Skip to content

Norton Way South, Letchworth Garden City

Description

An exciting, investment opportunity to purchase this block of five, flats located in an enviable position within the popular town of Letchworth. The building consists of a mix of five residential one and two bedroom flats, four of the flats are currently held on Assured Shorthold Tenancies, providing investors an immediate return . The site also has the potential for further development subject to the necessary planning consents.

Being sold by informal tender with best and final offers by a fixed date (to be confirmed). On completion of the sale a new ground lease of 999 years will be granted to the purchaser.
To register your interest please contact our office and we will be able to provide a full suite of documents in relation to the proposed sale and the existing tenancies.
Viewings by appointment only

Flat One - Two bed ground floor flat of approximately 716 sq ft. Being sold with vacant possession. In need of modernisation. EPC rating 66-76 Band D.

Flat Two - Two bedroom first floor flat of approximately 719 sq ft. Currently rented out with a tenant paying £875.00 PCM. EPC rating 71 - 82 Band C.

Flat Three - Two bedroom top floor apartment presented in good order throughout approximately 639 sq ft. Currently rented out with a tenant paying £820.00pcm. EPC rating 59 - 77 Band C.

Flat Four - One bedroom ground floor flat of approximately 641 sq ft. Currently rented out with a tenant paying £500.00 PCM. EPC rating 59-77 band D.

Flat Five - One bedroom second floor flat of approximately 524 sq ft. Currently rented out with a tenant paying £780.00 PCM. EPC rating 68-76 Band D.

External Areas - There are parking areas to the front of the building providing spaces for approximately 5 vehicles. There is a single garage and some ancillary storage

Gardens - The mature gardens to the rear of the building are laid to lawn with mature borders. This area is currently used in common by the existing tenants .

Tenure - A new 999 year leasehold interest is being offered for sale. The Freeholder owner is Letchworth Garden City Heritage Foundation.

Planning - There is potential to extend the building, such development will be subject approval by the Freeholder and will need to be carefully designed in accordance with the Letchworth Garden City Heritage Foundation's Design Principals.' The Property is within the Letchworth Conservation Area, Heritage Character Area and is designated Home of Special Interest.

Council Tax - All 5 properties are held under council tax Band B £1708.59 for the period 2024/25

Viewings - Strictly by appointment only / open days to be confirmed contact the office on

Offers - All offers will be requested in writing . Proof and method of funding will be requested before offers are considered by our client.

Brochures

Norton Way South, Letchworth Garden CityBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Norton Way South, Letchworth Garden City

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Letchworth Station0.2 miles
  • Baldock Station1.8 miles
  • Hitchin Station2.5 miles
Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwide
Recently sold & under offer
See similar nearby properties

About the agent

Sheridans, Shefford

22 High Street, Shefford, SG17 5DG

Sheridans, Shefford

We are an independent firm of estate agents and have been established in Shefford for over thirty years.

We specialise in residential, commercial sales and property management, which includes the letting of residential properties and the block management of flats in South and Mid Beds and Herts.

We pride ourselves on our levels of customer care and our detailed working knowledge of the local area.

This together with our vastly experienced staff goes to provide the service th

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 33136928. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sheridans, Shefford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.