No longer on the market
This property is no longer on the market
Floorplan
Map8 bedroom property
Sold STC
Property
8 beds
5 baths
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
An exciting, investment opportunity to purchase this block of five, flats located in an enviable position within the popular town of Letchworth. The building consists of a mix of five residential one and two bedroom flats, three of the flats are currently held on Assured Shorthold Tenancies, providing investors an immediate return . The site also has the potential for further development subject to the necessary planning consents.
Viewings by appointment only
Flat One - Two bed ground floor flat of approximately 716 sq ft. Being sold with vacant possession. In need of modernisation. EPC rating 66-76 Band D.
Flat Two - Two bedroom first floor flat of approximately 719 sq ft. Currently rented out with a tenant paying £875.00 PCM. EPC rating 71 - 82 Band C.
Flat Three - Two bedroom top floor apartment presented in good order throughout approximately 639 sq ft. Currently rented out with a tenant paying £820.00pcm. EPC rating 59 - 77 Band C.
Flat Four - One bedroom ground floor flat of approximately 641 sq ft. Vacant. EPC rating 59-77 band D.
Flat Five - One bedroom first floor flat of approximately 524 sq ft. Currently rented out with a tenant paying £780.00 PCM. EPC rating 68-76 Band D.
External Areas - There are parking areas to the front of the building providing spaces for approximately 5 vehicles. There is a single garage and some ancillary storage
Gardens - The mature gardens to the rear of the building are laid to lawn with mature borders. This area is currently used in common by the existing tenants .
Tenure - A new 999 year leasehold interest is being offered for sale. The Freeholder owner is Letchworth Garden City Heritage Foundation.
Planning - There is potential to extend the building, such development will be subject approval by the Freeholder and will need to be carefully designed in accordance with the Letchworth Garden City Heritage Foundation's Design Principals.' The Property is within the Letchworth Conservation Area, Heritage Character Area and is designated Home of Special Interest.
Council Tax - All 5 properties are held under council tax Band B £1708.59 for the period 2024/25
Viewings - Strictly by appointment only / open days to be confirmed contact the office on[use Contact Agent Button]
Offers - All offers will be requested in writing . Proof and method of funding will be requested before offers are considered by our client.
Viewings by appointment only
Flat One - Two bed ground floor flat of approximately 716 sq ft. Being sold with vacant possession. In need of modernisation. EPC rating 66-76 Band D.
Flat Two - Two bedroom first floor flat of approximately 719 sq ft. Currently rented out with a tenant paying £875.00 PCM. EPC rating 71 - 82 Band C.
Flat Three - Two bedroom top floor apartment presented in good order throughout approximately 639 sq ft. Currently rented out with a tenant paying £820.00pcm. EPC rating 59 - 77 Band C.
Flat Four - One bedroom ground floor flat of approximately 641 sq ft. Vacant. EPC rating 59-77 band D.
Flat Five - One bedroom first floor flat of approximately 524 sq ft. Currently rented out with a tenant paying £780.00 PCM. EPC rating 68-76 Band D.
External Areas - There are parking areas to the front of the building providing spaces for approximately 5 vehicles. There is a single garage and some ancillary storage
Gardens - The mature gardens to the rear of the building are laid to lawn with mature borders. This area is currently used in common by the existing tenants .
Tenure - A new 999 year leasehold interest is being offered for sale. The Freeholder owner is Letchworth Garden City Heritage Foundation.
Planning - There is potential to extend the building, such development will be subject approval by the Freeholder and will need to be carefully designed in accordance with the Letchworth Garden City Heritage Foundation's Design Principals.' The Property is within the Letchworth Conservation Area, Heritage Character Area and is designated Home of Special Interest.
Council Tax - All 5 properties are held under council tax Band B £1708.59 for the period 2024/25
Viewings - Strictly by appointment only / open days to be confirmed contact the office on[use Contact Agent Button]
Offers - All offers will be requested in writing . Proof and method of funding will be requested before offers are considered by our client.
Property information from this agent
About this agent
WELCOME Sheridan’s have been at the forefront of property service in the Herts and Beds areas since the 1980s. The company was established by Nick Sheridan and specialises in agency sales, acquisitions, lettings, property management and block management we provide the full service for all your property requirements. Sheridan’s now offer Chartered Surveying services in both Residential and Commercial Property. Tim Sheridan MRICS joined the business recently, having spent 7 years in a regional surveying practice, bringing with him extensive expertise in valuation and professional work in both the commercial and residential sector. With RICS status, the global leader in property professionalism, Sheridan’s offers a regulated level of service to guarantee our clients the highest standards that many local estate agents simply cannot offer. As a client of Sheridan’s you can be certain that your property matters – whether we are selling your home, managing your property or providing professional surveying services. Give us a call on the number displayed or press the Contact Agent button. We look forward to hearing from you.