2 Bed Flat, Single Let, Stevenage, SG1 2LT, £220,000

Kilby Road, Stevenage, SG1 2LT - 3 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£77K - £300K
Sold Prices/m²£975/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£212,655

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£1,280 - £2,850

Rent Estimate

£1,300

Running Costs/mo

£968

Cashflow/mo

£333

Cashflow/yr

£3,990

ROI

6%

Gross Yield

7%

Local Sold Prices

32 sold prices from £77K to £300K, average is £212.5K. £975/m² to £4.5K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£139.8K06/210.02 mi64, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£157.5K05/210.02 mi11, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£215K04/210.02 mi73, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£210K04/210.02 mi21, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£143K12/200.02 mi43, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£77K12/200.02 mi58, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£225K03/210.02 mi48, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£88K11/200.02 mi57, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£216.5K04/210.02 mi32, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£77K02/210.02 mi59, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£77K01/210.02 mi74, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£77K02/210.02 mi49, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£77K01/210.02 mi34, Kilby Road, Stevenage, Hertfordshire SG1 2LT2
£245K01/210.18 mi40, Townsend Mews, Stevenage, Hertfordshire SG1 3AT2
£196.5K06/210.22 mi15, Howarde Court, Stevenage, Hertfordshire SG1 3DF2
£196.5K06/210.22 mi15, Howarde Court, Stevenage, Hertfordshire SG1 3DF2
£300K07/230.22 mi7, Howarde Court, Stevenage, Hertfordshire SG1 3DF2
£225K03/210.33 mi58, Southend Close, Stevenage, Hertfordshire SG1 3PE2
£150.5K02/230.53 mi42, Harrow Court, Stevenage, Hertfordshire SG1 1JS2
£300K11/210.54 mi14, Shire Court, Stevenage, Hertfordshire SG1 3BB2
£260K04/210.54 mi10, Shire Court, Stevenage, Hertfordshire SG1 3BB2
£250K01/230.59 mi17, Gray Court, Stevenage, Hertfordshire SG1 3UH2
£280K02/230.62 mi21, Julians Road, Stevenage, Hertfordshire SG1 3ES2
£277.5K12/200.65 mi58, Cuttys Lane, Stevenage, Hertfordshire SG1 1UW2
£215K09/210.68 mi94, Prestatyn Close, Stevenage, Hertfordshire SG1 2AL2
£225.5K02/230.68 mi77, Prestatyn Close, Stevenage, Hertfordshire SG1 2AL2
£297K09/210.7 mi8, Pryor Court, Stevenage, Hertfordshire SG1 3PW2
£180K11/200.74 mi50, Bedwell Crescent, Stevenage, Hertfordshire SG1 1LU2
£208K08/210.78 mi6, Barry Court, Stevenage, Hertfordshire SG1 2PQ2
£252.5K11/210.81 mi41, Fresson Road, Stevenage, Hertfordshire SG1 3QU2
£228.5K03/210.81 mi39, Fresson Road, Stevenage, Hertfordshire SG1 3QU2
£163K11/210.98 mi477, Vardon Road, Stevenage, Hertfordshire SG1 5BE2

