3-bedroom terraced house · SG1 4GZ
For saleListed 33 days
Opportunity summary
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About
Solo Homes is pleased to offer this brand new 3 bedroom end terrace property, at the popular development of Forster Park in Stevenage Available on a shared ownership basis, this is a great way to make your next home purchase more affordable.
Peacefully set near miles of countryside yet within walking distance of Stevenage town centre, Forster Park enjoys excellent transport links, easy access to the A1(M) and fast rail connections to London, alongside superb local amenities on your doorstep.
Designed for modern living, these homes combine comfort, sustainability and style, with private gardens and lower energy costs for a more efficient way of life.
Property Specification Kitchen - Contemporary fitted kitchen with worktops - Integrated electric oven - Integrated electric ceramic hob - Integrated stainless steel extractor hood - Stainless steel splashback to hob - Integrated washing machine - Integrated fridge/freezer - Integrated dishwasher - 1 1⁄2 bowl sink - Vinyl flooring Bathroom - White bathroom suite - Glass shower screen - Thermostatic shower over bath - Full height wall tiles around bath & as splashback to wash hand basin - Vinyl flooring Cloakroom - White sanitary ware - Wall tiles as splashback to wash hand basin - Vinyl flooring Interiors - Double glazed UPVC windows - Carpet to all living areas - Smoke detector - Air source heat pump heating system with wet system radiators - Telephone & TV points to living room - Co-axial digital cable fitted from TV point to loft space Exteriors - Patio area - Turf to rear garden - Shed - 2 allocated parking spaces - EV charging point - 990 year lease - NHBC warranty Local Area Located on the northern edge of Stevenage, Forster Park enjoys easy access to both Stevenage Old Town and the town centre.
Residents benefit from excellent local amenities including Sainsbury's, Asda and Roaring Meg Retail Park, alongside independent shops, cafés and restaurants.
Popular local dining spots include Tarla Restaurant, Sala Thong and El Bar de Tapas, all favourites in Stevenage Old Town.
Families are well catered for with a fantastic choice of schools nearby, including Almond Hill Junior School, The Thomas Alleyne Academy and Marriotts School, many highly rated by Ofsted.
For leisure, Fairlands Valley Park, Stevenage Leisure Park and nearby countryside provide excellent opportunities for outdoor recreation, sport and family days out.
Stevenage railway station provides fast, direct services to London Kings Cross in around 23 minutes, as well as connections to Cambridge and Peterborough.
The A1(M) offers excellent road links north and south, while the A602 and A10 provide wider regional access.
Local bus services connect Stevenage Old Town, surrounding neighbourhoods and nearby towns, offering convenient travel without reliance on a car.
Shared Ownership The full market price of this property is £430,000, with different shares available from 50% subject to affordability.
Based on a 50% share, there is a monthly rent of £492.71 and a monthly service charge of £33.92. Interested parties are requested to complete a short financial assessment prior to application.
*Pictures are for illustrative purposes only, and may not be of this exact home.
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 18, Forster Park, Stevenage
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