# 2 bedroom terraced house for sale (SG2 0EZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 56 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE SG2 0EZ |
| Price | £280,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 70 m² |
| Last sold | £273,000 Apr 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 14/11/2027
- **Current heating cost:** £505/year

### Recommendations
- B (1,500)
- W1 (1,200)
- N (6,000)
- U (8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9452-2855-7092-9093-6431)

## Description

CHAIN FREE | Two Double Bedrooms | Living/Dining Room | Valid EICR (electrical installation condition report) | Newly Insulated Loft

Offered to the market CHAIN FREE is a spacious two double bedroom terraced house in the sought after Chells area of Stevenage. 

The property is ideally situated for local schooling, both primary and secondary, local amenities and bus routes into Stevenage Town Centre and Train Station. 

The property comprises an entrance hall, living/dining room, separate kitchen with appliances, master bedroom with storage, second double bedroom with storage and family bathroom. 

Externally a rear garden benefits from a wooden storage shed and side gate access. To the front is communal parking bays and on road parking. 

We are in receipt of a recent damp survey at the property which is available upon request.

The council tax band is a C with Stevenage Borough Council.

**Entrance Hall** - 3.46m x 1.86m (11'4" x 6'1") - Entrance via UPVC door, wooden effect laminate flooring, under stair storage cupboard, door to kitchen, door to living/dining room, stairs to first floor.

**Living/Dining Room** - 6.63m x 3.39m (21'9" x 11'1") - Double glazed window to front aspect, double glazed window to rear aspect, wooden effect laminate flooring, radiator, chimney breast, door to kitchen, door to entrance hall.

**Kitchen** - 3.07m x 2.40m (10'1" x 7'10") - Double glazed window to rear aspect, wooden back door, range of wall and base units with counter top, stainless steel sink with drainer, tiled walls, tiled flooring, freestanding gas hob/oven with extractor over, freestanding washing machine, freestanding fridge/freezer, door to entrance hall.

**Landing** - 3.23m x 2.04m (10'7" x 6'8") - Carpet, loft hatch access, doors to bedrooms and bathroom.

**Bedroom 1** - 2.00m x 4.33m (6'7" x 14'2") - Double glazed window to front aspect, carpet, radiator, storage cupboard, storage cupboard over stairs.

**Bedroom 2** - 3.74m x 3.16m (12'3" x 10'4") - Double glazed window to rear aspect, carpet, radiator, airing cupboard, storage cupboard.

**Bathroom** - 1.65m x 2.04m (5'5" x 6'8") - Double glazed window to rear aspect, panel bath with mixer taps and shower hose, wash hand basin, WC, tiled walls, vinyl flooring, newly fitted extractor fan.

**Garden** - Patio area, patio pathway, grassed area, mature trees, shrubbery, wooden built storage shed, side gate access.

**Disclaimer** - 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. These particulars do not constitute part or all of an offer or contract.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Potential buyers are advised to recheck the measurements before committing to any expense.

5. Mather Estates has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6. Mather Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

## Property Photos

- ![Front](/listings/photos/145672310/695842) - Front
- ![Living/Dining Room](/listings/photos/145672310/695843) - Living/Dining Room
- ![Living/Dining Room](/listings/photos/145672310/695844) - Living/Dining Room
- ![Living/Dining Room](/listings/photos/145672310/695846) - Living/Dining Room
- ![Kitchen](/listings/photos/145672310/695847) - Kitchen
- ![Kitchen](/listings/photos/145672310/695849) - Kitchen
- ![Bedroom 1](/listings/photos/145672310/695851) - Bedroom 1
- ![Bedroom 1](/listings/photos/145672310/695852) - Bedroom 1
- ![Bedroom 2](/listings/photos/145672310/695854) - Bedroom 2
- ![Bathroom](/listings/photos/145672310/695855) - Bathroom
- ![Garden](/listings/photos/145672310/695856) - Garden
- ![Garden](/listings/photos/145672310/695858) - Garden

