Foster Close, Stevenage
East of England
£675,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1766 sqftFeatures
- Garage
- Garden
- Parking
Description
This chain-free four-bedroom detached house is set on a generous plot in Stevenage’s Chancellors area. It is being sold as an unfinished renovation project, with planning permission stated for a two-storey side extension, a single-storey rear extension and front porch, as well as conversion of the garage. Plans are available from the agent; purchasers should check the approved drawings and building-regulations requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a substantial detached four-bedroom home with a double garage, driveway and generous garden, offering a clear canvas for a major transformation. The kitchen ceiling and services are exposed, the living-area walls are heavily marked, and bathroom finishes are incomplete; the bedrooms look more complete, while the garden would also benefit from attention. Planning permission is stated for side and rear extensions, a porch and garage conversion, giving a buyer scope to reshape and expand the accommodation. At £675,000, the asking price is broadly in line with the local £/sqf benchmark, which is reasonable for a project of this scale. The economics are less comfortable: purchase plus the renovation midpoint comes to £742,500, so all-in costs look tight against local benchmarks, although that comparison is not a renovated end value.
Key opportunities
- Rework the large open-plan living, dining and kitchen area into a finished family space, completing the exposed ceiling and services.
- Use the stated permissions for extensions, a porch and garage conversion to explore a larger, reconfigured home, subject to the approved plans and relevant requirements.
- Improve the garden around the existing lawn and mature boundaries, including tidying the overgrown edges and open excavation.
Key risks
- Exposed kitchen ceiling structure and services, unfinished bathroom finishes and marked living-area walls make this a substantial completion programme; the £45,000–£90,000 works range calls for careful budgeting and scheduling rather than a cosmetic refresh.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,550
Based on a loan of £506,250 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.
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