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Archer Road, Stevenage, SG1

East of England

£140,000
Listed on 26/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
398 sqft

Description

This chain-free one-bedroom flat on the first floor presents a prime opportunity for those looking to invest or renovate. Conveniently located near Stevenage's town centre, train station, and local schools, this property is ideal for first-time buyers or investors eager to add value. The layout includes a private entrance that leads to an inviting hallway, a bright living room filled with natural light, and a separate kitchen equipped with essential appliances. The spacious double bedroom offers built-in wardrobes, while the bathroom features a bathtub with shower over and complete tiling. While the property requires modernisation throughout, it holds significant potential for customisation and renovation. Access to communal garden spaces and ample on-street parking further enhance its appeal. With thoughtful upgrades, this flat could become a comfortable home or rental asset in a sought-after location.

Investment Analysis

(SG1 area)

Below Market Value

This property is priced -6.5% below area average per sq ft

-6.5%
Potential saving
This Property
£352/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£164,788
10% above area average per sq ft
Potential ROI
+3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SG1)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +3.9%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on SG1 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

Archer Road, Stevenage, SG1
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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
£505
Based on a loan of £105,000 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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