2-bedroom flat · SG6 3PW
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Impressive purpose-built top floor apartment set in landscaped grounds of over 3½ acres • Garage en bloc • Enviable location The Property - This spacious modern apartment is located of the top floor of a purpose-built three-storey block, forming part of the complex built in the grounds of Sollershott Hall, one of the most notable early Garden City buildings.
It provides a large reception room with sitting and dining areas and balcony, kitchen with induction hob, two double bedrooms and a bathroom that has been freshened up with contemporary fittings .
It also has a store room off the communal landing, which has been very successfully repurposed as an office or study.
The apartment benefits from uPVC double-glazed windows and its own independent gas fired central heating system.
The Outside - The apartment is set in the attractively landscaped and very well maintained grounds of Sollershott Hall which extend to in excess of three and a half acres.
The communal gardens are laid to extensive lawns with herbaceous beds and borders, ornamental shrubs and numerous mature trees and conifers.
The apartment benefits from a single garage en bloc and there is parking for residents and visitors within the grounds.
The Location - Sollershott Hall occupies a premier residential location on the favoured south side of the town.
It is just half a mile from the town centre and within three-quarters of a mile of the mainline railway station.
Letchworth Garden City is on the London to Cambridge mainline and regular services run throughout the day.
The fastest service to London King's Cross takes just 29 minutes and Cambridge is 27 minutes away in the other direction. Junction 9 on the A1(M) is 1.8 miles away by car.
Designed in the early 20th Century to combine the benefits of town and country, Letchworth Garden City was the world’s first example of this concept and succeeds to this day in achieving its aim.
It provides excellent schools, shops, green open spaces and leisure facilities. Tenure - LEASEHOLD with a share of the FREEHOLD. 990 year lease with 913 years unexpired.
Current Service Charge: £1,911.60 pa with no separate Ground Rent. Construction - Modern cavity wall under a flat roof.
Services - Mains water, sewerage, gas and electricity are connected to the property. 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 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.
Tel: 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.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Sollershott East, Letchworth Garden City
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