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Wigram Way, Stevenage

East of England

£325,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1038 sqft

Description

This three-bedroom home presents a unique opportunity for renovation and investment, as it is on the market for the first time in its history. The property features a well-proportioned internal layout, making it an ideal candidate for modern updates that could enhance both functionality and style. Upon entering, you are greeted by an entrance porch that leads into a dining area, which offers versatility for use as a home office or study space. The expansive lounge runs the entire length of the house, providing a comfortable setting that flows seamlessly into a sunroom at the rear. This sunroom not only adds natural light but also serves as a perfect vantage point to enjoy views of the spacious garden. The kitchen is equipped with sturdy cabinetry and ample counter space, featuring wood-effect shaker-style units and gas appliances. Although functional as-is, there is potential for transforming this space into a contemporary culinary hub with modern fixtures and finishes. Upstairs, the property boasts three generously sized bedrooms, each presenting opportunities for personalization. Both the master bedroom and bedroom three come with built-in storage options, while all three rooms offer flexibility in usage—whether as bedrooms, hobby spaces, or home offices. The bathroom facilities include a separate toilet and shower room. Outside, the rear garden is particularly noteworthy. Its generous size allows for various landscaping possibilities or even an extension (subject to planning permissions). Notably, previous approvals were granted for adding driveway access from the rear—an enhancement that could significantly increase property value. Located within walking distance to local schools and shops, this property benefits from its convenient position near community amenities while remaining accessible to Stevenage Town. With thoughtful renovations and enhancements, this home has great potential for both personal enjoyment and investment return.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£313/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£451,982
10% above area average per sq ft
Potential ROI
+29.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 2.8%
5 year growth: 19.1%
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

Wigram Way, Stevenage
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE