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Chells Way, Stevenage SG2

East of England

£295,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
798 sqft

Description

This three-bedroom terraced home presents an excellent opportunity for investors and renovators seeking to enhance property value in a sought-after residential neighborhood. The property features a spacious layout, including a fitted kitchen, a lounge area, and a family bathroom, complemented by a generous rear garden that offers potential for outdoor improvements. With modernisation needed throughout, the home is attractively priced to reflect its current condition, making it an ideal project for those looking to create their vision in this growing market. Located conveniently near essential amenities, quality schools, and major transport links including the A1M and Stevenage's mainline station to London, this property not only promises comfortable living but also significant investment potential.

Investment Analysis

(SG2 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£370/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£353,007
10% above area average per sq ft
Potential ROI
+10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +14.2%
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

Chells Way, Stevenage SG2
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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
£1,114
Based on a loan of £221,250 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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