Durrant Court, Chelmsford

2-bed Apartment £210,000

Property description

***ATTENTION INVESTORS!***
SECOND FLOOR apartment within the historic DURRANT COURT development close to Chelmsford City Centre, being offered WITH A TENANT IN PLACE.

Agents summary
Home Partnership in Chelmsford are offering an opportunity to purchase a property where there is already a tenant in place currently paying £825pcm. This apartment has a separate study which can easily be converted to a second bedroom as is the trend within this particular development. There is a secure entry system into the communal entrance with lifts and stairs to all floors, as well as an on site caretaker Monday-Friday. In addition there is a lounge, separate kitchen and bathroom. Outside there is a secure car park for residents.

Area information
Durrant Court dates back to the 19th century when the building was originally Hoffmans which was the first ball bearing factory in the UK. Each apartment has retained the wonderful high ceilings and original large windows. Conveniently located in the heart of the rapidly expanding City of Chelmsford and within a 0.6 mile walk of the station as well as being next to the Anglia Ruskin University.

Communal entrance
Secure entry system, lifts and stairs to all floors.

Entrance Hall
Electric heater, storage cupboard.

Kitchen 1.80m (5'11') x 3.05m (10'0')
Range of eye and base level units, roll edge work surfaces with inset single drainer stainless steel sink unit, built in oven and hob with extractor over, space for washing machine and fridge freezer, part tiled walls, smooth ceiling.

Lounge 3.91m (12'10') x 3.61m (11'10')
Two windows to front with secondary double glazing, electric heater, smooth and coved ceiling.

Study / Bedroom 2 2.11m (6'11') x 2.79m (9'2')
Window to front with secondary double glazing, electric heater, smooth and coved ceiling.

Please note: In order of this to be classified as a bedroom, an alteration to the existing archway is needed to construct a stud wall with an internal door.

Bedroom 4.11m (13'6') x 2.69m (8'10')
Window to front with secondary double glazing,electric heater, smooth and coved ceiling.

Bathroom
White suite comprising; Panelled bath with shower over, low level w.c., pedestal wash hand basin, part tiled walls, wall mounted heater.

Outside
The property has communal grounds and a secure car park for residents.

Leasehold Info
Ground Rent: is £50pa
Service Charge is £1888pa
Lease 125 years from 25.12.97

THP1002857JLS


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Features

  • Investment opportunity
  • Tenant in place paying £825pcm - Gross rental yield of 4.71%
  • Allocated parking
  • On site caretaker
  • Close to a range of shops, restaurants, cafes and bars
  • Walking distance to Absolut Gym and Anytime Fitness
  • Adjacent to Anglia Ruskin University
  • 0.6 mile walk to Chelmsford Station with services to London Liverpool Street from 36 mins
  • 0.6 mile walk to Bond Street shopping area including a John Lewis & Everyman Cinema
  • 2.8 miles to Broomfield Hospital

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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