Affordable central living with parking and outdoor space for first-time buyers.
30% shared ownership — lower entry cost but rent £883 pcm on unsold share
Two double bedrooms and a private balcony in a modern block
Two allocated parking spaces — uncommon for city-centre flats
Leasehold: 89 years remaining — lease length is a material consideration
Service charge approx £178.46 pcm (£2,141.52 pa); additional fees possible
Community heating (mains gas) and double glazing; EPC B
No flood risk; fast broadband and excellent mobile signal
Area records above-average crime; limited private outdoor space
This two-bedroom flat in Primrose Hill offers an affordable city-centre step onto the ladder via a 30% shared ownership opportunity. The apartment is cleanly presented with a modern fitted kitchen, private balcony and two allocated parking spaces — a rare convenience for central Chelmsford. Fast broadband and excellent mobile signal support home working and city living.
The home is leasehold with 89 years remaining. Service charge is £178.46 pcm (approx. £2,141.52 annually) and the property currently attracts a rent of £883 pcm on the unsold share. Ground rent is shown as NIL, but buyers should allow for additional leasehold administration fees and confirm long-term costs before proceeding.
Practical positives include double glazing, mains gas (community heating), an EPC B rating and no flood risk. The location is highly central with shops, restaurants, transport and strong local schools close by. Be aware the area records above-average crime and the building offers limited private outdoor space beyond the balcony.
Overall this property suits first-time buyers seeking lower purchase costs and city-centre convenience, or investors comfortable with shared-ownership tenure and service charges. Prospective purchasers should independently verify lease details, service arrangements and commission any surveys prior to commitment.
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