## Floorplans

- ![Property Floorplan](/listings/photos/145672310/695860) - Property Floorplan

## EPC Graphs

- ![EE Rating](/listings/photos/145672310/695862) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 56 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0EZ | £273,000 | 07/04/2025 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 BRUNEL ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0AA | £340,000 | 19/12/2025 | Terraced |
| 46 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EG | £335,000 | 21/11/2025 | Terraced |
| 46 FAWCETT ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0EJ | £306,500 | 13/11/2025 | Terraced |
| 215 CHELLS WAY, STEVENAGE, HERTFORDSHIRE, SG2 0LY | £340,000 | 27/10/2025 | Terraced |
| 32 STANLEY ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0EF | £320,000 | 28/07/2025 | Terraced |
| 34 COOK ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0ET | £290,000 | 17/01/2025 | Terraced |
| 19 LIVINGSTONE LINK, STEVENAGE, HERTFORDSHIRE, SG2 0EP | £337,000 | 17/11/2023 | Terraced |
| [Same street] 67 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0EZ | £356,000 | 09/11/2023 | Semi-detached |
| 30 NEWTON ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0BU | £310,000 | 09/11/2023 | Terraced |
| 8 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EQ | £362,000 | 28/09/2023 | Terraced |
| 27 HUDSON ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0ER | £350,000 | 16/08/2023 | Terraced |
| [Same street] 47 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0EZ | £303,000 | 26/04/2023 | Semi-detached |
| 109 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0HA | £370,000 | 24/02/2023 | Terraced |
| 34 LIVINGSTONE LINK, STEVENAGE, HERTFORDSHIRE, SG2 0EP | £300,000 | 25/01/2023 | Terraced |
| 64 FAWCETT ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0EH | £410,000 | 11/11/2022 | Terraced |
| 183 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EA | £311,000 | 07/11/2022 | Terraced |
| 45 TELFORD AVENUE, CHELLS, STEVENAGE, HERTFORDSHIRE, SG2 0AE | £370,000 | 31/10/2022 | Terraced |
| 1 TELFORD AVENUE, CHELLS, STEVENAGE, HERTFORDSHIRE, SG2 0AE | £415,000 | 27/10/2022 | Terraced |
| 30 COOK ROAD, STEVENAGE, HERTFORDSHIRE, SG2 0ET | £305,000 | 19/10/2022 | Terraced |
| 95 DRAKES DRIVE, STEVENAGE, HERTFORDSHIRE, SG2 0HA | £350,000 | 13/10/2022 | Terraced |
| 199 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EA | £355,000 | 03/10/2022 | Terraced |
| 197 RALEIGH CRESCENT, STEVENAGE, HERTFORDSHIRE, SG2 0EA | £400,000 | 16/09/2022 | Terraced |

**Street average:** £329,500 (2 sales)
**Area average:** £343,825 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £339,992 (66 Terraced, SG2, 2024–2026)
- **Deviation:** -17.6%

## Rental Range

*ONS Price Index of Private Rents (Stevenage). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,279/mo
- **Realistic:** £1,421/mo
- **Optimistic:** £1,563/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £972/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Chepstow Close, SG1 | £1,700/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Semi-Detached House, Wetherby Close, SG1 | £1,550/mo | 2 | 0.37 miles | OpenRent |

**Average rent: £1,625/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £203,125
- **Target investor price (1%):** £162,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,625/mo).*

- **Gross yield:** 7%
- **Cost-to-rent:** 14.4×
- **Monthly cashflow:** £335/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £4,000/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 11.3%
- **10y growth:** 41.5%

## House Price Index (HM Land Registry)

*Official index for Stevenage; Terraced series; as of March 2026.*

- **1y growth (index):** 1.9%
- **5y growth (index):** 15.1%
- **10y growth (index):** 34%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)