£200,000

Added < 7 days

1 bedroom flat for sale

Marconi Plaza, City Centre

Chain-free

01245 378177

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Flat

1 bed

1 bath

EPC rating: B*

492 sq ft / 46 sq m

Key information

Tenure: Leasehold | 153 yrs left

Ground rent: £240 per annum | review period: unconfirmed

Service charge: £2,715.52 per annum

Council tax: Band C

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Ask agent

Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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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

Located in the heart of Chelmsford City Centre is this well presented and modern one double bedroom apartment. The property, placed on the eight floor, boasts a clean and tidy white tiled bathroom suite, double bedroom with fitted wardrobes and an open style lounge/diner with a kitchen jutting off to the side. Within the kitchen there is a fitted fridge/freezer, dishwasher, washing machine, microwave and oven with a hob. The development promotes a secure phone entry system, concierge service available Monday-Friday and it's very own residents gym! There is also a secure underground allocated parking space.

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.

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)

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Places of interest

HOME - Chelmsford

11 Duke Street Chelmsford, CM1 1HL

01245 378177

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What is your home worth?

We're an unusual estate agent and very proud of it. It's our goal to dispel the idea that 'all estate agents are the same. We want our clients to be able to trust us, to be able to heed our advice without qualms and to feel truly comfortable when dealing with. That way we know that we’ll be adding value to every move that we’re involved in. We create lasting relationships with our clients who, more often than not, are making hugely important and deeply personal life decisions when buying, selling or renting their homes. And, above all, we’re an integral part of the community; contributing as much as we can to enhancing the local environment and really connecting with people in the area. We are your independent, boutique and personal estate agent that has you and your property at the heart of everything we do. So after 4 smashed office windows, winning multiple national awards, half a dozen soggy shoulders from clients’ tears of happiness or despair, plentiful bouquet of flowers, copious amount of chocolates, many sense of humour failures between the three business partners, very tolerant spouses, too many sleepless nights and a bucket load of hard work, from our wonderful team, to deliver great customer service, we’re still here.

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*DISCLAIMER

Property reference HCQ-77882516. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by HOME - Chelmsford.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on February 17, 2022

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on February 17, 2022

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

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.

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.