1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (153 years remaining)
- 8th floor apartment
- Excellent buy to Let net yield at 4.82%
- All white bathroom suite
- Short walk to local amenities
- No onward chain
- 2 minute walk to Chelmsford station
- 21ft balcony
- Residents gym & concierge service
- City centre apartment
- Secure underground parking
Kings Tower offers a wide variety of nearby shops, eateries and places to drink as you are spoilt for choice with 3 well populated shopping centres, a high street full of different attractions and a local parade of shops surrounding the bus station beneath Kings Tower. With the train station being opposite, you are able to commute to London incredibly conveniently Chelmsford Station connects to London Liverpool Street with approximately a 36 minute journey time.
Tenure: Leasehold
Band C is the Council Tax band for this property and the annual council tax bill is £1660.00
Lease length: 153 years remaining and new from September 26th 2008 up to and including March 31st 2161.
Ground rent: £240 per annum and increases every 25th anniversary of the term and calculated with the following formula; R = (P X 0.12%) + (Q X 0.06%) where R is the annual rent rounded up or down to the nearest whole pound, P is the Premium or £200,000 (Whichever is the lesser amount) and Q is equal to the amount by the which the Premium exceeds £200,000 is the Premium is more than £200,000 but otherwise has no value.
Service charge: For 01/04/2024 to 31/03/2025 is £2,715.52. It is paid twice per year on: 1/4, 1/10 respectively.
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.
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Rooms
Ground Floor
Communal Entrance
Residents Gym
Eight Floor
Entrance Hall
Lounge/Diner
13' 5" x 10' 8" (4.09m x 3.25m)
Kitchen
Bedroom
11' 9" x 8' 6" (3.58m x 2.59m)
Bathroom
Outside
Balcony
21' 0" x 3' 9" (6.40m x 1.14m)
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on February 17, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 17, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 8, 2018 from 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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