Local Rents

50 rents from £1.3K/mo to £2.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45008/240.02 miKilby Road, Stevenage, Hertfordshire, SG12
£1,50008/240.02 miKilby Road, Stevenage2
£1,35011/240.04 mi-2
£1,50008/240.14 miPLATFORM_, Stevenage, Hertfordshire, SG12
£1,55008/240.14 mi209 Monument Court, Woolners Way, Stevenage2
£1,50008/240.15 mi-2
£1,45003/250.17 mi-2
£1,50008/240.17 miMonument Court, SG12
£1,69508/240.17 miWoolners Way, Stevenage, Hertfordshire, SG12
£1,69508/240.17 miWoolners Way,Stevenage,SG12
£1,40008/240.17 miMonument Court, Woolners Way, Stevenage2
£1,50008/240.17 mi-2
£1,50008/240.18 mi-2
£1,45008/240.18 miWoolners Way, STEVENAGE2
£1,40009/240.18 miMonument Court, Woolners Way, Stevenage2
£1,35008/240.18 miTownsend Mews, STEVENAGE2
£1,45008/240.18 miTownsend Mews, Stevenage, SG12
£1,35008/240.18 mi-2
£1,59508/240.19 miBrick Kiln Road, Stevenage2
£1,45008/240.21 miTownsend Mews, Stevenage2
£1,50008/240.22 miHowarde Court,Stevenage,SG12
£1,60008/240.29 miSkyline Apartments, Stevenage, SG12
£1,45008/240.29 miSwingate, STEVENAGE2
£1,30008/240.29 miSkyline House, SG12
£1,50008/240.31 mi-2
£1,50008/240.31 miBrickdale House, Stevenage2
£1,42504/250.32 mi-2
£1,50008/240.32 mi-2
£1,50008/240.32 miBrickdale House, Stevenage, SG12
£1,45008/240.32 mi-2
£1,40004/250.32 mi-2
£1,55003/250.34 mi-2
£1,35008/240.34 miSouthend Close, Stevenage, Hertfordshire, SG12
£1,35009/240.37 miEastbourne Avenue, STEVENAGE, Hertfordshire2
£1,45004/250.39 mi-2
£1,49508/240.4 miHaycroft Road, Stevenage2
£1,40904/250.41 mi-2
£1,35011/230.43 miPrimett Road, Stevenage, Hertfordshire, SG12
£1,30008/240.47 miPark Place, Stevenage2
£2,85008/240.48 mi-2
£1,40002/250.48 mi-2
£1,50011/230.48 miMulberry House, Stevenage2
£1,40008/240.48 miPark Place, STEVENAGE2
£1,32508/240.51 miHigh Street, Stevenage2
£1,49508/240.52 miBasils Road, Stevenage, Hertfordshire, SG12
£1,50007/240.53 mi-2
£1,39508/240.57 miMorecambe Close, Stevenage2
£1,35008/240.58 miGray Court, Stevenage2
£1,28008/240.59 miColwyn Close, Stevenage, SG12
£1,30008/240.59 miGraydells, Stevenage2

Local Area Statistics

Population in SG1

51,296

Population in Stevenage

42,070

Town centre distance

1.08 miles away

Nearest school

0.40 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £220,000

March 3, 2025

Floor Plans

Description

  • TWO BEDROOM FIRST FLOOR FLAT +
  • SOUGHT AFTER LOCATION ON THE OUTSKIRTS OF THE OLD TOWN +
  • WALKING DISTANCE TO MAIN LINE TRAIN STATION OFFERING FAST LINKS INTO LONDON +
  • PHONE ENTRY SYSTEM +
  • LONG SPACIOUS ENTRANCE HALLWAY +
  • LOUNGE OPENING INTO THE KITCHEN +
  • TWO DOUBLE BEDROOMS +
  • EN-SUITE TO MAIN BEDROOM AND FITTED WARDROBES TO BOTH +
  • FAMILY BATHROOM +
  • ALLOCATED PARKING SPACE WITH VISITOR SPACES +

A spacious two bedroom flat, set with a desirable location in walking distance to the Old Town High Street and the mainline train station.

We are delighted to present this spacious two bedroom first floor flat, set within a highly desirable location on the outskirts of the Old Town and in walking distance to both the Historic High Street and mainline Stevenage train station, providing fast links into London.

As you enter, you are greeted into a long and spacious hallway which provides access into the bathroom, bedrooms and lounge. both bedrooms are spacious double rooms with built in sliding mirrored wardrobes and a en-suite shower room completes to master bedroom. The lounge has a large window offering plenty of natural light, ample space for a dining table and chairs and opens into the kitchen.

The property comes complete with an allocated parking space and ample bays for visitor parking.

Hallway - 4'2 x 19'9
Lounge - 17'0 x 11'9
Kitchen - 10'4 x 8'4
Bedroom 1 - 14'0 x 9'2
Bedroom 2 - 9'1 x 9'6
Bathroom - 6'8 x 7'3

Lease Information - There are around 106 years remaining on the lease.
The monthly service charge is approximately £97.50.
The annual ground rent TBC.

Agent Details

Agent Hybrid, Stevenage

01438 901827

Next Steps?

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