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£995,000 Guide Price
Bedrooms
Bathrooms
Stunning five bedroom early Garden City home Spacious & versatile family accommodation including two large double-glazed conservatories Delightful garden Ample off-street parking and two garages, one with potential for conversion to garden studio, home office, etc (subject to any necessary consents)
The Property - Dating from 1905, this substantial five bedroom semi is a stunning example of an early Garden City house. It was built by Beckley & Turpie, the firm responsible for building many of the early Garden City properties and a guarantee of quality workmanship. The house fully retains its original character and charm and has been thoughtfully updated and improved. The addition of the two impressive double-glazed conservatories has added to the spaciousness and versatility of this splendid family home. One of the conservatories has been designed as a breakfast room and lends itself to more formal dining, allowing the original dining room to be used as a second sitting room. With the morning room and second conservatory, there are no fewer than five reception areas.
On the first floor, there are three double bedrooms. The fourth bedroom, a single, is currently equipped as a dressing room and the floor is completed by a spacious family bathroom. On the second floor, the fifth bedroom or master bedroom has its own en suite shower room and is currently used as an office.
The house is constructed of solid brick, roughcast rendered externally, under a pitched tiled roof. Central heating is supplied by the gas fired range cooker in the kitchen and the house benefits from part double-glazing.
The Outside - The house stands in a corner plot measuring some 110 by 80 (33.7m x 24.6m) overall. Although the majority of the garden lies to the front and side, it is screened by mature hedges reinforced by hurdles and enjoys total privacy. The result of thirty years of hard work, the gardens are a delight with the planting providing interest throughout the year. The herbaceous beds and borders surround a large ornamental pond and are well stocked with perennials and ornamental shrubs, trees and conifers. A generous lawn occupies the north-west of the garden, again with ornamental shrubs, trees and conifers. A paved sun-trap patio is to be found to the rear of the house. Timber garden shed.
The brick paved forecourt is accessed from Barrington Road and provides ample off-street parking. It also leads to the two detached garages, the second of which, an attractive modern timber barn would lend itself to conversion to a garden studio or home office, subject to any necessary consents.
The Location - At it western end, close to where it becomes Hitchin Road, Baldock Road is a broad tree-lined avenue with the properties set well back to either side. Situated within the Letchworth Conservation Area, No 19 is just three-quarters of a mile to the south of the town centre and mainline railway station. Letchworth Garden City is on the Cambridge to London Kings Cross mainline with the fastest service to London Kings Cross taking just 29 minutes and Cambridge 27 minutes away in the other direction. Junction 9 on the A1(M) is 1.7 miles away by car.
Designed in the early 20th Century to combine the benefits of town and country, Letchworth Garden City was the worlds first example of this concept and succeeds to this day in achieving its aim. The town provides excellent schools, shops, green open spaces and leisure facilities. The house is very conveniently located to easy access to many of the towns most highly rated schools with St Christopher School being at the other end of Barrington Road. St Francis College is within half a mile and Lordship Farm Primary School, St Thomas More Primary School and the Highfield School all being within three-quarters.
Services - MAINS water, sewerage, gas and electricity are connected to the property.
BROADBAND: A choice of providers with claimed download speeds of up to 1000 Mbps.
MOBILE SIGNAL: Most providers claim up to 4G coverage, O2 claims to provide 5G.
The Letchworth Garden City Heritage Foundation - To maintain the integrity of the Garden City concept and design, properties are subject to the additional planning requirements of the Heritage Foundation.
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Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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