A modern one double bedroom top floor apartment which is available to purchase under a shared ownership scheme with the Chelmer Housing Partnership. Buyers are able to purchase a 50% share of the property, (£100,000) with monthly rent of £292 being paid to CHP on the remaining 50%. The full market value being £200,000. The accommodation comprises an entrance hall with security entry phone system and a door leading to a good sized lounge/diner with a window overlooking Bond Street to the front aspect. Leading of this room there is a fitted kitchen with a Smeg oven and hob and an integrated fridge/freezer. In addition to this there is a double bedroom with a built-in wardrobe and a bathroom WC. The property has gas fired radiator central heating and is double glazed throughout. The current owner pays £30 per week for a car parking season ticket in Waterloo Lane.
The property is located in the heart of the City Centre and just a stones throw away from the popular John Lewis store and Bond Street shopping centre which has a wide range of restaurants and an Everyman cinema. Chelmsford City Centre also boasts two further shopping centres which are both just a short walk from the apartment. Just under half a miles walk away is the conveniently located Chelmsford station which is perfect for commuters travelling to London Liverpool Street; approximately a 36 minute journey time.Entrance Hall Lounge/Diner
10' 6" > 9'6" x 23' 8" (3.20m x 7.21m)Kitchen
5' 11" x 11' 2" (1.80m x 3.40m)Bedroom
9' 5" x 12' 8" MAX (2.87m x 3.86m)Bathroom
Band C is the Council Tax band for this property and the annual council tax bill is £1,700.24.
Lease length: 99 years from 01 01 2006, expiring 31 12 2105.
Ground rent: £150 p.a for the first 25-year period, £250 for the next 25-year period and £350 for the remainder of the term.
Service charge: For 01 01 2021 to 31 12 2021 is £711.00. The service charge is reviewed annually
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11 Duke Street
01245 250 222