Rookwood Drive, Stevenage, SG2
By Kalm Estate Agents
£ 500,000
Reviews
3 out of 5 stars
Kalm Estate Agents says ..
***INVESTMENT OPPORTUNITY*** - PLANNING PERMISSION GRANTED FOR A TWO BEDROOM DETACHED DWELLING - FOUR BEDROOMS - END OF TERRACE HOUSE - GARAGE AND DRIVEWAY - CHAIN FREE - KITCHEN/DINER - COMBINATION BOILER - WEST FACING REAR GARDEN - LONGMEADOW B LOCATIONCouncil Tax Band C - EPC Rating ...
Property Oracle says ..
This four-bedroom, three-bathroom property in Stevenage, Hertfordshire, presents a unique opportunity. Its location in Longmeadow offers a balance of residential tranquility and convenient access to schools and transport links. However, the property’s condition requires attention. While the images display no major structural defects, the overall aesthetic appears dated, necessitating modernisation. The property’s kitchen and bathrooms show a mixed condition, with aspects that appear up-to-date alongside older features. The presence of a generous garden is a significant advantage. This property further boasts significant potential due to the planning permission granted for a two-bedroom detached dwelling. This suggests opportunities for expansion or rental income, but the feasibility and profitability of this construction project necessitate careful evaluation. The £500,000 list price requires in-depth market research compared to similar properties in the immediate vicinity with similar planning permissions to ascertain its competitiveness. Buyers should carefully assess the potential costs of modernisation versus the value of the existing home plus the additional development.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 6
- Bedrooms
- 4
- Bathrooms
- 3
- Sqft (est)
- 1,140.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 383,997.00 £Decreased by 7.91 %
- Est sale value
- 454,860.00 £Increased by 18.40 %
- Average area rental value
- 950.00 £/moDecreased by 51.90 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 2.97 %Decreased by 47.71 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Kalm Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Shephalbury Park Primary School | Community School | Good | 0.32 KM |
| Longmeadow Primary School | Community School | Good | 0.34 KM |
| Greenside School | Community Special School | Good | 0.47 KM |
| S6 Broadwater Family Centre | Children's Centre | 0.48 KM | |
| Barnwell School | Foundation School | Requires improvement | 0.53 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Willows | £ 0 | 0 | 0.00 KM |
| Rudd Close | £ 425,000 | 0 | 0.00 KM |
| Hyde Green South | £ 0 | 0 | 0.00 KM |
| The Ridings | £ 0 | 0 | 0.00 KM |
| A602 | £ 525,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Knebworth | 6088 | KBW | 2.48 KM |
| Stevenage | 6092 | SVG | 3.94 KM |
| Watton-At-Stone | 6095 | WAS | 6.99 KM |
| Welwyn North | 6096 | WLW | 7.17 KM |
| Welwyn Garden City | 6183 | WGC | 9.95 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Rookwood Drive, Stevenage, SG2 | £ 500,000 | BUY | 6 / 10 | 0.00 KM |
| Wood Drive, Stevenage, Hertfordshire, SG2 | £ 375,000 | BUY | 7 / 10 | 0.14 KM |
| Wood Drive, Stevenage, SG2 8NX | £ 385,000 | BUY | Unknown | 0.14 KM |
| Manor View, Stevenage, Hertfordshire, SG2 | £ 450,000 | BUY | 6 / 10 | 0.17 KM |
| Hollyshaws, Stevenage | £ 370,000 | BUY | Unknown | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Rookwood Drive | £ 290,000 | 0.02 KM |
| 25 Rookwood Drive | £ 350,000 | 0.02 KM |
| 29 Rookwood Drive | £ 187,000 | 0.02 KM |
| 33 Rookwood Drive | £ 370,000 | 0.02 KM |
| 23 Rookwood Drive | £ 186,000 | 0.05 KM |