Newland Spring, Chelmsford, Essex

2-bed Maisonette £110,000

Property description

Agents summary

First floor two bedroom maisonette located in a small and well kept retirement development for the over 55's. Inside, on the ground floor there is an entrance lobby with stairs and stair lift to the first floor, spacious and bright lounge/diner, kitchen, two bedrooms both with built in wardrobes and a walk in shower room. Outside, there is an external storage cupboard, residents lounge and laundry room with plenty of on site parking for residents and visitors. The property is being offer for sale with no onward chain and will benefit from a surrender and re-grant - 99 year lease at the point of purchase.

Area information

Newland Spring is located North of the City Centre and is located around 2.5 miles drive to Chelmsford Station. The nearest bus stop is just a short walk away where you can catch the number 56 Bus to Chelmsford bus station in as little as 15 minutes, traffic dependent with the services running every 20 minutes. Within half a mile there is a Morrisons Superstore. This small development is located in the centre of a residential area with a choice of property styles from apartments up to detached houses. 

Ground floor

Ground floor

uPVC double glazed entrance door, stairs leading to the first floor with electric stairs lift to remain if needed.

First floor

Landing

Radiator, double linen cupboard.

Lounge/diner

15' 9" x 11' 5" (4.80m x 3.48m) Two uPVC double glazed windows to front, radiator, storage recess over stairs, coved ceiling.

Kitchen

10' 2" x 6' 6" (3.10m x 1.98m) Stainless steel single drainer sink unit, roll-edged work surfaces with a range of cupboards and drawers below, space for a cooker and fridge/freezer, wall mounted boiler, radiator, uPVC double glazed window to side.

Bedroom 1

9' 4" x 12' 1" (2.84m x 3.68m) uPVC double glazed window to rear, radiator, built in double wardrobe.

Bedroom 2

7' 4" x 8' 6" (2.24m x 2.59m) uPVC double glazed window to rear, radiator, built in double wardrobe, coved ceiling.

Shower room

White suite comprising: Walk in shower with grab rails, and pull down seat, low level w.c., pedestal wash hand basin, radiator, extractor.

Outside

The development is set within well kept communal gardens with a residents lounge and laundry room, there is also ample on set parking for residents and visitors.

Leasehold information

The asking price of £110,000 represents a 70% share of ownership with no rent payable to Home Group for their 30% share
Service charge £431.28 per quarter
Surrender and re-grant lease- 99 year lease issued at the point of purchase

Application process

If you are interested in buying this home, you will need to meet an affordability assessment and the independent living criteria. Details of which will be advised as required.

All prospective buyers must attend an interview with a Home Group representative and complete an application form to confirm their eligibility to purchase and will need to demonstrate they can afford the costs associated with owning and meet the terms of the scheme criteria.


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Features

  • A small retirement development for over 55's
  • 70% share of ownership with no rent payable on the 30%
  • First floor with stair lift to remain
  • No onward chain
  • Residents lounge & laundry room
  • uPVC double glazed windows and entrance door
  • Gas fired central heating by radiators
  • Two bedrooms
  • External storage cupoard
  • Plenty of residents & visitors parking

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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