1 Bed Flat For Sale Broomfield Road, Chelmsford, CM1

£200,000- Flat

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 30th March 2024

Description

This well maintained one-bedroom apartment boasts an ideal location in close proximity to the city centre. Situated within a well-kept modern development, it presents an excellent opportunity for first-time buyers or those looking to make a savvy buy-to-let investment.

The interior features a chic and contemporary design, with an open-plan living area that seamlessly integrates a modern fitted kitchen complete with a built-in cooker, hob, and fridge freezer. The generously sized bedroom includes built-in wardrobes, and there is a modern family bathroom.

Beyond the interior, this apartment offers added convenience with secure underground parking, communal spaces, and bike storage facilities. Additionally, the property is equipped with gas central heating and double-glazed windows for comfort and energy efficiency.

Chelmsford is located just 30 miles northeast of London, making it a convenient option for those who work in the capital city but prefer a quieter and more suburban lifestyle. The easy commute to London by train, typically taking less than 40 minutes, is a major draw.

Chelmsford has a growing and diverse economy with a range of job opportunities in various sectors, including technology, healthcare, finance, and education. The city is home to several technology and research parks, including the Anglia Ruskin University Chelmsford campus.

The city boasts a rich history and offers cultural attractions like museums, galleries, and historic sites. Bond Street, a modern shopping and leisure development, is also a popular destination.

Chelmsford benefits from excellent transportation links. In addition to its train connections to London, it has easy access to major roadways like the A12 and the M25 motorway, making it well-connected by car.

Chelmsford is often ranked as one of the best places to live in the UK due to its combination of economic opportunities, good schools, access to nature, and a relatively lower cost of living compared to London.\r
\r
Leasehold Information\r
\r
Number of years remaining on the lease: 118 years\r
\r
Current ground rent and any review period:\r
- £400 per year\r
- 36 years\r
\r
Current service charge and any review period: \r
- £1,500 per year\r
- 36 years\r
\r
Council tax band: B
Agent Details
Keller Williams Plus
Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£200,000
Chelmsford, CM1
Flat
9.6
£200,000
Chelmsford, CM2
Apartment
9.4
£180,000
Chelmsford, CM1
Apartment
8.8
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested