Summary - 6 Old Bank Chambers, Station Place SG6 3AE
1 bed 1 bath Apartment
Smart central pad ideal for commuters or hands-off landlords seeking immediate rental income.
Chain free one-bedroom, first-floor apartment opposite Letchworth station
Open-plan kitchen/lounge, large windows, circa 452 sq ft internal space
109 years remaining on lease
Service charge approx £1,500pa; ground rent £1,200pa (notable cost)
Electric room heating; likely solid brick walls with no insulation
Recent cosmetic upgrades (hob, flooring, sink, carpet) but appliances untested
Central town-centre location with excellent transport links
Crime levels above local average; buyers should factor insurance and demand
This first-floor one-bedroom apartment occupies a prominent position in a handsome early 20th-century building directly opposite Letchworth mainline station, making it a clear option for buy-to-let investors or commuters seeking a low-effort central pad. The open-plan kitchen/lounge, generously proportioned bedroom and large windows deliver light and usable space across c.452 sq ft.
Practical facts are straightforward: the apartment is chain free and offered with 109 years remaining on the lease, but ownership carries a service charge of around £1,500 and a ground rent of £1,200 per year. Heating is electric via room heaters and walls are likely solid brick with no built-in insulation, which will affect running costs and future upgrade needs.
Internally the property has seen recent partial updates — new hob, flooring, bathroom sink and built-in storage, plus a new carpet fitted two years ago — so it is rentable with minimal cosmetic work. However buyers should note that mains services, appliances and heating arrangements have not been tested and will need independent inspection prior to purchase.
Location is the apartment’s strongest asset: immediate access to the train station, a compact town centre with shops, eateries and local amenities, and good links to the A1(M). Crime statistics are above average for the area, so longer-term lettability and insurance costs should be considered alongside rental income projections.
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