1 bedroom flat for sale

Welcome to this fantastic apartment located in the sought-after city centre of Chelmsford. The property is situated within a well-maintained development and benefits from a security entry system for added peace of mind.



Upon entering the flat, you will find a spacious living room with doors leading out onto a patio area, perfect for al fresco dining or simply relaxing in the sunshine. The separate fitted kitchen offers plenty of storage space and modern appliances. One of the standout features of this property is the allocated parking space, ensuring you always have a convenient place to park your car.



Located just 0.8 miles from Chelmsford Train Station, this flat is ideal for commuters looking to travel into London or other nearby cities. With 104 years remaining on the lease and a ground rent of just £225 per year, this property offers a great investment opportunity for first-time buyers or investors.



Chelmsford itself is a vibrant city with plenty to offer residents. Known for its excellent shopping and dining options, as well as a rich cultural scene, there is always something to see and do. Why not explore the historic Chelmsford Cathedral, take a stroll through Central Park, or catch a show at the Civic Theatre.



Tenure: Leasehold



Lease Length: 125 year lease from 25th March 2005. 105 years remaining



Current Ground Rent: £225 PA



*Current Ground rent review terms:

£225 PA for the first 25 years of term

£450 PA for the 2nd 25 years

£675 PA for the 3rd 25 years

£900 PA for the 4th 25 years

£1125 PA for the 5th 25 years



Service Charge: £1804.43 PA



Council Tax: The Council tax for this property is band C with an annual amount of £1,926.96



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