Chelmsford, Essex

2-bed Apartment £230,000

Property description

Agents summary

Home Partnership are pleased to offer for sale this converted fourth 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 until January 2020. This property is sopld 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.

ENTRANCE HALL

Entrance door, security entry phone system, built in cupboard, storage heater.

LOUNGE/DINER

12' 4" x 16' 1" (3.76m x 4.90m) Two windows to rear aspect, storage heater.

KITCHEN

5' 10" x 9' 1" (1.78m x 2.77m) Single drainer sink unit with cupboard below, rolledge work surfaces with drawers and cupboards below, wall cupboards, fitted oven and four ring hob with extractor hood above, space for fridge/freezer, space and plumbing for washing machine, wood laminate floor, wall mounted electric heater.

BEDROOM 1

9' 8" x 13' 4" (2.95m x 4.06m) Window to rear, electric heater.

BEDROOM 2

7' 3" x 9' 2" (2.21m x 2.79m) Window to rear aspect, electric heater.

Bathroom

Suite comprising a panelled bath , pedestal wash hand basin and low level wc, part tiled floor,extractor fan, wall mounted electric heater.

OUTSIDE

Allocated parking space


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Features

  • Rental income of £875pcm (gross yield of 4.5%)
  • Tenant in situ until January 2020
  • Internal pictures available upon request
  • 0.6 mile walk to Chelmsford Station
  • 0.6 mile walk to Bond Street shopping area
  • Fourth floor apartment
  • Separate kitchen
  • Two bedrooms
  • Allocated parking
  • 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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