Long lease, low running obligations and excellent commuter links for easy city access.
145-year lease remaining; no ground rent
Reasonable annual service charge £1,342.63
Two double bedrooms with spacious lounge/diner
Electric room heaters only (no gas central heating)
Permit parking included; small communal grounds
Sold with no onward chain for quicker completion
Compact overall size; would benefit from cosmetic updating
Convenient walk to shops, schools and Chelmsford station
Ready to move into or let immediately, this two double-bedroom third-floor flat in North Springfield offers practical, low-maintenance living with strong commuter appeal. The property has a long lease (145 years remaining), no ground rent and a reasonable annual service charge, making ownership straightforward for first-time buyers or buy-to-let purchasers. The layout includes a generous lounge/diner, separate kitchen and a family bathroom; rooms are functional and presented in fair condition.
Location is a clear strength: a short walk to local shops, popular schools and regular bus links, with easy access into Chelmsford city centre and the mainline station (and the new Beaulieu station nearby). Communal permit parking is provided, and the block sits within small communal grounds in a quiet residential area with low crime and fast broadband — useful for working from home or tenant demand.
Practicalities to note: heating is electric (individual room heaters) rather than gas central heating, which can affect running costs and tenant appeal. The flat’s interior is basic and would benefit from cosmetic updating to maximise resale or rental value. Service charge is circa £1,342.63 per year; there is zero ground rent and the flat is sold with no onward chain.
Overall this is a compact, well-located urban apartment that suits first-time buyers seeking an affordable step onto the ladder or investors looking for a straightforward addition to a rental portfolio. The long lease and low ongoing lease costs reduce future ownership risk, while modest refurbishment could materially increase the property’s marketability and income potential.
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