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

East of England

£42,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Flat

Description

This Leasehold 2 Bedroom flat on the eighth floor presents a promising investment opportunity for both new buyers and seasoned investors. Currently tenanted, the property is strategically located close to the vibrant centre of Stevenage, providing easy access to local amenities, transport links, and essential services. While it requires some cosmetic updates and modernization, there's significant potential for enhancement and value addition. The layout includes an entrance hallway leading to an expansive open-plan kitchen/lounge/diner, two bedrooms, a bathroom, and a storage room. Enjoying elevated views from its position, this flat could be transformed into a desirable living space with thoughtful renovations. The current tenancy agreement secures a rental income of £15,827.76 per annum, making this property not only a home but also an income-generating asset.

Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

33 High Plash Cuttys Lane, Stevenage, SG1 1JG
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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
£159
Based on a loan of £31,500 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

Next Steps

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