Ideal entry point into Chelmsford living with balcony and parking.
- Shared ownership: 35% purchase, rent on remaining 65% approx. £625.93/month
- One allocated gated parking space plus nearby public parking
- Bright open-plan living with private balcony and large windows
- Underfloor heating and low-energy lighting reduce running costs
- Contemporary fitted kitchen with integrated Bosch appliances
- Service charge £4,295/year (above average); one year paid at completion
- Leasehold with c.119 years remaining; tenure obligations apply
- Local recorded crime level: very high — consider security implications
A well-presented two-bedroom flat in central Chelmsford, offered through a shared ownership (35%) route — a practical step on to the property ladder for first-time buyers. The living space is bright and open-plan, with large windows and a private balcony that extend the usable footprint and bring in natural light. The contemporary kitchen includes integrated appliances and efficient finishes, while both bedrooms are a comfortable size for occupants or home working.
Comfort and running-cost savings are built in: underfloor heating, low-energy lighting and solid construction help reduce bills, and lift access plus an allocated gated parking space add convenience. The development offers on-site amenities including a 24-hour concierge and a discounted gym, with fast broadband and excellent mobile signal supporting modern lifestyles.
Be clear on the commitments: this is a leasehold property on a shared ownership basis. The buyer purchases 35% for £119,000; an approximate monthly rent for the remaining 65% is £625.93. The service charge is relatively high at £4,295 per year (one year’s charge will be paid at completion). The lease has about 119 years remaining. The local area has very high recorded crime levels, which should be considered alongside the central location and commuter links.
Overall this apartment suits buyers seeking an affordable central Chelmsford base with modern specification and good transport/amenity access. It is ready to move into after professional cleaning and minor touch-ups, but higher ongoing service charges and the shared ownership rental element are important financial factors to weigh.
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