- 164 years remaining on lease +
- Ground floor apartment +
- 0.8 miles walk to Chelmsford train station +
- Open plan lounge/diner with doors to communal garden +
- Separate fitted kitchen +
- Residents parking +
- Good access to A12 & A414 +
- Close proximity to local amenities +
- Ideal first time purchase +
- Great investment opportunity - 5.34% rental yield +
This charming ground floor apartment in Chelmsford is the perfect opportunity for those looking for their first home or a solid investment property. With 164 years remaining on the lease, this property offers peace of mind and security for the future.
As you enter the apartment, you are welcomed into a spacious open plan lounge/diner with doors leading out to a communal garden, perfect for enjoying the outdoors on sunny days. The separate fitted kitchen provides ample space for cooking and storing essentials, making meal preparation a breeze. The property also benefits from residents parking, ensuring convenience for those with a vehicle. For commuters, the location of this flat is ideal, being just a short 0.8 mile walk to Chelmsford train station. Easy access to the A12 and A414 also make travelling by car a convenient option.
Chelmsford itself offers a wealth of amenities, with a range of shops, restaurants, and local attractions nearby. From exploring the beautiful Hylands Park to shopping at the bustling High Chelmer Shopping Centre, there is no shortage of things to do in this vibrant city.
Tenure: Leasehold
Band C is the Council Tax band for this property and the annual council tax bill is £1,852.88.
Lease length: 189 Years from 24th December 2001 (currently 164 remaining years).
Ground rent: £150 per annum which is due to increase as per the Retail Price Index
Service charge: 01/11/2024 to 31/10/2025 an amount of £1875.66. The service charge is reviewed annually.
As an integral part of the community, we've gotten to know the best professionals for the job. If we recommend one to you, it will be in good faith that they'll make the process as smooth as can be. Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200. You are under no obligation to use a third party we have recommended.
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £30 inc. VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks.
Entrance hall
Lounge/diner
5.51 m x 3.71 m (18'1" x 12'2")
Kitchen
2.77 m x 2.41 m (9'1" x 7'11")
Bedroom 1
3.30 m x 2.69 m (10'10" x 8'10")
Bedroom 2
3.17 m x 2.16 m (10'5" x 7'1")
Bathroom