Primrose Hill | Chelmsford | CM1 2FZ

£50,000
Property type
Flat / Apartment
Bedrooms
1
Bathrooms
1
Council tax
Band B

Property Features

  • 25% shared ownership
  • First floor apartment
  • 0.3 mile to Chelmsford train station
  • Secure underground parking
  • Separate kitchen
  • Lounge with Juliette balcony overlooking the front
  • Bedroom with fitted wardrobe
  • Well landscaped communal gardens
  • Just a short walk to both Admirals and Central park
  • Close proximity to local amenities

About Property

An excellent opportunity to take your first step onto the property ladder, this 25% shared ownership apartment is perfectly positioned in the heart of Chelmsford city centre, offering the ideal combination of convenience, connectivity and lifestyle.Situated just 0.3 miles from Chelmsford Railway Station, the property is ideally placed for commuters, with regular services into London Liverpool Street and excellent transport links across Essex. Chelmsford's vibrant city centre is just moments away, offering an extensive selection of shops, restaurants, cafés, bars and leisure facilities to suit every lifestyle.The apartment also enjoys close proximity to the beautiful open spaces of Admirals Park e beautiful open spaces of Admirals Park and Central Park, providing the perfect setting for leisurely walks, outdoor recreation and relaxing weekends. Whether you're a first time buyer looking to make your first move into homeownership or seeking an affordable way to secure a home in a highly desirable location, this shared ownership apartment presents an opportunity which can't be missed.

Tenure: Leasehold

Lease: The property was built with a 99 year lease commencing 01/06/2015 . There are 88 years remaining

Service Charge: For the period of 01/01/26 – 31/12/2026 the service charge is £2252.40. The service charge is reviewed annually.

Rent for the remaining 75% share: The owner is to pay £5,391.36 per annum in rent for the remaining 75% share.

Ground Rent: £100 per annum. The ground rent doubles every 25 years and the next review date for this is 2040

Band B is the council tax band for this property with an annual amount of £1,686.09

As an integral part of the community, we’ve gotten to know the best professionals for the job. If we recommend one to you, it will be in good faith that they’ll make the process as smooth as can be. Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200. You are under no obligation to use a third party we have recommended.

Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £36 inc. VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks.

EPC Rating

A 92+ B 81–91 C 69–80 Current D 55–68 E 39–54 F 21–38 G 1–20

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