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Elbow Lane, Stevenage, SG2

East of England

£310,000

Listed on 01/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
786 sqft

Description

This three-bedroom end-terrace house presents a promising opportunity for renovation and investment. Situated in the desirable Oaks Cross area, the property is conveniently located near local schools and various amenities. Inside, the layout includes an entrance hallway that opens to a utility room and kitchen, leading to an extended living room. The upstairs features a spacious landing that provides access to three generously sized bedrooms and a family bathroom. Outside, the property boasts a good-sized rear garden along with a front garden and driveway access. With a modernisation requirement throughout, this home offers potential buyers the chance to create their ideal living space while benefiting from its chain-free sale status.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£394/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£347,699
10% above area average per sq ft
Potential ROI
-0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +14.2%
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, SG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,171
Based on a loan of £232,500 over 30 years at 4.45% 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

Price History

-4.6% since listed
£310,000£15,000(-4.6%)
04/06/2026
Current price
£325,000Initial listing
02/06/2026

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