1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (119 years remaining)
- Extended lease with 119 years remaining
- No onward chain
- Superb investment currently achieving £900pcm at 4.87% NET Yield
- Modern re-fitted kitchen
- Re-fitted bathroom
- New electric radiator heating
- Superbly presented throughout
- Security entry phone system
- Approx. 1 mile to Chelmsford station
- Overlooking green to the front
Situated within a mile of the City centre and within walking distance of Central Park which is a beautiful open space next to the river with an ornamental lake, children's play area and weekly park runs. The City centre offers 2 shopping malls and a busy high street with many national and international stores as well as a thriving international market. The Bond Street Shopping area has a John Lewis Department Store and an Everyman Cinema. Essex County Cricket club is under a mile away and is located next door to Central Park. Chelmsford Railway Station has trains to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
Tenure: Leasehold
Band B is the Council Tax band for this property and the annual council tax bill is £1,547.28
Lease length: 125 years from 10/10/2018, expiring on 9/10/2143. 119 years remaining.
Ground rent: £250 per annum and is reviewed every 20 years of the term. The vendor is currently progressing a deed of variation regarding the ground rent terms.
Service charge: £1768.88 for 1/11/2023 to the 31/10/2024. The service charge is reviewed annually.
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Rooms
Entrance Hall
Lounge 4.29m x 3.15m (14ft x 10ft 4in)
Kitchen 3.38m x 1.83m (11ft 1in x 6ft)
Bedroom 3.84m x 2.46m (12ft 7in x 8ft)
Bathroom
Outside
Property information from this agent
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
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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 November 15, 2022 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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