Chelmsford, Essex

2-bed Apartment £230,000

Property description

Agents summary

Home Partnership are pleased to offer for sale this converted third floor apartment with lifts and stairs to all floors.  This is one of four 2-bed flats the vendor is selling so there is potential for a ready made investment portfolio, all within a stone's throw of each other in the heart of Chelmsford. The accommodation comprising an entrance hallway, lounge, kitchen, two bedrooms and a bathroom. Externally, the property has an allocated parking space. The property will only be only be available for investors as being sold with a tenant in situ who is about to renew until November 2021. This p[roperty is sold with a share of the freehold.

Area information

Ideally situated for a buy to let property being within walking distance of the train station with trains to London Stratford from 31 minutes and Liverpool Street from 36 minutes. The High Street is positioned just 0.6 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.

Third Floor

Entrance Hall

Entrance door, wood laminate floor, entry phone system, storage heater, built in airing cupboard.

Lounge/Diner

15' 11" x 12' 3" (4.85m x 3.73m) Wood laminate floor, secondary double glazed window to rear aspect, storage heater.

Kitchen

5' 10" x 9' 11" (1.78m x 3.02m) Single drainer sink unit with cupboard below, rolledge work surface with drawer and cupboard below, wall cupboard, space and plumbing for washing machine, fitted oven and four ring hob with extractor hood above, wall mounted electric heater.

Bedroom 1

9' 7" x 13' 4" (2.92m x 4.06m) Secondary double glazed window to rear, wood laminate floor,m electric heater.

Bedroom 2

9' 6" x 7' 2" (2.90m x 2.18m) Secondary double glazed window to rear aspect, wood laminate floor, electric heater.

Bathroom

Suite comprising a panelled bath with shower attachment and screen, low level wc and pedestal wash hand basin, part tiled, extractor fan, electric heater.

Outside

There is one allocated parking space.


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Features

  • Tenant in situ until November 2021
  • Currently paying £900pcm (gross yield 4.5%)
  • Internal pictures available upon request
  • 0.6 mile walk from railway station
  • 0.6 mile walk to Bond Street shopping area
  • Third floor apartment
  • Two bedrooms
  • Separate kitchen
  • Share Of Freehold

Information

Calculate Your Stamp Duty

£

Results

Stamp Duty To Pay
£10,000.00
Effective Rate
2.5%
Tax Band % Taxable Sum Tax

Contact

Chelmsford
11 Duke Street
CM1 1HL
01245 250 222

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