Chain-free, city-edge flat with parking and long lease for first-time buyers.
- Top-floor two-bedroom flat, approx. 593 sq ft
- Allocated off-street parking space included
- Long lease: about 155 years remaining from 2004
- Sold at Modern Auction; undisclosed reserve price applies
- Reservation fee 4.5% (min £6,600) plus up to £349 admin fee
- Service charge approx. £2,000pa; ground rent £197pa
- Electric storage heating; no private garden
- Crime level above local average (area note)
This top-floor two-bedroom flat sits within easy walking distance of Chelmsford city centre, offering convenient access to shops, schools and fast rail links to London. The apartment includes allocated off-street parking, a Juliet balcony off the lounge and double-glazed windows installed post-2002.
The property is sold via Modern Method of Auction and is chain free, making it suitable for a buyer who can move promptly. The long lease (approx. 155 years from 2004) is a positive for leasehold purchasers, and the compact 593 sq ft layout is low-maintenance for first-time owners or landlords targeting the central Chelmsford market.
Buyers should note material sale conditions: the property will be sold subject to an undisclosed reserve price and additional buyer charges apply. A non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) is payable on exchange under the auction process, plus an administration fee (up to £349 inc. VAT) and typical leasehold costs such as the service charge and ground rent.
Practical considerations include electric storage heating, an annual service charge around £2,000 and a ground rent of approximately £197 per year. The building appears well maintained externally, but prospective purchasers should commission their own surveys and check the Buyer Information Pack and auction terms before bidding.