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Wheatlands, Chells Manor, Stevenage

East of England

£205,000
Listed on 11/11/2025

Property Details

Bedrooms
1
Type
Semi-detached house

Description

This one-bedroom property presents a valuable opportunity for renovation and investment, set within the established Chells Manor development that dates back to the late 1980s and early 1990s. The entrance hallway leads into a functional layout that maximizes space while offering potential for modern updates. The bathroom, though compact, is ready for modernization to enhance appeal and utility. The bedroom features ample dimensions, allowing for creative design possibilities to customize the space according to personal taste or market trends. A notable highlight is the spacious kitchen/lounge area, where thoughtful renovations can transform it into a contemporary open-plan living space, ideal for both entertaining and everyday comfort. Natural light flows through this area, creating an inviting atmosphere. Additionally, the property includes an allocated parking space—an important factor in residential living that adds convenience and value. Located near strong public transport links along White Way, residents will benefit from easy access to various destinations, making this property even more attractive to potential renters or buyers. With its solid structure and established surroundings, this property offers significant potential for those looking to invest in real estate with an eye towards future appreciation through strategic renovations.

Investment Analysis

(SG2 area)
Area Average
£396/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
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

Wheatlands, Chells Manor, Stevenage
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£751
Based on a loan of £153,750 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