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Drakes Drive, Stevenage, Hertfordshire, SG2

East of England

£325,000

Listed on 25/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
385 sqft

Description

This two-bedroom end of terrace house presents a remarkable opportunity for buyers eager to personalize and enhance their living space. Situated on a desirable corner plot, the property features a spacious rear garden that is primed for outdoor entertaining or potential expansion, subject to planning consent. Located in the well-regarded Chells area, known for its family-oriented environment and convenient access to local amenities, this chain-free home is ready for its next owner to unlock its full potential. Upon entering, you will find a generously sized reception room filled with natural light, providing a welcoming atmosphere suitable for relaxation or hosting guests. The flexible layout allows for easy adaptation to suit your style and needs. The kitchen offers ample space for cabinetry and essential appliances, providing practical functionality with views over the impressive rear garden — an ideal setting for future modernization. Upstairs, the two spacious double bedrooms benefit from plenty of natural light and storage options, making them perfect not just for restful nights but also as home offices or creative spaces. The family bathroom features a straightforward suite that requires minimal updates yet serves its purpose effectively. The standout feature of this property is undoubtedly the large rear garden that invites creativity. Whether you're picturing a serene landscaped retreat, a children’s play area, or contemplating an extension project, this garden's size and layout allow for various possibilities. Additionally, the corner plot includes side garden space that enhances this home's appeal and investment potential.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +109.9% above area average per sq ft

+109.9%
This Property
£844/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£170,311
10% above area average per sq ft
Potential ROI
-52.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +14.2%
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

Drakes Drive, Stevenage, Hertfordshire, SG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

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