This property has been taken off the market.

1 Bed Flat For Sale Burgess Springs, Chelmsford, CM1

£245,000- Flat

1 of 11
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 18th April 2024

Description

This well presented second floor apartment offers a fantastic opportunity for those looking for a modern and spacious one bedroom property. Situated in a highly sought-after location, residents of this apartment also have access to communal gardens. The fitted kitchen/living area comes equipped with appliances and has access onto a balcony. The double bedroom has a built in wardrobe. This property also offers secure allocated parking, ensuring convenience for residents who have a car. \r
\r
Ideally situated within walking distance of the train station with an approximate 31 minute commute to London Stratford and 36 minutes to London Liverpool Street. The High Street is positioned just 0.4 miles away which offers access to three shopping complexes including the vibrant Bond Street area where you will find an array of river fronted restaurants, designer outlets, a John Lewis store and an Everyman cinema. By road, the A12 provides direct access into London and links to the M25 at Junction 28, while the A414 joins the M11 at Junction 7. Both Southend and Stansted Airports are approximately half an hour away by car.\r
\r
Tenure: Leasehold\r
\r
Band C is the Council Tax band for this property and the annual council tax bill is £1,768.32\r
\r
Lease length: 125 years from 1/10/2017, expiring on 30/09/2142.\r
\r
Ground rent: £100 per annum and is reviewed every 25 years of the term. \r
\r
Service charge: £2,440.56 For 1/4/23 to 31/03/24. The service charge is reviewed annually. \r
\r
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. \r
\r
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £30 inc. VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks.

Entrance Hall

Living/Kitchen area
4.72 m x 4.17 m (15'6\" x 13'8\")

Bedroom
3.20 m x 2.69 m (10'6\" x 8'10\")

Bathroom
Agent Details
HOME
11 Duke Street Chelmsford CM1 1HL

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
9.5
£170,000
Chelmsford, CM1
Flat
8.6
£120,000
Chelmsford, CM2
Apartment
8.4
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