3 Bed Terraced House, Planning Permission, Stevenage, SG1 2HA, £375,000

Symonds Green Road, Near Old Town, Stevenage, SG1 2HA - 1 views - a month ago

Sold STC
Planning
ROI: 1%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£270K - £760K
Sold Prices/m²£2.6K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£375,000

 

 

End Value (After Refurb)

£371,699

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£44,800

Bridging Loan Interest

£9,844

Total Cash In

£176,344

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£371,699

Mortgage (After Refinance)

£278,774

Mortgage LTV

75%

Cash Left In

£176,344

Equity

£92,925

Rent Range

£1,550 - £1,950

Rent Estimate

£1,707

Running Costs/mo

£1,523

Cashflow/mo

£184

Cashflow/yr

£2,208

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £270K to £760K, average is £380K. £2.6K/m² to £5.9K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£512.5K07/230.05 mi1, Jubilee Road, Stevenage, Hertfordshire SG1 2PG3
£350K07/230.06 mi44, Skegness Road, Stevenage, Hertfordshire SG1 2HS3
£346K05/230.07 mi84, Skegness Road, Stevenage, Hertfordshire SG1 2HT3
£520K03/210.08 mi1, Corton Close, Stevenage, Hertfordshire SG1 2LB3
£343K08/210.09 mi31, Lymington Road, Stevenage, Hertfordshire SG1 2PE3
£270K04/210.11 mi7, Skegness Road, Stevenage, Hertfordshire SG1 2HR3
£418K04/230.11 mi12, Fishers Green Road, Stevenage, Hertfordshire SG1 2PB3
£450K12/220.14 mi3, Bawdsey Close, Stevenage, Hertfordshire SG1 2LA3
£330K05/230.15 mi18, Hopton Road, Stevenage, Hertfordshire SG1 2LD3
£292K05/210.15 mi4, Hopton Road, Stevenage, Hertfordshire SG1 2LD3
£438K02/210.16 mi2, Sheringham Avenue, Stevenage, Hertfordshire SG1 2JU3
£320K05/210.21 mi39, Brighton Way, Stevenage, Hertfordshire SG1 2JQ3
£310K03/210.21 mi36, Brighton Way, Stevenage, Hertfordshire SG1 2JQ3
£280K05/210.23 mi102, Hopton Road, Stevenage, Hertfordshire SG1 2LG3
£305K04/210.25 mi41, Hastings Close, Stevenage, Hertfordshire SG1 2JG3
£285K03/210.27 mi27, Colwyn Close, Stevenage, Hertfordshire SG1 2AT3
£455K11/210.28 mi21, Kessingland Avenue, Stevenage, Hertfordshire SG1 2JR3
£760K03/210.29 miThe Barn, Stebbing Farm, Fishers Green, Stevenage, Hertfordshire SG1 2JB3
£360K04/210.3 mi71, Chapman Road, Stevenage, Hertfordshire SG1 4RJ3
£450K12/220.3 mi14, Chapman Road, Stevenage, Hertfordshire SG1 4RJ3
£310K08/210.32 mi26, Minehead Way, Stevenage, Hertfordshire SG1 2HU3
£477K05/230.32 mi28, Essex Road, Stevenage, Hertfordshire SG1 3EX3
£390K02/230.32 mi1, Chapman Road, Stevenage, Hertfordshire SG1 4RJ3
£358K11/200.34 mi8, Brixham Close, Stevenage, Hertfordshire SG1 2RU3
£375K01/230.35 mi17, Morecambe Close, Stevenage, Hertfordshire SG1 2AZ3
£295K01/210.35 mi9, Mayles Close, Stevenage, Hertfordshire SG1 2GE3
£345.5K10/210.36 mi42, Fairview Road, Stevenage, Hertfordshire SG1 2NR3
£310K12/210.36 mi28, Fairview Road, Stevenage, Hertfordshire SG1 2NR3
£315K05/230.37 mi122, Minehead Way, Stevenage, Hertfordshire SG1 2JJ3
£530K02/210.4 mi31, Julians Road, Stevenage, Hertfordshire SG1 3ES3
£355K01/230.4 mi113, Torquay Crescent, Stevenage, Hertfordshire SG1 2RJ3
£270K03/210.41 mi168, Torquay Crescent, Stevenage, Hertfordshire SG1 2RW3
£350K06/230.47 mi549, Scarborough Avenue, Stevenage, Hertfordshire SG1 2QG3
£285K04/210.48 mi62, Torquay Crescent, Stevenage, Hertfordshire SG1 2RS3
£310K12/200.5 mi156, Bude Crescent, Stevenage, Hertfordshire SG1 2QZ3
£435K12/200.5 mi11, North Road, Stevenage, Hertfordshire SG1 4BD3
£575K03/210.51 miThe Haven, Todds Green, Stevenage, Hertfordshire SG1 2JE3
£385K05/230.53 mi78, Bude Crescent, Stevenage, Hertfordshire SG1 2RB3
£412K06/210.54 mi25, Tates Way, Stevenage, Hertfordshire SG1 4WP3
£370K07/230.57 mi7, Ivel Road, Stevenage, Hertfordshire SG1 3HJ3
£445K05/230.63 mi43, Green Street, Stevenage, Hertfordshire SG1 3DS3
£500K12/200.63 mi125, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£430K03/230.63 mi89, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£495K02/210.63 mi95, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£625K03/230.63 mi119, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£477.5K09/210.65 mi15, Walkern Road, Stevenage, Hertfordshire SG1 3QX3
£630K11/200.67 mi42, Angotts Mead, Stevenage, Hertfordshire SG1 2NJ3
£390K04/210.67 mi61, Angotts Mead, Stevenage, Hertfordshire SG1 2NJ3
£605K02/210.68 mi9, Chancellors Road, Stevenage, Hertfordshire SG1 4AP3
£705K09/210.68 mi11, Chancellors Road, Stevenage, Hertfordshire SG1 4AP3

Local Rents

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

RentDateDistanceAddressBeds 
£1,60008/240.1 miSkegness Road, Stevenage, SG13
£1,59508/240.11 miSkegness Road, Stevenage, Hertfordshire, SG13
£1,65008/240.14 miScarborough Avenue, Stevenage3
£1,65004/250.2 mi-3
£1,62511/230.21 miScarborough Avenue, Stevenage, Hertfordshire, SG13
£1,60008/240.24 miHopton Road, Stevenage3
£1,95009/240.27 miKessingland Avenue, Stevenage, Hertfordshire, SG1 2JR3
£1,95008/240.28 miKessingland Avenue, Stevenage3
£1,89510/240.5 mi-3
£1,55008/240.5 miTorquay Crescent, Stevenage3

Local Area Statistics

Population in SG1

51,296

Population in Stevenage

42,070

Town centre distance

1.79 miles away

Nearest school

0.30 miles away

Nearest train station

1.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £375,000

March 6, 2025

Floor Plans

Description

  • SOUGHT AFTER RESIDENTIAL AREA +
  • SPACIOUS LIVING ACCOMMODATION +
  • GAS RADIATOR HEATING & DOUBLE GLAZING +
  • SCOPE FOR EXTENSION SUBJECT TO PERMISSIONS +
  • GENEROUS REAR GARDEN +
  • OFF ROAD POSITION WITH GREEN TO FRONT +
  • NO UPPER CHAIN +
  • EARLY VIEWING ADVISED +

SUMMARY
OPEN HOUSE - Saturday 15th March 12:00 - 13:00, contact us for details.

RARELY AVAILABLE end of terrace home with THREE good size bedrooms in SOUGHT AFTER residential area, boasting SPACIOUS living accommodation, GENEROUS rear garden, off road location, gas radiator heating, double glazing, scope for extension subject to permissions - NO UPPER CHAIN

DESCRIPTION
We are delighted to present to the market a splendid end of terrace family home positioned in an enviable off road location, with a green to the front. The property is in a popular residential area & has three good size bedrooms with spacious living accommodation to the ground floor. There is a generous enclosed mature rear garden, with scope for extensions subject to planning permissions.

The entrance porch leads to an entrance hall with utility room, fitted kitchen, lounge/diner, first floor landing with three bedrooms, family shower room and sep WC. Benefits include gas radiator heating via a gas combi boiler, double glazing & partly boarded loft space.

Symonds Green Road is ideally located within easy reach of local amenities, good schooling for all ages & convenient road links to the town centre & A1M serving the north & south. Stevenage provides & fast & efficient link to London via the mainline station, the historic old high street with array of shops, restaurants & bars & the pedestrian new town centre with indoor market.

AVAILABLE WITH NO ONWARD CHAIN

Entrance Porch 
Front door to porch with internal door leading to entrance hall

Entrance Hall 
Radiator, doors to utility room, stairs rising to first floor, door to lounge/diner

Lounge/Diner 21' 6" x 11' max ( 6.55m x 3.35m max )
Radiator, Double glazed window to front, Double glazed sliding patio doors to rear garden, door to kitchen

Kitchen 10' 8" x 9' 2" ( 3.25m x 2.79m )
Range of fitted floor & wall mounted storage units with drawers & work tops over, plumbing & space for washing machine, sink & drainer unit with mixer tap, radiator, built in understairs cupboard, Double glazed door to rear garden, Double glazed window to rear, arch to

Utility Room 6' 4" x 4' 9" ( 1.93m x 1.45m )
Floor space for fridge/freezer, built in storage, Double glazed wide window, doors back to entrance hall

First Floor Landing 
Access to partly boarded loft space, airing cupboard housing wall mounted gas combi boiler

Bedroom One 11' 3" x 10' 8" ( 3.43m x 3.25m )
Radiator, built in wardrobes, Double glazed window to front

Bedroom Two 12' 7" max x 10' ( 3.84m max x 3.05m )
Radiator, Double glazed window to rear

Bedroom Three 12' 2" x 7' 6" ( 3.71m x 2.29m )
Radiator, Double glazed window to front

Shower Room 
Comprises vanity wash hand basin, walk in shower enclosure, partly tiled walls, heated towel rail, Double glazed window to rear

Sep Wc 
Low level WC, Double glazed window to rear

Outside 

Front Garden 
Accessed from footpath which sides onto an open green, partly shingled, footpath to front door with side gated access to rear garden

Rear Garden 
A generous enclosed rear garden in the region of 100ft in length, patio paved with laid to lawn area. Array of mature trees, bushes & hedges providing a high degree of privacy & scope for extensions subject to planning permissions. Outbuilding

Street Parking 
Ample street parking on the road

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Stevenage

01438 901785

Next Steps?

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