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8 The Towers Southgate, Stevenage, SG1 1HE

East of England

£35,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
1
Type
Flat

Description

This vacant leasehold one-bedroom flat on the second floor represents a promising opportunity for those looking to invest or make their first step onto the property ladder. While the flat requires comprehensive cosmetic refurbishment and modernisation, its layout features an entrance hallway, an open-plan kitchen/lounge, a well-sized bedroom, a utility room, and a shower room. This presents a blank canvas for buyers to enhance the living space to meet their preferences and increase its value. Situated in The Towers development within the sought-after Southgate area of Stevenage, this property offers easy access to local amenities including shops and restaurants, as well as excellent transport links via Stevenage railway station for quick routes into London and Cambridge. The A1(M) is also conveniently reachable, making this location ideal for commuters.

Investment analysis

(SG1 area)
Area Average
£381/sq ft
Avg Rent (weekly)
£323
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SG1)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +3.7%
5 year growth: +14.4%
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

8 The Towers Southgate, Stevenage, SG1 1HE
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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
£132
Based on a loan of £26,250 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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