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Downlands, STEVENAGE, Hertfordshire, SG2

East of England

£320,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
824 sqft

Description

This semi-detached two-bedroom residence in the sought-after Chells Manor area of Stevenage presents an exciting opportunity for buyers interested in renovation and investment. The property features generous living spaces, including a welcoming entrance porch that leads into a spacious lounge, ideal for both relaxation and dining. At the rear, you'll find a fitted kitchen with decent worktop and storage options, which connects to a conservatory that overlooks the garden — a versatile space that could be transformed or expanded to enhance living quality. The first floor consists of two well-sized bedrooms; the main bedroom offers ample space while the second room serves perfectly as a guest room or home office. A shower room equipped with essential amenities completes this level. Externally, the property includes a private driveway leading to a garage, providing great parking and storage solutions. The outdoor area also holds potential for landscaping improvements, subject to necessary permissions. While the home requires some modernisation, it provides an excellent foundation for personalisation and value addition based on individual preferences. Positioned conveniently near local shops, schools, and public transport links, this residence is ideal for families and commuters alike. This property represents a significant opportunity for improvement in an attractive location.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£388/sq ft
Area Average
£400/sq ft
Avg Rent (weekly)
£339
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £30,000
Target Value
£362,107
10% above area average per sq ft
Potential ROI
+3.5%
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
16%
Properties sold annually

Local Market Trend (SG2)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -0.6%
5 year growth: +12.7%
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

Downlands, STEVENAGE, Hertfordshire, SG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,133
Based on a loan of £240,000 over 30 years at 3.91% 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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