Worst House on the Street Logo
Elbow Lane, Stevenage - Image 1
Elbow Lane, Stevenage - Image 2
Elbow Lane, Stevenage - Image 3
Elbow Lane, Stevenage - Image 4
Elbow Lane, Stevenage - Image 5
Elbow Lane, Stevenage - Image 6
Elbow Lane, Stevenage - Image 7
Elbow Lane, Stevenage - Image 8
Elbow Lane, Stevenage - Image 9
Elbow Lane, Stevenage - Image 10
Elbow Lane, Stevenage - Image 11
Elbow Lane, Stevenage - Image 12
Elbow Lane, Stevenage - Image 13
Elbow Lane, Stevenage - Image 14
Elbow Lane, Stevenage - Image 15
Elbow Lane, Stevenage - Image 16
Elbow Lane, Stevenage - Image 17
Elbow Lane, Stevenage - Image 18
Elbow Lane, Stevenage - Image 19
Elbow Lane, Stevenage - Image 20
Elbow Lane, Stevenage - Image 21
Elbow Lane, Stevenage - Image 22

Elbow Lane, Stevenage

East of England

£325,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
House
Area
474 sqft

Description

This three-bedroom end-of-terrace property presents a promising opportunity for renovation, situated in the desirable area of Oaks Cross. It is conveniently located near several reputable schools and local amenities, enhancing its investment potential. Inside, the layout features an entrance hallway that opens into a utility room and kitchen, leading to an extended living room that creates a spacious ambiance. Upstairs, you will find three generously sized bedrooms along with a family bathroom. The property also boasts a sizeable rear garden, complemented by a front garden and driveway. While it requires modernisation throughout, this home offers the perfect canvas for those looking to add value through thoughtful upgrades.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +71.0% above area average per sq ft

+71.0%
This Property
£686/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£332
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£209,107
10% above area average per sq ft
Potential ROI
-44.2%
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
15%
Properties sold annually

Local Market Trend (SG2)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +0.5%
5 year growth: +13.9%
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

Elbow Lane, Stevenage
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,159
Based on a loan of £243,750 over 30 years at 3.97% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates