Coates Quay, Chelmsford

2-bed Apartment £130,000

Property description

Offered for sale under a SHARED EQUITY SCHEME where buyers can purchase a 50% equity share is this two bedroom ground floor apartment. The apartment is situated close to the City centre with its excellent amenities NO ONWARD CHAIN.

Property Summary
Situated close to the City centre is this two bedroom ground floor apartment being sold under a shared equity scheme where buyers are able to purchase a 50% equity share. The property is offered with no onward chain & comprises a good size lounge/diner, kitchen, re fitted bathroom & two bedrooms. To the rear there is an allocated parking space. Closeby there is an excellent selection of trendy bars, restaurants and superb shopping facilities including John Lewis.

Entrance Hall
Entrance door, storage heater, entry phone system, two built in storage cupboards, wood flooring.

Lounge/Diner 6.45m (21'2') x 3.30m (10'10')
A dual aspect room with double glazed windows to front & rear aspect. Storage heater, wood flooring.

Kitchen 2.97m (9'9') x 1.88m (6'2')
Single drainer sink unit with cupboard below,rolledge work surfaces with drawers & cupboards below. Wall cupboard, fitted oven & four ring hob with extractor hood above. Plumbed for washing machine & space for fridge/freezer. Double glazed window to rear aspect.

Bedroom 1 3.56m (11'8') x 3.12m (10'3')
Double glazed window to front aspect.

Bedroom 2 3.35m (11'0') x 1.98m (6'6')
Double glazed window to front aspect

Refitted with a white suite comprising panelled bath with shower attachment & screen, low level wc & vanity unit, part tiled, wall mounted Dimplex heater. Obscure double glazed window to rear aspect.

To the rear of the apartment there is an allocated parking space along with visitors parking.

Agents Notes
Full Market Value £260,000
50% Share equates to £130,000
Monthly rent on remaining share £223
Annual service charge £131.19
Lease Term 78 years remaining

Applicants must not have an income of more than £80,000 pa.
Other criteria may apply.

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  • 50% Shared Ownership Scheme
  • Remaining rent £223
  • No onward chain
  • Lounge/Diner
  • Two bedrooms
  • Kitchen
  • Refitted bathroom
  • Allocated Parking
  • Close to City Centre
  • Riverside location


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11 Duke Street
01245 250 222

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