3-bedroom house · SG1 3HJ
Listing removedListed 73 days
Opportunity summary
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About
**guide price £230,000 - £240,000** Situated on the outskirts of the highly desirable Old Town, this spacious three-bedroom split-level maisonette on Ivel Road offers a rare opportunity to acquire a unique home combining generous accommodation with an exceptional location.
Arranged over two floors and benefiting from a garage en bloc, the property provides the feel of a traditional house with the practicality and low-maintenance lifestyle of maisonette living.
Ideal for first-time buyers, families, professionals and investors alike, it offers bright and versatile accommodation throughout.
A private entrance hall leads to the principal accommodation, where the first floor has been thoughtfully designed for modern living.
The spacious living room is filled with natural light and opens onto a private balcony, creating the perfect place to relax.
The separate kitchen/dining room offers ample storage, generous worktop space and plenty of room for family dining and entertaining.
The upper floor comprises three well-proportioned bedrooms, offering flexible accommodation for family life, guests or home working.
A well-appointed family bathroom and useful built-in storage complete the accommodation. Further benefits include a garage en bloc, providing secure parking or valuable additional storage.
The split-level layout creates a genuine sense of space and separation between the living and sleeping areas, making the property feel more like a traditional home.
Ivel Road enjoys an enviable position close to Stevenage's historic Old Town, with its charming High Street offering an excellent selection of independent shops, cafés, restaurants, pubs and everyday amenities.
With parks, leisure facilities, highly regarded schools and Stevenage's extensive traffic-free cycle network all nearby, this outstanding maisonette combines spacious accommodation, a versatile layout, garage and a superb Old Town location, making it an excellent opportunity for a wide range of buyers.
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
Agent & docs
FAQ
About 18, Ivel Road, Stevenage
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