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See how verdicts work2-bedroom flat · SG1 3UG
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*63% shared ownership* We are delighted to offer this well-presented two-bedroom property, ideally situated within walking distance of Stevenage Train Station, the Town Centre, and the Historic Old Town.
Located in the sought-after Wornham Avenue, this well-presented two-bedroom flat offers spacious, light-filled accommodation in a convenient location, making it an ideal purchase for first-time buyers, professionals, investors or those looking to downsize.
The property features two generously sized double bedrooms and a bright, welcoming living area, enhanced by a balcony that allows natural light to flood into the space and creates an airy feel.
Well maintained throughout, the flat offers a practical layout and neutral presentation, providing comfortable living with scope to make the space your own.
The location is particularly appealing for commuters, with Stevenage train station within easy reach and offering direct links into London and beyond.
Stevenage town centre and the historic Old Town are also nearby, providing a variety of shops, restaurants, cafés and leisure facilities.
Combining two double bedrooms, a bright living space and a convenient location, this property represents an excellent opportunity for buyers seeking a well-positioned home in Stevenage.
Dimensions Lounge: 15'2 x 11'2 Kitchen: 11'4 x 7'2 Bedroom 1: 11'2 x 11'1 Bedroom 2: 10'3 x 7'6 Bathroom: 7' x 7' Entrance Hall: 18'1 x 3' N.B.
Full market value (100%)£245,000 63% shared ownership share£154,350 Monthly rent on remaining 37%£181.26 Monthly service charge£124.92 Combined monthly rent and service charge£306.18 *also available for 100% ownership*
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Wornham Avenue, Stevenage
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