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2 Bed Flat, Single Let, Chelmsford, CM1 6QR £185,000

Foxglove Way, Chelmsford, CM1 6QR - 3 views - 7 months ago
  1. Deal Search
  2. Chelmsford
  3. CM1
  4. CM1 6QR
Sold STC
Leasehold
BTL
ROI: 5%
~68 m²

ValuationUndervalued

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Links

  • More Deals in Chelmsford
  • More Deals in CM1
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  • More Single Let Deals in Chelmsford
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Property History

Listed for £185,000

May 15, 2025

Floor Plans

Description

  • No Onwards Chain +
  • Long Lease Remaining +
  • Perfect For Buy-To-Let Investors Seeking A High Yield +
  • Landscaped Communal Gardens +
  • Residents Parking Area +
  • Easy Access To The A12 +
  • Two Spacious Bedrooms +
  • Peppercorn Ground Rent +
  • Conveniently Located Near Shops and Amenities +
  • Spacious Living Area +

Located on the first floor of a well-maintained block in the sought-after North Springfield area of Chelmsford, Foxglove Way offers a bright and spacious two-bedroom apartment ideal for both first-time buyers and buy-to-let investors seeking a high yield.

The property features an entrance hallway leading to two generously sized bedrooms, a comfortable lounge/diner, a fully functional kitchen, and a well-kept bathroom. Both the kitchen and bathroom are practical and in good working order, providing ready-to-use spaces for everyday living.

Residents benefit from attractively landscaped communal gardens, a large residents’ parking area, and access to a communal bin store.

Foxglove Way is renowned for its family-friendly atmosphere, excellent local amenities, and convenient transport links. The location offers easy access to the A12, regular bus routes to Chelmsford city centre and railway station, and direct train services to London Stratford (from 31 minutes) and Liverpool Street (from 36 minutes). Local shops, schools, and parks are all within easy reach, making this a highly desirable place to live.

This apartment is offered with no onward chain and a newly extended lease of approximately 146 years providing long-term security. The ground rent is set at a peppercorn rate, and the current annual service charge is £1,865.75 for the period 2025/26. Council tax is Band B.

With strong rental demand in the area and the potential for a high yield, this property represents an excellent investment opportunity as well as a fantastic first home in a vibrant Chelmsford neighbourhood.

Agent Details

Oakheart Property, Chelmsford, covering Witham & Braintree

01245 968086

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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