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Raleigh Crescent, Stevenage, Hertfordshire, SG2 0ED

East of England

£500,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached residence presents a promising investment opportunity, particularly with the granted planning permission for an additional two-bedroom detached dwelling on the same plot. The current home features a well-proportioned layout including a kitchen/breakfast room, a spacious lounge/dining area, and a conservatory that is set to be removed upon construction of the new home. Each bedroom benefits from ample natural light, making it suitable for families or potential tenants. The property is conveniently located near reputable schools and essential amenities such as Tesco and Sainsbury's, enhancing its appeal for future occupants. This house not only offers comfortable living space but also the potential for increased value through development. Further details on the planning permissions can be obtained from Stevenage borough council under references 25/00468/FP and 24/00814/FP.

Investment Analysis

(SG2 area)
Area Average
£403/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Raleigh Crescent, Stevenage, Hertfordshire, SG2 0ED
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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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