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Shared ownership
£58,750

1 bedroom flat for sale

Burgess Springs, Chelmsford CM1
Flat
1 bed
1 bath
538
EPC rating: B
Added < 7 days

Key information

TenureLeasehold | unconfirmed share | unconfirmed yrs left
Council taxBand C
BroadbandBasic 20Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Shared ownership property being sold at 25% share with a full value of £235,000
  • Staircasing (potentially up to 100%) available
  • Highly convenient city centre location
  • Within immediate proximity to Chelmsford train station
  • Particularly spacious one bedroom second floor flat
  • Contemporary kitchen and bathroom
  • Excellent local amenities including numerous fabulous eateries
  • Modern development
  • Private balcony
  • Generous sized open plan kitchen/living room

Shared ownership property being sold at a 25% share with a full value of £235,000. A particularly spacious one-double-bedroom, second-floor flat including a delightful open-plan kitchen/reception room, stylish bathroom and private balcony all conveniently positioned in the very heart of Chelmsford City Centre.

The welcoming entrance hall provides a video entry phone and access to the bedroom, family bathroom and kitchen/reception room. There is also a useful storage cupboard.

The open-plan kitchen/reception room, which offers an excellent platform for socialising, is at the rear of the property. The double doors opening onto the private balcony provide plenty of natural light and are complimented by the attractive wood flooring. The kitchen is well equipped and has a range of base and eye level units, work surfaces, inset sink with mixer tap, space and plumbing for washing machine, integral fridge freezer and microwave as well as electric oven with overhead extractor hood.

The bathroom features a three-piece white suite including panel enclosed bath with a glass screen and wall mounted shower attachment, low level WC and vanity wash hand basin. It also has a wall mounted ladder style chrome towel rail and tiled flooring.

The generous sized double bedroom is to the rear aspect and is neatly carpeted.

Outside: There is a private balcony - a perfect space to unwind on after a days work.

Location: The property occupies a prominent position within the very heart of Chelmsford City Centre with the mainline station only an approximate 0.1 mile walk away offering a frequent service to London's Liverpool Street (journey time around thirty-five minutes). Chelmsford itself combines the best brand name stores including John Lewis, with an abundance of small independent speciality shops, designer boutiques, bars and restaurants. Also very much worthy of note is Moulsham Street, offering a further fabulous array of quirky eateries, pubs and cafes. Viaduct Road behind the property is also home to a record shop, coffee emporium, Greek restaurant and ale house amongst other wholesome establishments. There are many super local parks including Central Park (just the other side of Parkway and accessible in no time at all), where the ever popular Park Run commences each week.

This is a shared ownership property, offering an excellent opportunity for buyers to step onto the property ladder. There is also the option to purchase the full 100% ownership providing long term flexibility and investment potential.

Important information:
Council Tax Band - C
Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold 125 years from 1st April 2015

Scheme - Shared ownership.

Percentage - 25%

Price £58,750 of the 100% value £235,000

Service charge - £255 per month

Ground rent - £100 per annum

Monthly rent (payable to Notting Hill Genesis) - £486

Please note these charges are for the current year and maybe subject to change.


EPC Rating: C

Property information from this agent

Area statistics

Crime score
High crime
10/10
Home prices (average)
1 bedroom flats
£183,772

About this agent

Nested
Nested
9 Dallington Street London EC1V 0LN
020 7768 1454
Full profileProperty listings
Nested are the first estate agents built specifically for home movers. From sale to settled, our winning formula of market-leading technology, hyper-local agents and unparalleled customer service is bringing home selling into the 21st century. Our area partners are so much more than estate agents; they're industry experts who love property so much, they've made it their bread and butter.
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