2 Bed Flat, Motivated Seller, Chelmsford, CM1 1GN £240,000

2-bed second floor apartment Wells Cresent Chelmsford Essex CM1 1HL - 7 days ago
Sold STC
Leasehold
Negative Equity
Motivated
~68

Property History

Listed for £240,000

-15%

February 4, 2026

Sold for £275,000

2022

Sold for £240,000

2014

Sold for £242,500

2012

Sold for £250,000

2007

Floor Plans

Description

  • 898 sqft of accommodation +
  • 0.1 mile to Chelmsford train station +
  • Two double bedrooms, both with fitted wardrobes +
  • Ensuite to master bedroom +
  • Secure underground allocated parking +
  • Communal first floor terrace +
  • Concierge service +
  • Private residents gym +
  • 135 years remaining on the lease +
  • Priced to sell! +

This 2 double bedroom apartment the heart of the city centre is the ideal first time purchase or investment opportunity. Situated just 0.1 mile from Chelmsford train station and having an impressive 898 sqft of accommodation, this property offers convenient access to transportation for commuters.

Both bedrooms in this flat feature fitted wardrobes, with the master bedroom having the added luxury of an ensuite bathroom. The property also boasts secure underground allocated parking, a communal first floor terrace, and a concierge service for added convenience. Residents of this flat have exclusive access to a private gym, perfect for those looking to stay active without having to leave the building. With 135 years remaining on the lease, buyers can have peace of mind knowing they have a long-term investment.

Chelmsford is a vibrant city with plenty to offer residents. From shopping and dining in the city centre to exploring the nearby parks and nature reserves, there is something for everyone to enjoy.

With its unbeatable location, modern amenities, and no onward chain, this flat is truly a fantastic opportunity for buyers looking to make a move into this bustling city.

Tenure: Leasehold

Band E is the Council Tax band for this property and the annual council tax bill is £2,649.57

Lease length: 154 Years from 3rd January 2007 and expires 31st March 2161. There are 135 years remaining.

Ground rent: £270 per annum. The ground rent will be reviewed alongside the RPI index.

Service charge: £4,421.80 per annum from 01/10/2024 to 30/09/2025, paid in two half yearly advance instalments of £2,210.90. The service charge is reviewed annually.

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Agent Details

APARTMENTS By HOME Partnership, Chelmsford

01245 823817

Next Steps?

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

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