3 Bed Terraced House, Single Let, Stevenage, SG2 9TU, £270,000

The Paddocks, Stevenage, SG2 9TU - 3 views - 6 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£238K - £440K
Sold Prices/m²£2.8K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£332,100
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,500 - £1,900

Rent Estimate

£1,506

Running Costs/mo

£1,165

Cashflow/mo

£341

Cashflow/yr

£4,093

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £238K to £440K, average is £320K. £2.8K/m² to £4.9K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£245K03/210.03 mi7, The Ridings, Stevenage, Hertfordshire SG2 9UA3
£282K02/210.05 mi17, Paddocks Close, Stevenage, Hertfordshire SG2 9UD3
£240K04/210.05 mi9, Paddocks Close, Stevenage, Hertfordshire SG2 9UD3
£355K06/230.05 mi8, Paddocks Close, Stevenage, Hertfordshire SG2 9UD3
£320K07/230.05 mi5, Paddocks Close, Stevenage, Hertfordshire SG2 9UD3
£342.5K07/230.09 mi10, Mackenzie Square, Stevenage, Hertfordshire SG2 9TT3
£272K12/200.1 mi19, Elm Walk, Stevenage, Hertfordshire SG2 9UY3
£315K08/210.13 mi50, Wigram Way, Stevenage, Hertfordshire SG2 9UX3
£260K01/210.15 mi7, The Hornbeams, Stevenage, Hertfordshire SG2 9TD3
£352.5K10/220.16 mi17, Long Hyde, Stevenage, Hertfordshire SG2 9TF3
£307K08/210.17 mi23, Wiltshire Road, Stevenage, Hertfordshire SG2 9DU3
£382.5K09/230.18 mi14, Beech Drive, Stevenage, Hertfordshire SG2 9TB3
£265K02/210.18 mi258, Shephall Way, Stevenage, Hertfordshire SG2 9RJ3
£272.5K06/210.2 mi53, Peartree Way, Stevenage, Hertfordshire SG2 9DZ3
£338K02/230.2 mi35, Hyde Green, Stevenage, Hertfordshire SG2 9XX3
£337.5K05/230.22 mi38, Hyde Green, Stevenage, Hertfordshire SG2 9XY3
£325K05/230.22 mi40, Hyde Green, Stevenage, Hertfordshire SG2 9XY3
£324K09/210.22 mi201, Shephall Way, Stevenage, Hertfordshire SG2 9RE3
£270K05/210.22 mi50, Upper Sean, Stevenage, Hertfordshire SG2 9XW3
£405K06/210.22 mi34, Upper Sean, Stevenage, Hertfordshire SG2 9XW3
£275K01/230.24 mi36, Randalls Hill, Stevenage, Hertfordshire SG2 9YN3
£395K03/210.25 mi1, Burwell Road, Stevenage, Hertfordshire SG2 9RQ3
£238K12/200.26 mi45, Kymswell Road, Stevenage, Hertfordshire SG2 9JT3
£320K02/210.26 mi12, Hadwell Close, Stevenage, Hertfordshire SG2 9DR3
£270K03/210.26 mi6, Hadwell Close, Stevenage, Hertfordshire SG2 9DR3
£290K05/210.26 mi179, Shephall Way, Stevenage, Hertfordshire SG2 9RD3
£320K08/230.26 mi182, Shephall Way, Stevenage, Hertfordshire SG2 9RD3
£320K08/230.26 mi182, Shephall Way, Stevenage, Hertfordshire SG2 9RD3
£325K08/210.26 mi264, Chertsey Rise, Stevenage, Hertfordshire SG2 9JF3
£355K08/230.26 mi268, Chertsey Rise, Stevenage, Hertfordshire SG2 9JF3
£340K03/230.26 mi172, Shephall Way, Stevenage, Hertfordshire SG2 9RD3
£351K01/230.26 mi4, Lammas Path, Stevenage, Hertfordshire SG2 9RN3
£342K04/230.26 mi37, Hayley Common, Stevenage, Hertfordshire SG2 9JZ3
£295K01/210.26 mi149, Hydean Way, Stevenage, Hertfordshire SG2 9YA3
£323K02/230.28 mi11, Furzedown, Stevenage, Hertfordshire SG2 9EN3
£313K01/210.29 mi15, Hayley Common, Stevenage, Hertfordshire SG2 9LA3
£350K06/230.3 mi17, Dovedale, Stevenage, Hertfordshire SG2 9EP3
£285K11/200.3 mi18, Keller Close, Stevenage, Hertfordshire SG2 8BJ3
£295K12/200.31 mi9, Cholwell Road, Stevenage, Hertfordshire SG2 9JY3
£290K02/210.33 mi33, Wortham Way, Stevenage, Hertfordshire SG2 9SH3
£287K03/210.34 mi59a, Aylward Drive, Stevenage, Hertfordshire SG2 8US3
£345K08/230.34 mi111, Collenswood Road, Stevenage, Hertfordshire SG2 9HA3
£440K04/230.35 mi50, Barnwell, Stevenage, Hertfordshire SG2 9SN3
£325K02/230.35 mi20, The Muntings, Stevenage, Hertfordshire SG2 9DN3
£328K10/210.36 mi132, Valley Way, Stevenage, Hertfordshire SG2 9DD3
£245K01/230.36 mi129, Collenswood Road, Stevenage, Hertfordshire SG2 9HB3
£300K10/210.38 mi13, Breakspear, Stevenage, Hertfordshire SG2 9SQ3
£340K03/230.39 mi121, Valley Way, Stevenage, Hertfordshire SG2 9DE3
£297.5K03/210.39 mi26, Foxfield, Stevenage, Hertfordshire SG2 9LR3
£330K03/230.39 mi23, Hydean Way, Stevenage, Hertfordshire SG2 9XJ3
£325K02/230.4 mi75, Shephall Way, Stevenage, Hertfordshire SG2 9QJ3

Local Rents

37 rents from £1.5K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,50002/240.19 mi-3
£1,65011/240.19 mi-3
£1,60004/250.19 mi-3
£1,75003/250.19 mi-3
£1,60003/250.23 mi-3
£1,90010/240.25 mi-3
£1,70004/250.25 mi-3
£1,70001/250.28 mi-3
£1,70001/250.28 mi-3
£1,70001/250.28 mi-3
£1,70001/250.28 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,75004/250.29 mi-3
£1,70009/240.3 miDovedale, STEVENAGE3
£1,70008/240.31 miKymswell Road, SG23
£1,70008/240.31 miKymswell Road, STEVENAGE3
£1,70008/240.31 miCollenswood Road, STEVENAGE3
£1,70008/240.32 miCollenswood Road, STEVENAGE3
£1,55009/240.54 miBandley Rise, Stevenage3
£1,60008/240.55 miPankhurst Crescent, Stevenage, Hertfordshire3
£1,70008/240.55 mi-3
£1,80009/240.56 miShackledell, SG23
£1,70004/250.58 mi-3
£1,77503/250.59 mi-3
£1,50008/240.59 miShearwater Close, Stevenage, SG23
£1,50009/240.59 miShearwater Close, Stevenage, SG23

Local Area Statistics

Population in SG2

42,038

Population in Stevenage

42,070

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £270,000

October 18, 2024

Floor Plans

Description

  • Terraced Home +
  • Three Bedrooms +
  • Chain Free +
  • Requires Cosmetic Updating +
  • Living/Dining Room +
  • Kitchen +
  • Dining/Study Area +
  • Lovely Rear Garden +
  • Driveway Parking +

*GUIDE PRICE OF £270,000 TO £290,000* Located within the Shephall area of Stevenage this terraced home does require some cosmetic updating and is offered for sale chain free. The good size accommodation also includes a welcoming entrance hallway, a study/dining area, a dual aspect living/dining room, a kitchen, three bedrooms, a bathroom and a separate WC. Externally the property also benefits from a lovely rear garden and driveway parking for one vehicle.

Agent Details

haart, Stevenage

01438 901677

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