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Franklins Road, Stevenage, Hertfordshire, SG1

East of England

£600,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom bungalow, located in the desirable Old Town area of Stevenage, presents a promising opportunity for renovation and investment. The property is being offered chain-free, providing a straightforward path for prospective buyers looking to make their mark. Upon entering, you are greeted by a hallway leading to a spacious lounge that features garden access through sliding doors, allowing for natural light to fill the space. The kitchen/diner offers a practical layout with ample wall and base units, as well as a breakfast bar, creating potential for modern updates or reconfiguration to enhance functionality and aesthetics. The accommodation includes three bedrooms, two of which are generously sized doubles. The master bedroom benefits from built-in wardrobes, catering to storage needs. The existing bathroom has been adapted into a shower room suited for disabled access, featuring essential amenities including a W/C and wash basin. Additional highlights include an integral garage with potential for conversion into additional living space, subject to local regulations. The property's large frontage offers not only curb appeal but also possibilities for landscaping or expansion projects. The sizeable rear garden is predominantly laid to lawn and framed by trees, providing a serene outdoor space with gated side access leading back to the garage. While the bungalow currently requires modernization, its spacious layout and generous plot size present ample prospects for enhancement and value appreciation. This property is ideally suited for buyers seeking a project with significant potential in one of Stevenage's most sought-after locales.

Investment Analysis

(SG1 area)
Area Average
£378/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Franklins Road, Stevenage, Hertfordshire, 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