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33 High Plash, Cuttys Lane, Stevenage, Hertfordshire, SG1 1JG - Image 1

33 High Plash, Cuttys Lane, Stevenage, Hertfordshire, SG1 1JG

East of England

£90,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Flat
Area
449 sqft

Description

This vacant eighth-floor flat, boasting two distinct rooms, presents a promising opportunity for investors or renovators looking to add value. Nestled within a well-structured purpose-built block that features 12 upper floors and a lift for convenience, this property is positioned on a residential street close to essential amenities and the serene King George V Recreation Ground. While the flat requires significant refurbishment and repairs, its potential is evident in both its location and layout. The property is held under a lease with approximately 81 years remaining, which may necessitate future attention for lease extension upon acquisition. Prospective buyers should consider this an investment that requires vision and effort to transform it into a desirable living space.

Investment Analysis

(SG1 area)

Below Market Value

This property is priced -47.3% below area average per sq ft

-47.3%
Potential saving
This Property
£200/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£316
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£187,707
10% above area average per sq ft
Potential ROI
+63.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SG1)

Area prices are falling by -2.3% over the last 12 months
3 year growth: +3.8%
5 year growth: +14.6%
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

33 High Plash, Cuttys Lane, Stevenage, Hertfordshire, SG1 1JG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£321
Based on a loan of £67,500 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

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