that provides ample space for relaxation. The convenience of a ground floor W/C adds to the practicality of daily living. An internal garage presents additional possibilities for conversion into a home office or extra living space, allowing you to adapt the layout to your needs. Moving to the first floor, you'll find four well-proportioned bedrooms along with three bathrooms—ideal for accommodating family members or guests comfortably. This layout maximizes functionality while offering opportunities for updating and personalizing spaces. The top (second) floor houses the master suite, which boasts a vaulted ceiling and an ensuite bathroom. There is also space that could serve as a walk-in wardrobe or be repurposed into a sixth bedroom, creating an inviting private retreat. Outside, the property features a private rear garden and driveway parking. With double glazing and gas central heating already installed, many foundational updates are in place. The location further enhances its appeal due to its proximity to local amenities and schools within Great Ashby. Given its size and configuration, this home holds considerable renovation potential, making it an excellent prospect for buyers looking to invest in real estate with room for growth. Early viewing is advisable to fully appreciate what this substantial property has to offer.

Investment Analysis

(SG1 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£321/sq ft
Area Average
£378/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£775,995
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SG1)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 4.8%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on SG1 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

Thirlmere, Stevenage, SG1
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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
£2,198
Based on a loan of £450,000 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