3-bedroom terraced house · SG1 1TS
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold Chain free, this three bedroom family home in Monkswood is within walking distance of Stevenage Town Centre amenities and Train Station.
The property has been completely modernised throughout and with a rear extension and porch it provides a fantastic ground floor accommodation with an added bonus of a separate studio/office in the garden, ideal for a homeworker.
The property also has a garage. The property comprises; Entrance hallway, lounge, downstairs shower room, kitchen/diner with utility area, three bedrooms, bathroom, outside studio with two rooms.
Farm Close is a quiet cul-de-sac in Monkswood, Stevenage and benefits from being close to the following amenities: Asda supermarket 0.2 Miles Broom Barns Primary School 0.3 Miles Town Centre 0.4 Miles Fairland Valley Park 0.8 Miles A1m Juction 7 0.8 Miles Marriotts Secondary School 1.0 Miles Stevenage Old Town 1.1 Miles ENTRANCE PORCH AND HALLWAY Having been extended to the front, the porch provides additional welcoming space with a modern tiled flooring and ample storage cupboards.
Doors to the living room, kitchen and downstairs shower room. LOUNGE 5.70m x 3.60m (18' 8" x 11' 10") A good size room with recessed ceiling with lighting. Window to the front aspect.
SHOWER WET ROOM Fully tiled wet room with thermostatic shower, wash hand basin and w/c.
UTILITY AREA 2.50m x 3.40m (8' 2" x 11' 2") Open to the kitchen, with space for all the appliances including: dishwasher, washing machine, tumble dryer and American style fridge/freezer.
KITCHEN/DINER 6.40m x 2.70m (21' 0" x 8' 10") Having been extended, this kitchen/diner provides a lovely entertaining space with space for a large dining table and bi fold doors opening to the garden.
The fitted kitchen comprises a range of wall and base units with worksurface over. Oven, gas hob with extractor over. FIRST FLOOR LANDING Doors to all bedrooms and bathroom. Storage cupboard.
Access to the loft. BEDROOM ONE 2.5m x 4.10m (8' 2" x 13' 5") Double bedroom with window to the front aspect.
BEDROOM TWO 3.46m x 3.40m (11' 4" x 11' 2") Double bedroom with window to the front aspect. Storage cupboard.
BEDROOM THREE 2.30m x 2.59m (7' 7" x 8' 6") Currently accommodates a double bed. Window to the rear aspect.
BATHROOM 3.40m x 1.66m (11' 2" x 5' 5") MAX Fully tiled bathroom comprising; side panel bath with mixer taps and hand attachment and glass shower screen, vanity wash hand basin and w/c.
Window to the rear aspect. FRONT Low maintenance front with concrete area. GARAGE Located en bloc with up and over door.
REAR GARDEN Fully enclosed, mainly laid to lawn with stepping stones to a decking area and the studio.
STUDIO 2 4.90m x 3.50m (16' 1" x 11' 6") Currently used as a gym but a versatile additional space that could be used for various functions.
OFFICE 3m x 2.30m (9' 10" x 7' 7") A separate space within the studio used an office with electric heater.
SHOWER ROOM 1.80m x 2.30m (5' 11" x 7' 7") Double shower enclosure, counter top bowl and vanity cupboard and w/c.
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.
Area
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FAQ
About Farm Close, Stevenage, SG1
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