6 bedroom detached for sale

£1,800,000 Guide Price

6

Bedrooms

2

Bathrooms

Floorplan

This truly outstanding Arts & Crafts house was designed by Harrison Townsend, one of the leading architects of the style A lovingly cared for family home, it retains many attractive original features It provides generously spacious and versatile accommodation Standing in grounds of 1 acre with the gardens laid to sweeping lawns and with many fine mature trees Heated outdoor swimming pool Triple garage plus workshop and additional garage Ample off-street parking Premier location and a delightful setting

The Property - This stunning Grade II listed Garden City home is an exceptional example of the Arts & Crafts style dating from 1906 and designed by the architect, Harrison Townsend, one of the movements leading exponents. The oak wall panelling, parquet flooring and mullioned windows with leaded lights are very appealing original features and the heavy timbers remain to the principal ceilings, having been painted to keep the rooms light. The accommodation is very generously proportioned and allows for great flexibility in use. There is a spacious central hall with adjoining staircase hall and flanked by the drawing room and the original dining room, currently used as a sitting room. Both reception rooms have fireplaces and the snug nestled in one corner of the drawing room and the garden room similarly place in the sitting room and particularly delightful elements. The original south facing open veranda has been enclosed to form a sun room.

At the rear of the house is a large modern kitchen/breakfast room, laundry, lobby, boiler room and WC. The ground floor is completed by the panelled entrance hall, a cloakroom and a second WC.

The impressive turning staircase leads to the first floor, which provides six double bedrooms, two of which interconnect as well as having independent access from the landing. The master bedroom has an en suite with both shower and bath and a family bathroom serves the other bedrooms. There is an additional separate WC.

The house benefits from gas fired central heating.

The Outside - The house is set in grounds extending to a little over 1 acre, exceptional even by Garden City standards, approached by a gravel driveway, which provides generous off-street parking and leads to the detached triple, and earlier timber, garages. A workshop opens from the rear of the brick-built triple garage. A gate opens to a brick-paved courtyard between the house and the triple garage and workshop and the rest of the gardens open from there.

A crazy paved terrace adjoins the southern aspect of the house and paving surrounds the heated open air swimming pool, which measures approximately 30 by 15 (10.5m x 5.25m). The timber pool house includes a changing room and a sauna. The attached plant room houses the gas fired boiler and the filtration unit for the pool.

The plot measures approximately 438 by 205 (133.5m x 62.5m) overall and the majority gardens are laid to extensive lawns with herbaceous beds and borders, rose bushes and ornamental shrubs and conifers. One of the splendours of the garden is the number of fine mature specimen trees, including ash, beech, maples, lime and blue cedar. Thatched timber summerhouse.

The Location - The Glade is the most exclusive residential close in the Garden City with some of the finest homes in the town standing well spaced in exceptionally generous plots. Just three-quarters of a mile to the south of the town centre and only a mile from the mainline railway station, it is an exceptionally desirable location. Letchworth Garden City is on the Cambridge to London 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 within 2 miles 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, leisure facilities and green open spaces. The Glade is well placed for easy access to schools, St Francis College, St Christopher School, the Highfield School and St Thomas More Primary School all being within half a mile. The Lordship Farm Primary School is three-quaters of a mile away.

Listed Property - Grade II.

The listing entry reads: 1906 by Harrison Townsend. Linear plan with central hall flanked by drawing room and dining room. Two storeys. Irregular fenestration with gabled bays and dormers. Tiled roofs swept down over 3 bay verandah on main south front. Roughcast walls with tile hung first floors and dormer gables. Brick stacks with moulded caps. Casement windows with mullions and leaded lights. Main east entrance and doorway to garden on south side with wide arched entrances turned in thin tiles. Interior with exposed ceiling beams and brick chimneypieces.

Services - Mains water, sewerage, gas and electricity are connected to the property.

Construction - Solid brick, rendered and tile-hung externally. Pitched tiled roof with dormers.

Broadband Speed - A choice of providers with claimed download speeds of up to 64 Mbps.

Mobile Signal - Most providers claim up to 4G coverage, some claim to provide 5G.

Conservation Area - The property is located within the Letchworth Conservation Area.

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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Restrictive Covenants - A restrictive covenant is a clause in an agreement that restricts, limits, prohibits, or restricts how owners can use a property. These could include: property use (e.g., business and rental use), the number and type of vehicles allowed on the property, fence height and type, removal of trees, paint colours for the front door or garage, installation of satellite dishes and even types of animals allowed at the property. For more information, please ask the agent.

Easements - Having an easement on your property means that a third party (an individual or a utility company for example) has a right to use your property for a particular purpose. This could be passing by foot or with vehicles over your property, or a right to pass service media for utilities on, over or under your property. An easement could also allow a neighbour to access your property in order to carry out repairs to their own property. For more information, please ask the agent.

Flooding - Properties can be at risk of flooding and it is important for you to check if the property has been flooded in the last 5 years, what flood defences are in place and source of any flooding. For more information, please ask the agent.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1524950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 45000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 174950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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