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Fairfield Way, Stevenage

East of England

£425,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
951 sqft

Description

Situated in the desirable area of Great Ashby, this end-terrace residence presents a promising opportunity for investment or renovation enthusiasts. The home features three spacious bedrooms, complemented by a family bathroom and an ensuite bathroom attached to the principal bedroom, making it suitable for families or those needing additional space. The living area exudes warmth, while the kitchen and dining space lends itself well to modern lifestyles with its efficient layout designed for both cooking and entertaining. A dedicated playroom or office adds further flexibility for work-from-home options or study areas.

The south-facing garden is an attractive feature that offers privacy and potential for landscaping or further enhancements to create an inviting outdoor space. With ample room for children to play and possibilities for outdoor entertaining, it enhances the property's appeal. Parking is facilitated by a driveway accommodating up to three vehicles, providing convenience in this sought-after location.

With proximity to Round Diamond School and local shops within walking distance, this property not only meets practical needs but also boasts significant scope for expansion (STPP). Offered chain-free, this home allows for a seamless transition into a vibrant community. This property represents an excellent chance to leverage its existing features while exploring potential renovations to increase its value.

Investment Analysis

(SG1 area)

Above Market Value

This property is priced +18.4% above area average per sq ft

+18.4%
This Property
£447/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£394,798
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SG1)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +4.3%
5 year growth: +15.5%
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

Fairfield Way, Stevenage
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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
£1,505
Based on a loan of £318,750 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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