Historic Grade II-listed TOWER in Northampton up for auction for £225k

Historic Grade II-listed TOWER in Northampton up for auction for £225k

A Grade II-listed tower in Boughton, Northamptonshire, is going up for auction with a guide price of £225,000 to £250,000. 

The converted eighteenth century Hawking Tower was built as a folly by the Second Earl of Strafford and Wentworth. 

The property overlooks Boughton Park in Northamptonshire, which is a stone’s throw from the Boughton House stately home where William III once stayed. 

Its construction was mentioned in a letter to Whig politician and author, Horace Walpole, in 1756. 

Hawking Tower is in need of renovation and is being offered with vacant possession, having been let until February 2024. 

The property, which is being sold at auction via Auction House on 30 April, has a living room, kitchen, two bedrooms, a shower ensuite and a further bathroom. 

Buy me: Hawking Tower is going up for auction via Auction House on 30 April 

Hawking Tower, which stands in lawned gardens, also comes with a detached single garage and an off-road parking space. 

The property is approached by a flight of stone steps with a pathway leading to the side of the tower and giving access to the kitchen door. 

With its studded arch doorways and exposed oak beams, a spiral staircase and original windows, Hawking Tower could prove the perfect pad for a history buff. 

Auction House said: ‘The property is constructed primarily of coarsed ironstone with Ashlar dressings and is arranged over three floors with a castellated roof with conical corner finials surmounted by a wrought iron weather vane. 

‘There are numerous gothic arched mullioned leaded light windows together with unusual four leaf clover shaped windows to the second floor elevations.’

The property’s garden backs onto the park, which can be accessed by stone steps, and there is fencing marking the boundary and offering buyers more privacy. 

Get imaginative: Hawking Tower is going up for auction with a guide price from £225,000

Get imaginative: Hawking Tower is going up for auction with a guide price from £225,000 

Previous use: The two-bedroom property was let up until February 2024

Previous use: The two-bedroom property was let up until February 2024

Project: Hawking Tower is in need of renovation and is being offered with vacant possession

Project: Hawking Tower is in need of renovation and is being offered with vacant possession

Features: Hawking Tower has unique four leaf clover shaped windows

Features: Hawking Tower has unique four leaf clover shaped windows

History: Hawking Tower was built as a folly by the Second Earl of Strafford and Wentworth

History: Hawking Tower was built as a folly by the Second Earl of Strafford and Wentworth

It's listed: Prospective buyers should note that Hawking Tower is Grade II-listed

It’s listed: Prospective buyers should note that Hawking Tower is Grade II-listed 

Your ideal home? Hawking Tower could prove the perfect pad for a history buff

Your ideal home? Hawking Tower could prove the perfect pad for a history buff

Construction: The property is constructed primarily of coarsed ironstone

Construction: The property is constructed primarily of coarsed ironstone

Options: The buyer of Hawking Tower will be able to put their own stamp on it

Options: The buyer of Hawking Tower will be able to put their own stamp on it

Plenty of space: Hawking Tower also comes with a single garage and off-road parking space

Plenty of space: Hawking Tower also comes with a single garage and off-road parking space 

Credentials: Hawking Tower was mentioned in a letter to Whig politician and author, Horace Walpole, in 1756

Credentials: Hawking Tower was mentioned in a letter to Whig politician and author, Horace Walpole, in 1756

What a view: The property overlooks Boughton Park in Northamptonshire

What a view: The property overlooks Boughton Park in Northamptonshire

Buying a Grade II-listed property – what to know

A listed house or listed building is a property placed on a national register of buildings with historical or architectural importance. 

The list is aimed at protecting these buildings and maintaining them for future generations. 

Generally, a Grade I-listed property will have more restrictions than one that is Grade II-listed. Many listed properties are steeped in history and packed with quirks and character.  

However, listed properties are protected by law, meaning buyers will require listed-building consent in addition to planning consent to make any changes, whether to the interior or exterior. 

Anyone buying a listed property needs to be aware of the potential challenges and additional costs involved. 

Features deemed significant in the National Heritage List will not be able to be altered.

The local council’s conservation officer will be able to inform you about the changes that can and cannot be made to the property. 

Maintenance costs for listed properties can be high, particularly if specialist trades are required. 

If buying a listed property, it is also essential to read any home insurance policies properly and ensure it covers the full cost of repairing the property. 

How to find a new mortgage

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon as possible.

Quick mortgage finder links with This is Money’s partner L&C

> Mortgage rates calculator

> Find the right mortgage for you 

What if I need to remortgage? 

Borrowers should compare rates, speak to a mortgage broker and be prepared to act.

Homeowners can lock in to a new deal six to nine months in advance, often with no obligation to take it.

Most mortgage deals allow fees to be added to the loan and only be charged when it is taken out. This means borrowers can secure a rate without paying expensive arrangement fees.

Keep in mind that by doing this and not clearing the fee on completion, interest will be paid on the fee amount over the entire term of the loan, so this may not be the best option for everyone. 

What if I am buying a home? 

Those with home purchases agreed should also aim to secure rates as soon as possible, so they know exactly what their monthly payments will be. 

Buyers should avoid overstretching and be aware that house prices may fall, as higher mortgage rates limit people’s borrowing ability and buying power.

How to compare mortgage costs 

The best way to compare mortgage costs and find the right deal for you is to speak to a broker.

This is Money has a long-standing partnership with fee-free broker L&C, to provide you with fee-free expert mortgage advice.

Interested in seeing today’s best mortgage rates? Use This is Money and L&Cs best mortgage rates calculator to show deals matching your home value, mortgage size, term and fixed rate needs.

If you’re ready to find your next mortgage, why not use L&C’s online Mortgage Finder. It will search 1,000’s of deals from more than 90 different lenders to discover the best deal for you.

> Find your best mortgage deal with This is Money and L&C

Be aware that rates can change quickly, however, and so if you need a mortgage or want to compare rates, speak to L&C as soon as possible, so they can help you find the right mortgage for you. 

Mortgage service provided by London & Country Mortgages (L&C), which is authorised and regulated by the Financial Conduct Authority (registered number: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage 

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