Skip to main content

No longer on the market

This property is no longer on the market

2 bedroom flat

Chain-free
Flat
2 beds
1 bath
656
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 975 yrs left
Council taxBand B
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Chain free
  • Fantastic yield for investors
  • 2 double bedrooms
  • Private gated parking
  • Close to city centre & amenities
  • 975 years remaining on lease

Video tours

*GUIDE PRICE £120,000 - £140,000*
*975 YEARS REMAINING ON LEASE*
*VIEWING DAY - CALL TO BOOK*
*BE SURE TO WATCH THE VIDEO TO SEE EVERYTHING THIS APARTMENT HAS TO OFFER*

Part of the historically significant Raleigh bicycle factory. The original building was converted in 2001 and this apartment is part of the sympathetic modern addition. Located on the 3rd floor the apartment has 2 generous double bedrooms and a large bathroom complete with over bath shower.

There is a open plan kitchen/living area with floor to ceiling windows and a juliet balcony allowing plenty of light into the main area in the apartment.

Great location a short walk to the city centre, approx 1 mile from the train station and approx 10 minute walk to the famous arboretum

The apartment also enjoys 1 allocated parking bay in the private gated courtyard

OFFERED CHAIN FREE this is a fantastic opportunity for first time buyers or investors. The apartment has been consistently rented for 20 years with no breaks in that time. Current rental income offers a 10% gross yield based on a £140k purchase price. As it is a rental property currently 2 pictures have been virtually staged alongside the original to demonstrate the art of the possible with this lovely apartment.

Long lease with 975 years remaining.

Tenure - Leasehold
Lease Length - 975 years remaining
Declaration of interest - property is owned by the agent's brother
Visit agent website

About this agent

Keller Williams Plus - Essex
Keller Williams Plus - Essex
33 Robjohns Road Chelmsford, Essex CM1 3AG
01277 576084
Full profileProperty listings
Life is full of moments that matter, and moving home is one of them. Our business is built on relationships; it’s amazing what a conversation can lead to. Each of our agents is their own boss, they are committed to becoming your property person for life. With over 190,000 agents worldwide, Keller Williams is the largest real estate company in the world. Global we may be, but it’s locally where we make a difference. Your local agent will be an expert on the area they cover, and personally dedicated to ensuring your move is unforgettable.
... Show more

See more properties like this

*Disclaimer and call rate information...