3 Bed Terraced House, Single Let, Stevenage, SG1 1AT, £259,750

Kings Road, Stevenage, SG1 1AT - 2 views - a month ago

Leasehold
BTL
ROI: 5%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£250K - £630K
Sold Prices/m²£2.7K/m² - £8.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£325,950
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£64,938

Stamp Duty & Legal Fees

£15,200

Total Cash In

£80,138

 

 

Cash Out

 

Rent Range

£1,350 - £3,850

Rent Estimate

£1,484

Running Costs/mo

£1,129

Cashflow/mo

£355

Cashflow/yr

£4,266

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £250K to £630K, average is £341K. £2.7K/m² to £8.8K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£350K03/210.25 mi41, Boxfield Green, Stevenage, Hertfordshire SG2 7DR3
£350K01/230.34 mi11, Lyndale, Stevenage, Hertfordshire SG1 1UB3
£345K04/230.35 mi4, Elder Way, Stevenage, Hertfordshire SG1 1SD3
£290K09/210.35 mi26, Briardale, Stevenage, Hertfordshire SG1 1TP3
£295K12/200.38 mi42, Penn Road, Stevenage, Hertfordshire SG1 1JA3
£287K02/210.38 mi38, Penn Road, Stevenage, Hertfordshire SG1 1JA3
£290K05/210.38 mi141, Penn Road, Stevenage, Hertfordshire SG1 1JA3
£347K03/230.4 mi48, Elder Way, Stevenage, Hertfordshire SG1 1SE3
£283.3K11/210.42 mi48, Cuttys Lane, Stevenage, Hertfordshire SG1 1UW3
£348.6K12/210.43 mi19, Whomerley Road, Stevenage, Hertfordshire SG1 1SP3
£278K01/210.45 mi46, Cuttys Lane, Stevenage, Hertfordshire SG1 1UW3
£258K01/210.48 mi65, Plash Drive, Stevenage, Hertfordshire SG1 1LL3
£412.5K02/230.48 mi33, Homestead Moat, Stevenage, Hertfordshire SG1 1UE3
£290K03/210.49 mi48, Rockingham Way, Stevenage, Hertfordshire SG1 1SH3
£330K01/210.49 mi2, Homestead Moat, Stevenage, Hertfordshire SG1 1UE3
£325K03/230.49 mi11, Wildwood Lane, Stevenage, Hertfordshire SG1 1TA3
£295K03/210.63 mi3, Holly Copse, Stevenage, Hertfordshire SG1 1QT3
£270K06/210.66 mi29, Made Feld, Stevenage, Hertfordshire SG1 1PQ3
£264.5K06/210.69 mi34, Popple Way, Stevenage, Hertfordshire SG1 3TD3
£300K01/210.7 mi68, Sish Lane, Stevenage, Hertfordshire SG1 3LR3
£330K07/230.71 mi48, Ramsdell, Stevenage, Hertfordshire SG1 1QY3
£610K01/230.71 mi14, Sish Lane, Stevenage, Hertfordshire SG1 3LS3
£450K02/210.71 mi33, Sish Lane, Stevenage, Hertfordshire SG1 3LS3
£427K01/230.71 mi71, Sish Lane, Stevenage, Hertfordshire SG1 3LS3
£392.5K02/230.74 mi6, Hammond Close, Stevenage, Hertfordshire SG1 3JQ3
£510K06/210.75 mi11, Brick Kiln Road, Stevenage, Hertfordshire SG1 2NH3
£470K04/230.77 mi34, Pound Avenue, Stevenage, Hertfordshire SG1 3JA3
£475K04/210.77 mi28, Pound Avenue, Stevenage, Hertfordshire SG1 3JA3
£476K09/210.77 mi10, Pound Avenue, Stevenage, Hertfordshire SG1 3JA3
£250K03/210.79 mi63, Colestrete, Stevenage, Hertfordshire SG1 1RE3
£255K02/210.79 mi34, Grace Way, Stevenage, Hertfordshire SG1 5AB3
£278K10/210.82 mi163, Sish Lane, Stevenage, Hertfordshire SG1 3LP3
£319K08/230.83 mi6, Broxdell, Stevenage, Hertfordshire SG1 3TU3
£505K04/210.83 mi16, Greydells Road, Stevenage, Hertfordshire SG1 3NL3
£300K03/210.85 mi130, Broad Oak Way, Stevenage, Hertfordshire SG2 8RB3
£630K11/200.85 mi42, Angotts Mead, Stevenage, Hertfordshire SG1 2NJ3
£390K04/210.85 mi61, Angotts Mead, Stevenage, Hertfordshire SG1 2NJ3
£385K04/230.86 mi86, St Margarets, Stevenage, Hertfordshire SG2 8RE3
£337K03/230.86 mi13, Ridgeway, Stevenage, Hertfordshire SG1 1PS3
£267K02/210.86 mi9, Ridgeway, Stevenage, Hertfordshire SG1 1PS3
£355K04/230.86 mi35, Ridgeway, Stevenage, Hertfordshire SG1 1PS3
£500K12/200.87 mi125, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£430K03/230.87 mi89, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£495K02/210.87 mi95, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£625K03/230.87 mi119, Fairview Road, Stevenage, Hertfordshire SG1 2NP3
£271K06/210.88 mi45, Lonsdale Road, Stevenage, Hertfordshire SG1 5DB3
£310K01/210.89 mi85, Broad Oak Way, Stevenage, Hertfordshire SG2 8RA3
£275K04/210.89 mi101, Lonsdale Road, Stevenage, Hertfordshire SG1 5DE3
£360K09/210.89 mi10, Albert Street, Stevenage, Hertfordshire SG1 3NZ3
£445K06/210.89 mi49, Greydells Road, Stevenage, Hertfordshire SG1 3NJ3

Local Rents

36 rents from £1.4K/mo to £3.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,80008/240.41 miWhomerley Road, Stevenage3
£1,70008/240.47 miPlash Drive, Stevenage, Hertfordshire3
£1,70008/240.51 mi-3
£1,69508/240.64 miKing George Close,Stevenage,SG13
£1,65008/240.64 miRuckles Close, STEVENAGE3
£1,45008/240.7 miStony Croft, Stevenage, SG13
£1,60008/240.7 miOld Town, SG13
£1,80008/240.75 miBrick Kiln Road, SG13
£1,70004/250.76 mi-3
£1,75008/240.76 miWoolners Way, Stevenage, SG13
£1,75008/240.76 mi-3
£1,49508/240.78 miSish Close, Stevenage3
£1,60008/240.82 miHillside, Stevenage3
£1,77503/250.83 mi-3
£1,85008/240.88 mi-3
£1,79511/230.9 miLangthorne Avenue, Stevenage, Hertfordshire, SG13
£1,80009/240.9 miShackledell, SG23
£1,50008/240.92 miGrace Way, Stevenage3
£1,79002/240.96 mi-3
£1,70003/250.97 mi-3
£1,52510/240.99 mi-3
£1,75002/240.99 mi-3
£1,75003/251 mi-3
£1,35012/231.01 mi-3
£1,85009/241.02 miBroadwater Crescent,3
£1,89510/241.05 mi-3
£1,50008/241.06 miLeaves Spring, Shephall3
£1,55008/241.06 miTorquay Crescent, Stevenage3
£1,75003/251.07 mi-3
£1,40004/251.08 mi-3
£3,85011/241.13 mi-3
£1,55008/241.17 mi-3
£1,50002/251.18 mi-3
£1,75008/241.2 miArcher Road, Stevenage3
£1,55010/231.23 mi-3
£1,65004/241.23 mi-3

Local Area Statistics

Population in SG1

51,296

Population in Stevenage

42,070

Town centre distance

0.88 miles away

Nearest school

0.50 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £259,750

March 24, 2025

Listed for £265,000

March 12, 2025

Floor Plans

Description

  • Three Bedroom Maisonette +
  • Exclusive Private Development +
  • Private Balcony +
  • Allocated Secure Parking +
  • Offered In Excellent Condition Throughout +
  • Book Your Viewing Instantly Online 24/7 +
  • Close To Station & Amenities +

The Property
Offered to the market is a rarely available, light and spacious three bedroom ground floor apartment with private patio area on the exclusive Six Hills House Development, Kings Road, Stevenage.

Situated only 0.4 Miles from Stevenage Mainline Train Station and Town Centre and within walking distance of shops, gyms and amenities the property boasts convenience.

The properties living area is bright and spacious with space for a dining table and a fitted kitchen with ample storage and integrated appliances. The master bedroom is spacious with fitted wardrobes in a separate dressing area and a patio door to a private, enclosed patio area overlooking communal gardens. There is a second bedroom with dressing area, third single bedroom or office and a modern family bathroom.

The property further benefits from double glazed windows, an allocated parking space directly in front of the property, additional visitor parking, communal gardens and roof terraces and an ESW1 Form.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 17/04/2125

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Stevenage

020 3907 2655

Next Steps?

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