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£1,450,000 Guide Price
Bedrooms
Bathrooms
Superb Grade II listed Arts & Crafts home designed in 1909 by Wilson Bidwell of Bennett & Bidwell for his own occupation Many fine original features including exposed timbers, inglenook fireplace and wide doors Delightful gardens extending to over a quarter acre Garage and off-street parking Pleasant and desirable situation in tree-lined avenue
The Property - The architectural partnership of Bennett & Bidwell was second only to Parker & Unwin themselves in importance to the Garden City project and this delightful example of the Arts & Crafts style dating from 1909 was designed by Wilson Bidwell for his own occupation. This exceptionally fine detached house fully retains its original charm and character with a wealth of exposed timbers, inglenook fireplace to the sitting room and period fireplace to the dining room.
The house provides the spacious and versatile accommodation required for an outstanding family home, with a study, kitchen/breakfast room and cloakroom/WC on the ground floor, in addition to the two principal reception rooms. A laundry and garden room are attached to the rear of the detached garage. The first floor includes four double bedrooms, with an en suite to the master, and a well-appointed family bathroom. Both the en suite and the bathroom boast both shower and bath.
The house benefits from secondary double-glazing to the original mullioned windows with leaded-lights, impressively wide doorways and gas fired central heating. The boiler is located in the loft.
The Outside - The house is set in a fine plot of over a quarter of an acre, measuring approximately 118 by 108 (35.9m x 33.1m) overall. The front garden is laid to lawn with herbaceous borders and ornamental shrubs and trees. The driveway provides off-street parking and leads to the garage with its power operated up-and-over door.
A passageway between the house and garage leads to the delightful split-level rear garden, which faces south and west and is some 60 (18.4m) in depth. The garden is laid to lawn with paved terraces and patios, brick paved patio, impressive pergola with climbers including grape vine and wisteria, herbaceous borders, fruit trees and ornamental shrubs and trees, including fine Japanese acers.
There is a timber garden shed and a screened area for composting and other garden work.
The Location - Willian Way is an attractive tree-lined residential avenue on the south side of the town. The house is just over half a mile from the town centre and three-quarters of a mile from the mainline railway station. 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 1.3 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 Christopher School being just a third of a mile away, St Francis College half a mile and the Highfield School and St Thomas More Primary School both within a mile. The Lordship Farm Primary School is two-thirds of a mile away.
Listed Property - Grade II.
Services - Mains water, sewerage, gas and electricity are connected to the property.
Construction - Cavity brickwork, mostly roughcast rendered externally. Pitched tiled roof.
Broadband Speed - A choice of providers with claimed download speeds of up to 1,000 Mbps.
Mobile Signal - Most providers claim up to 5G coverage.
Conservation Area - The property is not located within a 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.
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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