Compact, low-maintenance city-centre flat with allocated parking and no onward chain.
City-centre one-bedroom apartment, ideal for first-time buyers or investors
This compact one-bedroom apartment in Perrin Place places city-center living within easy reach. Light-filled rooms and a modern fitted kitchen create a comfortable, low-maintenance home ideal for a first-time buyer or an investor seeking a central rental. The allocated off-street parking is a notable advantage in this location.
Practicalities are straightforward: the flat is leasehold with 142 years remaining, a modest ground rent of £60 and an average service charge of £1,450 per year. Heating is via electric storage heaters and the property relies on electricity as the main fuel source. Broadband speeds in the block are reported slow, which could affect home working without an upgraded connection.
The accommodation is well-proportioned for its 428 sq ft, with a living/dining room, separate kitchen, one bedroom and contemporary bathroom. Construction dates to the early 1990s and the building is double glazed; any buyer should note the energy and running-cost implications of electric heating compared with gas alternatives.
No onward chain makes for a straightforward purchase process. The location is a real draw: Chelmsford city centre amenities, shops and mainline station are all within easy walking distance, giving strong rental and resale prospects. Buyers seeking a larger home or lower running costs may prefer alternatives, but for a central, low-upkeep starter property this offers solid value.
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