2-bedroom flat · SG6 3EP
For saleReduced £10k (−3.3%) on 23 SepListed 270 days
Opportunity summary
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About
Summary *** town centre location *** Offered to the market is this fantastic newly built apartment positioned within the heart of Letchworth Town Centre.
The property benefits from an entrance hall, open plan living area, two bedrooms, bathroom, en-suite to master, and allocated parking. Description Letchworth Garden City:...
Letchworth is the world's first Garden City that was founded by Ebenezer Howard in 1903, with a vision that would relieve the poverty and slum conditions suffered by so many within the late Victorian era.
With a dream of Garden Cities where the best elements of town and country would be combined from the town in order to be used to benefit the ordinary townspeople.
Now more than 100 years on, the Estate is now managed by the Heritage Foundation.
Location: - Approximately 2 minutes walk to Letchworth train station - 29 minutes direct train line to London King's Cross - Access to more than one train provider (Great Northern for Kings Cross & Thameslink for St Pancras) Education: - Eleven schools provide a mix of infant, junior and primary level education.
- A specialist primary school for children with moderate learning difficulties. - Two secondary schools, The Highfield School (Science Specialist) and Fearnhill School (Maths and Computing College).
- Two independent schools, St Christopher School and St Francis' College. Leisure Facilities: - 13.6 mile Garden City Greenway - Letchworth's circular walk and cycle path. - Standalone Farm.
- First Garden City Heritage Museum. - Health & Fitness - Outdoor and indoor swimming pools, North Herts Leisure Centre, Nuffield Health Club, Spirella Fitness and more...
- Sport - Over 20 Garden City clubs, football, rugby, badminton, running club and more...
Internal Entrance Hall Laminate flooring laid throughout, large built-in cupboard with washing machine, and radiator fitted.
Kitchen/Lounge/Diner Intercom entry system, fitted suite comprising of a selection of white wall and base units with worktop surround, integrated cooker with electric hob, fridge freezer, dishwasher, and microwave, 1.5 sink-drainer, part-tiled walls in the kitchen area, laminate flooring laid throughout, two double glazed windows, and two radiators fitted.
Bedroom One Double glazed window, laminate flooring laid throughout, TV-point, and radiator fitted.
En Suite Fitted suite comprising of a shower cubicle, WC, wash-hand-basin, heated towel rail, with tiled walls and flooring laid throughout.
Bedroom Two Double glazed window, laminate flooring laid throughout, wardrobe, and radiator fitted.
Bathroom Fitted suite comprising of bath tub with shower over, WC, wash-hand-basin, heated towel rail, large fitted wall mirror, extractor fan, and tiled walls and flooring laid throughout.
Parking One allocated parking space.
Agent Notes: Tenure: Leasehold Length of Lease: 169 years from 2019,161 years remaining Annual Ground Rent and Service Charge: £1230 combined (Vendor advises) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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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 Apartment 35, 25, Leys Avenue, LETCHWORTH GARDEN CITY
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