- Top-floor one-bedroom apartment, chain-free
- Requires full modernisation; dated kitchen and fixtures
- 53 years remaining on lease; lenders may refuse mortgages
- Service charge approx £1,104; ground rent £60 pa
- Electric storage heating; all-electric property
- Around 2.2 miles walking distance to Chelmsford station
- Communal gardens and low-rise modern block
- Average size flat: c. 447 sq ft (approx)
A top-floor one-bedroom apartment in Springfield offered chain-free — an accessible entry purchase or buy-to-let opportunity in Chelmsford. The reception room is a good size for the building, and the block benefits from communal gardens and convenient access to local shops and transport.
The flat requires modernisation throughout: the kitchen is dated with limited storage and ventilation, and overall cosmetic and systems updates are needed. Heating is by electric storage heaters and the property is electrically powered, which may influence running costs and appeal to some buyers.
Buyers must note the lease length: approximately 53 years remain. This is likely to affect mortgage availability and could require a purchaser prepared to arrange a lease extension or buy with cash. Service charge and ground rent are stated at c. £1,104 and £60 annually respectively.
For investors, the property’s location — around 2.2 miles’ walk to Chelmsford station and close to schools and city amenities — supports rental demand. For a first-time buyer prepared to renovate, it offers affordable access to Chelmsford, but budget and financing should account for refurbishment and lease issues.
