2-bedroom terraced house · SG1 1LS
For saleListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****chain free**** Set back from the road within an established pedestrianised setting, this two-bedroom end-of-terrace house is conveniently positioned for Stevenage town centre and its wide range of shopping, leisure and transport facilities.
Requiring complete modernisation throughout, the property presents an excellent opportunity for a purchaser to refurbish and personalise a home to their own specification.
The accommodation comprises an entrance hallway, dual-aspect lounge, kitchen with basic facilities, garden room, two bedrooms, bathroom and separate WC.
Outside, the property benefits from front and enclosed rear gardens, with the rear garden featuring a paved patio, two timber sheds and mature apple trees.
This freehold property is ideally suited to purchasers seeking a renovation project in a convenient and established residential location. Viewing highly recommended.
Location Stevenage comprises both the New and Old Towns and is conveniently situated within easy access of the A1(M) offering easy access to London, the M25 and also to the North.
Local road links provide access to adjacent towns including Hitchin, Letchworth, Baldock, Welwyn Garden City and Hertford. Stevenage is currently undergoing a £1 billion Regeneration Plan.
The initial plan will include the development covering 14.5 acres of the town centre and introducing 11 new buildings including residential, leisure, community, commercial and retail facilities.
The Historic High Street in the Old Town offers a good selection of shops, cafés/restaurants, public houses, a Library and two gp’s Surgeries.
In addition, the area is well served by Lister Hospital and a good selection of local primary and secondary schools.
The New Town currently provides a large pedestrianised shopping centre and retail parks together with the Gordon Craig Theatre, David Lloyd Health Club, the Leisure Park (truncated) The Accommodation Comprises Entry via uPVC door to: Reception Hallway Tiled flooring, radiator, pendant light and stairs rising to the first-floor.
Doors to: Lounge (6.535m x 3.041m) A dual aspect room with uPVC double-glazed windows to the side and rear elevations.
Continuation of the tiled flooring, radiator, gas fire (untested) with tile surround and wooden hearth, and ceiling pendant lights.
Door to: Kitchen (3.145m x 2.28m) The kitchen is currently equipped with basic facilities comprising a freestanding stainless-steel sink unit with mixer tap, a wall-mounted water heater and limited cupboard storage.
Tiled flooring, fluorescent ceiling light, uPVC double-glazed window and part-glazed door to the garden room. A storage cupboard houses a wall-mounted boiler. The kitchen requires complete refitting.
Lean-To/Garden Room (2.4m x 2.1m) Storage cupboard and double-glazed windows to the side and rear elevations. Door opening onto the rear garden.
First Floor Landing Airing cupboard housing the hot water cylinder with linen shelving above, ceiling pendant light and access to the loft via a hatch.
Doors to: Bedroom One (4.25m x 2.725m) Radiator, ceiling pendant light, and a uPVC double-glazed window to the front elevation.
Bedroom Two (2.72m x 3.78m) Radiator, wall light and ceiling pendant light, with a uPVC double-glazed window to the rear elevation.
Family Bathroom Fitted with a bath with mixer tap and shower attachment and a wall-hung wash basin with taps.
Part-tiled walls, radiator, towel rail, ceiling pendant light and an opaque uPVC double-glazed window to the rear elevation. The bathroom requires modernisation.
Separate WC Low-level WC, ceiling pendant light and a uPVC double-glazed window to the rear elevation.
Outside Front Garden A pathway leads to the front door, with mature shrubs, a tree and an external storage cupboard.
Rear Garden An enclosed rear garden with a paved patio, hardstanding and two timber sheds. A pathway leads through the garden, which also features two mature apple trees.
Agents Note Prospective purchasers requiring mortgage finance are advised to discuss the property’s present condition with their lender or mortgage adviser before incurring survey or legal costs.
Tenure, Council Tax And EPC The Tenure of this Property is: Freehold The Local Authority is: Stevenage The Council Tax Band: C (£2,126 Per Year) The EPC Rating is: Tba Viewing Information Viewing is strictly by appointment only through Putterills of Hertfordshire, through whom all negotiations should be conducted.
Disclaimer Putterills endeavour to maintain accurate depictions of properties in virtual tours, floor plans and descriptions, however, these are intended only as a guide and intended purchasers must satisfy themselves by personal inspection.
Money Laundering Regulations Prior to a sale being agreed, prospective purchasers will be required to produce identification documents.
Your co-operation with this, in order to comply with Money Laundering regulations, will be appreciated and will assist with the smooth progression of the sale.
Fixtures & Fittings All items in the written text of these particulars are included in the sale. All others are expressly excluded regardless of inclusion in any photographs.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order. Stay Connected Website Facebook Putterills Stevenage Instagram Putterills Stevenage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 48, Crossgates, Hertfordshire
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