3 Bed Terraced House, Single Let, Stevenage, SG1 2HX, £350,000

Minehead Way, Stevenage, SG1 2HX - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£270K - £760K
Sold Prices/m²£2.6K/m² - £8.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£400,185
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,550 - £1,950

Rent Estimate

£1,596

Running Costs/mo

£1,433

Cashflow/mo

£163

Cashflow/yr

£1,957

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £270K to £760K, average is £365K. £2.6K/m² to £8.8K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£310K08/210.02 mi26, Minehead Way, Stevenage, Hertfordshire SG1 2HU3
£315K05/230.06 mi122, Minehead Way, Stevenage, Hertfordshire SG1 2JJ3
£280K05/210.11 mi102, Hopton Road, Stevenage, Hertfordshire SG1 2LG3
£305K04/210.15 mi41, Hastings Close, Stevenage, Hertfordshire SG1 2JG3
£330K05/230.2 mi18, Hopton Road, Stevenage, Hertfordshire SG1 2LD3
£292K05/210.2 mi4, Hopton Road, Stevenage, Hertfordshire SG1 2LD3
£350K06/230.21 mi549, Scarborough Avenue, Stevenage, Hertfordshire SG1 2QG3
£320K05/210.23 mi39, Brighton Way, Stevenage, Hertfordshire SG1 2JQ3
£310K03/210.23 mi36, Brighton Way, Stevenage, Hertfordshire SG1 2JQ3
£346K05/230.27 mi84, Skegness Road, Stevenage, Hertfordshire SG1 2HT3
£270K04/210.28 mi7, Skegness Road, Stevenage, Hertfordshire SG1 2HR3
£385K05/230.3 mi78, Bude Crescent, Stevenage, Hertfordshire SG1 2RB3
£310K12/200.3 mi156, Bude Crescent, Stevenage, Hertfordshire SG1 2QZ3
£350K07/230.31 mi44, Skegness Road, Stevenage, Hertfordshire SG1 2HS3
£358K11/200.32 mi8, Brixham Close, Stevenage, Hertfordshire SG1 2RU3
£355K01/230.33 mi113, Torquay Crescent, Stevenage, Hertfordshire SG1 2RJ3
£512.5K07/230.34 mi1, Jubilee Road, Stevenage, Hertfordshire SG1 2PG3
£343K08/210.37 mi31, Lymington Road, Stevenage, Hertfordshire SG1 2PE3
£270K03/210.41 mi168, Torquay Crescent, Stevenage, Hertfordshire SG1 2RW3
£520K03/210.41 mi1, Corton Close, Stevenage, Hertfordshire SG1 2LB3
£285K03/210.41 mi27, Colwyn Close, Stevenage, Hertfordshire SG1 2AT3
£375K01/230.41 mi17, Morecambe Close, Stevenage, Hertfordshire SG1 2AZ3
£418K04/230.43 mi12, Fishers Green Road, Stevenage, Hertfordshire SG1 2PB3
£285K04/210.43 mi62, Torquay Crescent, Stevenage, Hertfordshire SG1 2RS3
£345.5K10/210.46 mi42, Fairview Road, Stevenage, Hertfordshire SG1 2NR3
£310K12/210.46 mi28, Fairview Road, Stevenage, Hertfordshire SG1 2NR3
£295K01/210.46 mi9, Mayles Close, Stevenage, Hertfordshire SG1 2GE3
£438K02/210.46 mi2, Sheringham Avenue, Stevenage, Hertfordshire SG1 2JU3
£450K12/220.47 mi3, Bawdsey Close, Stevenage, Hertfordshire SG1 2LA3
£760K03/210.53 miThe Barn, Stebbing Farm, Fishers Green, Stevenage, Hertfordshire SG1 2JB3
£455K11/210.55 mi21, Kessingland Avenue, Stevenage, Hertfordshire SG1 2JR3
£630K11/200.56 mi42, Angotts Mead, Stevenage, Hertfordshire SG1 2NJ3
£390K04/210.56 mi61, Angotts Mead, Stevenage, Hertfordshire SG1 2NJ3
£477K05/230.57 mi28, Essex Road, Stevenage, Hertfordshire SG1 3EX3
£530K02/210.58 mi31, Julians Road, Stevenage, Hertfordshire SG1 3ES3
£500K12/200.59 mi125, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£430K03/230.59 mi89, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£495K02/210.59 mi95, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£625K03/230.59 mi119, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£370K07/230.61 mi7, Ivel Road, Stevenage, Hertfordshire SG1 3HJ3
£360K04/210.62 mi71, Chapman Road, Stevenage, Hertfordshire SG1 4RJ3
£450K12/220.62 mi14, Chapman Road, Stevenage, Hertfordshire SG1 4RJ3
£390K02/230.65 mi1, Chapman Road, Stevenage, Hertfordshire SG1 4RJ3
£445K05/230.66 mi43, Green Street, Stevenage, Hertfordshire SG1 3DS3
£575K03/210.69 miThe Haven, Todds Green, Stevenage, Hertfordshire SG1 2JE3
£510K06/210.71 mi11, Brick Kiln Road, Stevenage, Hertfordshire SG1 2NH3
£435K12/200.81 mi11, North Road, Stevenage, Hertfordshire SG1 4BD3
£477.5K09/210.81 mi15, Walkern Road, Stevenage, Hertfordshire SG1 3QX3
£360K09/210.82 mi10, Albert Street, Stevenage, Hertfordshire SG1 3NZ3
£335K11/200.85 mi28, Stanmore Road, Stevenage, Hertfordshire SG1 3QF3

Local Rents

10 rents from £1.6K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60008/240.1 miHopton Road, Stevenage3
£1,62511/230.17 miScarborough Avenue, Stevenage, Hertfordshire, SG13
£1,65008/240.21 miScarborough Avenue, Stevenage3
£1,65004/250.24 mi-3
£1,59508/240.28 miSkegness Road, Stevenage, Hertfordshire, SG13
£1,60008/240.29 miSkegness Road, Stevenage, SG13
£1,55008/240.36 miTorquay Crescent, Stevenage3
£1,95009/240.55 miKessingland Avenue, Stevenage, Hertfordshire, SG1 2JR3
£1,95008/240.55 miKessingland Avenue, Stevenage3
£1,89510/240.58 mi-3

Local Area Statistics

Population in SG1

51,296

Population in Stevenage

42,070

Town centre distance

1.86 miles away

Nearest school

0.50 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £350,000

January 23, 2025

Floor Plans

Description

  • Symonds Green Area +
  • Three Bedrooms +
  • Refitted Cloakroom +
  • Good Size Living Room +
  • Separate Dining Room +
  • Utility Lobby +
  • Landscaped Rear Garden +
  • Attached Garage +
  • Driveway Parking +

*GUIDE PRICE £350,000 TO £375,000*Located within the sought after Symonds Green area of Stevenage this lovely family home is a must view. The well proportioned accommodation on offer here includes a refitted cloakroom, a good size living room, separate dining room, fitted kitchen, a utility lobby, three bedrooms and a family bathroom. externally there is a lawned frontage, a lovely landscaped rear garden, an attached garage and driveway parking.

Agent Details

haart, Stevenage

01438 901677

Next Steps?

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