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Derby Way, Stevenage SG1

East of England

£325,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
882 sqft

Description

This three-bedroom terraced property, located in the sought-after area of Martins Wood, presents an excellent investment opportunity. Available chain free, the home is set up with a garage and driveway, alongside a generously sized and enclosed rear garden that adds valuable outdoor space. Although it requires some modernisation, its well-thought-out layout includes an entrance hall leading to a lounge and kitchen/diner on the ground floor, while the first floor accommodates three decent-sized bedrooms and a family bathroom. With potential for extension (subject to planning permission), this property can be transformed into an ideal family residence. The region offers convenient access to local amenities, reputable schools, and essential road networks connecting to Stevenage's town centre and the A1M for further travel.

Investment Analysis

(SG1 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£368/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£321
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£370,519
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SG1)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +2.6%
5 year growth: +14.6%
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

Derby Way, Stevenage SG1
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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
£1,228
Based on a loan of £243,750 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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