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Downlands, Stevenage SG2

East of England

£325,000
Listed on 08/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
670 sqft

Description

This two-bedroom semi-detached house in Chells Manor, Stevenage, presents an excellent opportunity for renovation and investment. Situated on a spacious corner plot, the property not only offers the potential for modernisation but also invites creativity with possibilities for expansion (subject to planning permissions). Inside, the layout includes a comfortable lounge and a kitchen/breakfast room that could benefit from contemporary updates. The conservatory adds natural light and space to the home, while two well-sized bedrooms and a family bathroom provide essential living areas. The exterior features both front and rear gardens as well as a driveway and attached garage, further enhancing its appeal for future enhancements. This property is conveniently located just off White Way, in a desirable area with access to local amenities and transport connections. With some investment into modernising key areas, this home can be transformed into a lovely family residence or an attractive rental property.

Investment Analysis

(SG2 area)

Above Market Value

This property is priced +20.3% above area average per sq ft

+20.3%
This Property
£485/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£297,269
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (SG2)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +2.0%
5 year growth: +18.2%
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

Downlands, Stevenage SG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% 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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