Rookwood Drive, Stevenage, SG2
KA

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 %
from 416,970.00 £
Est sale value
454,860.00 £
Increased by 18.40 %
from 384,180.00 £
Average area rental value
950.00 £/mo
Decreased by 51.90 %
from 1,975.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,140.00 £/mo
Est rental Yield
2.97 %
Decreased by 47.71 %
from 5.68 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Kalm Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Shephalbury Park Primary SchoolCommunity SchoolGood0.32 KM
Longmeadow Primary SchoolCommunity SchoolGood0.34 KM
Greenside SchoolCommunity Special SchoolGood0.47 KM
S6 Broadwater Family CentreChildren's Centre0.48 KM
Barnwell SchoolFoundation SchoolRequires improvement0.53 KM

Images

DOWNSTAIRS W/C LOUNGE BEDROOM FOUR KITCHEN REAR GARDEN EN-SUITE KITCHEN/DINER UTILITY ROOM DINING AREA BATHROOM BEDROOM ONE REAR GARDEN GARAGE LOUNGE FRONT OF PROPERTY EN-SUITE BEDROOM TWO BEDROOM THREE BEDROOM FOUR REAR GARDEN

Nearby Streets

NameAverage PriceAverage SqftDistance
The Willows £ 000.00 KM
Rudd Close £ 425,00000.00 KM
Hyde Green South £ 000.00 KM
The Ridings £ 000.00 KM
A602 £ 525,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Knebworth6088KBW2.48 KM
Stevenage6092SVG3.94 KM
Watton-At-Stone6095WAS6.99 KM
Welwyn North6096WLW7.17 KM
Welwyn Garden City6183WGC9.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rookwood Drive, Stevenage, SG2 £ 500,000BUY6 / 100.00 KM
Wood Drive, Stevenage, Hertfordshire, SG2 £ 375,000BUY7 / 100.14 KM
Wood Drive, Stevenage, SG2 8NX £ 385,000BUYUnknown0.14 KM
Manor View, Stevenage, Hertfordshire, SG2 £ 450,000BUY6 / 100.17 KM
Hollyshaws, Stevenage £ 370,000BUYUnknown0.19 KM

Nearby Properties

AddressPriceDistance
31 Rookwood Drive £ 290,0000.02 KM
25 Rookwood Drive £ 350,0000.02 KM
29 Rookwood Drive £ 187,0000.02 KM
33 Rookwood Drive £ 370,0000.02 KM
23 Rookwood Drive £ 186,0000.05 KM