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22 Colestrete, Stevenage, Hertfordshire SG1 1RB

East of England

£200,000

Listed on 24/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
882 sqft

Description

This three-bedroom terraced house offers a spacious layout and is situated in a desirable residential neighborhood, making it an appealing opportunity for those looking to invest in a renovation project. The property is currently in need of updating and modernization, which allows potential buyers to tailor the space to their preferences while significantly increasing its market value. The ground floor features an entrance hall, a generous sitting room, kitchen area, and convenient ground floor WC along with rear and side porches. Upstairs, you will find three well-sized bedrooms and a family bathroom. The front and rear gardens provide valuable outdoor space that can be transformed as part of your renovation vision. With an attractive location, this property is well-suited for investors or owner-occupiers who have the ambition to enhance its appeal through thoughtful refurbishment.

Investment Analysis

(SG1 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£227/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£321
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£370,519
10% above area average per sq ft
Potential ROI
+54.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SG1)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +2.6%
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

22 Colestrete, Stevenage, Hertfordshire SG1 1RB
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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
£756
Based on a loan of £150,000 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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