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Chertsey Rise, STEVENAGE, Hertfordshire, SG2

East of England

£300,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
858 sqft

Description

This three-bedroom family residence in the established Shephall area of Stevenage presents a promising opportunity for buyers seeking to personalize a home to their own specifications. While the property requires comprehensive modernization, it offers an excellent blank slate that can be transformed into a comfortable and stylish long-term family dwelling. The ground floor includes a spacious lounge exceeding 20ft, ideal for both relaxation and entertaining, coupled with a separate kitchen and adjoining utility area, which could be reconfigured for contemporary living preferences. The entrance hall provides a welcoming touch to the home’s layout. On the upper level, there are three well-sized bedrooms, featuring two generous doubles alongside a versatile third room that could serve as a child's bedroom, nursery, or home office. This floor also has a separate WC and shower room, presenting an opportunity to revamp into a modern family bathroom. The property's location is beneficial for families, with reputable local schools within proximity and everyday amenities easily accessible through nearby shops and services in Shephall. Stevenage town centre is also just a short distance away, offering an extensive selection of shopping, dining, and leisure options. For those commuting, the property is conveniently near Stevenage mainline station with quick links to London and good access to major roadways via the A1(M). Additionally, local green spaces such as Fairlands Valley Park provide venues for outdoor activities and family outings. With an eye towards updates and improvements, this home stands as an exceptional chance for buyers to invest in value creation while crafting their desired living environment.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£350/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£379,549
10% above area average per sq ft
Potential ROI
+8.4%
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

Chertsey Rise, STEVENAGE, Hertfordshire, 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
£1,133
Based on a loan of £225,000 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

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