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3 bedroom terraced house for sale

Bancroft, Hitchin, Hertfordshire

Guide Price* £595,000

Property Description

Key features

  • STARTING PRICE 595,000

Full description

Tenure: Freehold

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction. Reservation Fee is in addition to the final negotiated selling price.

A lovingly restored Freehold 15th Century Grade II star listed house in the Heart of Hitchin which has been awarded a blue plaque to commemorate it’s place in the History of the town. The property Victorian infill fireplace, a beautiful kitchen & dining area with what is believed to be medieval writing on the beams, a bathroom, a separate shower room and ground floor cloakroom, spacious hallway and utility area as well as a spacious cellar. Outside there is a courtyard sitting area and off road parking for two cars behind electric gates.

Absolutely oozing charm, character & history, there remains ample includes three huge bedrooms, living room with inglenook and opportunity to re-model the cellar and the pitch of the building to create further living space. Fitted to a high standard, and beautifully presented throughout a visit is essential to soak up the unique atmosphere of modern convenience combined with Tudor Antiquity.

The house was originally part of a larger property dating from the 15th Century, and in the second half of the 16th century further adaptations were made. William Ranson, the famous founder of the firm of pharmaceutical chemists set up his own business in 1846 in the premises which stood as the gatehouse to the works. Behind the building is the attractive courtyard development of listed buildings called Ransom's Yard which also has access through the gateway to the side, and further beyond lies the rising Hermitage Hill & copse.

The present owner has completely and sympathetically refurbished the property throughout and has had the house inspected by structural engineers, and there has been replacement of several internal structural beams to ensure the property was made structurally sound and repair defective beams. A separate list detailing the full updating is available.

We believe this really is a unique opportunity to own a house of such historical importance. The property is located in the heart of the town within a short walk to the station and access to the vibrant restaurants, cafes and bars, but once within the property or your pretty courtyard you can feel pleasantly transported from the market town on your doorstep, to a time when life was a little slower and uncomplicated.....

Property ref: 121_452_4399775

More information from this agent

Listing History

Added on Rightmove:
12 April 2017


Map & Street View

Disclaimer - Property reference 4399775. The information displayed about this property comprises a property advertisement. 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 Lane & Bennetts, Letchworth. 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lane & Bennetts, Letchworth on 01462 671 000.

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