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.