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Marymead Drive, Stevenage, SG2 8AG

East of England

£350,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
974 sqft

Description

Offering significant potential for improvement, this chain-free family home spans approximately 974 square feet and features a mature garden along with off-road parking. Ideally situated close to schools, shops, and green spaces, this property represents an excellent opportunity for both first-time buyers and seasoned investors looking to enhance value through renovations. The interior layout is traditional but well-suited for modern living. The ground floor comprises a spacious lounge connecting seamlessly to both the kitchen and a conservatory that can serve multiple purposes such as an office, play area, or additional entertainment space. The kitchen boasts ample storage, room for various appliances, and direct access to a decked area for outdoor dining. Upstairs, there are three well-proportioned bedrooms—two spacious doubles and a good-sized single—along with a bathroom outfitted with essential amenities. Notably, the airing cupboard on the landing offers further storage options or could be reconfigured if desired. The exterior features a desirable southeast-facing plot with a block-paved driveway accommodating two vehicles, while the rear garden—mostly laid to lawn—is bordered by mature plants and trees. There’s also space available for sheds or even a summerhouse at the back of the garden, which enjoys shelter from adjacent woodlands. This property’s location is particularly appealing due to its proximity to 'Good' Ofsted-rated schools and various local amenities including supermarkets and parks. For family activities, Stevenage offers diverse options ranging from leisure parks to sports facilities. Commuters will appreciate quick rail links to London King’s Cross within just 24 minutes. With its existing structure providing solid bones for renovation alongside potential scope for extension (subject to planning permission), this home is ideal for those looking to inject their personal style while building equity over time.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£359/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£432,149
10% above area average per sq ft
Potential ROI
+10.8%
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
43%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +2.0%
5 year growth: +18.2%
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

Marymead Drive, Stevenage, SG2 8AG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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