Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

Faverwood is a spacious detached family home located in the desirable residential area of Stevenage, Hertfordshire, within the SG1 4BB postcode. Set on plot number 291, this four-bedroom property offers a perfect blend of suburban tranquility and convenient access to local amenities. The home benefits from a generous garden and ample parking, making it ideal for families seeking comfortable living with outdoor space. Its proximity to key transport links ensures easy commuting to London and surrounding towns, while the neighbourhood provides a peaceful environment with well-regarded schools and parks nearby.

Situated just under 2 miles from Stevenage town centre, Faverwood offers excellent connectivity with Stevenage railway station providing direct services to London Kings Cross in approximately 25 minutes. The local area is well-served by supermarkets, restaurants, and recreational facilities, making daily living both practical and enjoyable. With ongoing local development plans aimed at enhancing infrastructure and community facilities, this property represents a sound investment in a growing Hertfordshire town with strong appeal to families and professionals alike.

Property Features

This detached home boasts four well-proportioned bedrooms, offering ample space for family living or home office use. The fitted kitchen is designed for functionality and convenience, connecting seamlessly to the spacious living and dining areas. Outside, the property benefits from a sizable garden, perfect for outdoor entertaining or children's play, alongside a garage and additional off-street parking. The layout and features of the house cater well to modern family needs, combining comfort with practicality.

DetachedFour BedroomsGardenGarageOff-Street ParkingFitted Kitchen+2

Local Amenities

Faverwood is located within easy reach of Stevenage town centre, which offers a comprehensive range of amenities including the Forum Shopping Centre with numerous retail outlets and eateries. For families, highly regarded schools such as Barnwell School and The Oval Primary School are nearby, providing excellent educational options. Outdoor enthusiasts will appreciate the proximity to Fairlands Valley Park, a large green space with lakes and recreational facilities. The area is also well-served by supermarkets like Tesco, and a variety of local pubs and restaurants add to the community feel and convenience.

Stevenage Railway StationBarnwell SchoolThe Oval Primary SchoolTesco SuperstoreFairlands Valley ParkThe Forum Shopping Centre+1
Stevenage Railway Station Train Station (1.1 miles, 5 mins drive) • 30-35 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£720,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£720,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Good local schools
Limited international airport proximity (Luton 20 miles away)
Moderate rental yield potential

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£720,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.0%
Based on £3,600/mo rent
Area Price Growth
+3.8%
Average annual increase
5-Year Value Forecast
£869,272
+£149,272 projected gain
5-Year Rent Forecast
£4,276/mo
Based on 3.5% annual growth
Price per Sq Ft£480
Annual Rent Income£43,200
10-Year ROI240%
Break-Even Point16 yrs

Property Value Projection

Based on 3.8% annual growth
£869,272
5yr
£1,049,492
10yr
£1,267,076
15yr
£1,529,770
20yr
£1,846,926
25yr
Current: £720,000

Monthly Rental Income

Based on 3.5% annual growth
£4,276
5yr
£5,078
10yr
£6,031
15yr
£7,163
20yr
£8,508
25yr
Current: £3,600/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Location

Commute Time Planner

London King's Cross
30 mins
1h 10m
Luton Airport
50 mins
30 mins

Location Scores

68
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use (Commercial & Residential)+Positive Impact
Stevenage Town Centre Regeneration
0.8 milesEst. 2027
ResidentialModerate Impact
North Stevenage New Housing Development
1.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£720,000
AvailableNB0000024666
View Location Analytics

Faverwood

Hertfordshire, Hertfordshire SG1 4BB
Miller Homes @ Forster Park
4
Bedrooms
0
Bathrooms
1,500
Est. Sq ft
detached
Type

Developer

Miller Homes
Available Plot Numbers
291
1 plot(s) available
Ownershipfreehold

Request Information

£720,000Faverwood

Enquire About This Property

Faverwood
FaverwoodHertfordshire£720,000

Property Assistant

Ask me anything