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Chells Way, Stevenage

East of England

£315,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
793 sqft

Description

Presenting a three-bedroom terraced home in a sought-after residential neighbourhood, this property offers considerable potential for renovation and investment. The layout encompasses a fitted kitchen, a spacious lounge, and a family bathroom, alongside a generous rear garden, making it suitable for families looking to add their personal touch. With modernisation needed throughout, this property can be transformed into a comfortable living space that reflects contemporary tastes. Its location provides excellent access to local amenities, quality schools across all age ranges, and convenient transport links to the town centre and the A1M, facilitating travel north and south. The mainline station also enables efficient commuting to London. Available without a chain, this home represents an attractive opportunity for those willing to undertake refurbishment work.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -0.1% below area average per sq ft

-0.1%
Potential saving
This Property
£397/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£337
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£346,739
10% above area average per sq ft
Potential ROI
-3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 1.9%
5 year growth: 18.6%
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

Chells Way, 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
£1,154
Based on a loan of £236,250 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