Meadow Walk, Chelmsford

£180,000 Guide Price
  • Ref: 30017306
  • Type: Flat
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Council Tax Band: C
  • Tenure: Leasehold

Property Features

  • ONE BEDROOM APARTMENT
  • SEVENTH FLOOR
  • PRIME CITY CENTRE LOCATION
  • ALLOCATED PARKING
  • OPEN PLAN MODERN KITCHEN LIVING AREA
  • GUIDE PRICE £180,000 - £200,000
  • IDEAL FOR COMMUTERS/INVESTORS
  • APPROX 560 SQFT
  • STUNNING VIEWS OVER CHELMSFORD CITY CENTRE
  • POTENTIAL GROSS RENTAL YIELD 7.7%
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  • Floorplan
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Property Summary

*** GUIDE PRICE £180,000 - £200,000.*** Balch are delighted to present this exceptional one-bedroom apartment located on the seventh floor, offering stunning panoramic views over Chelmsford city centre. Boasting approximately 560 square feet of modern living space, this stylish flat is perfectly positioned in a prime city centre location, making it an ideal choice for commuters and investors alike. Complete with allocated parking and access via lift and stairs, this property combines convenience with contemporary urban living.

Full Details

Entrance Hallway
Storage cupboard which hosts the boiler.

Living / Kitchen Area
26' 0" x 12' 9" (7.92m x 3.89m) Double glazed window to the front, wall mounted electric heater, base level units, integrated appliances such as oven, fridge, freezer, dishwasher and washing machine.

Bedroom
12' 8" x 12' 2" (3.86m x 3.71m) Double glazed windows to front, wall mounted electric heater, equipped with a fitted wardrobe.

Bathroom
9' 6" x 6' 1" (2.90m x 1.85m) Four piece suite, including a shower, bath, low level w/c and hand wash basin.

Agents Notes
Size: Approximately 560 sqft
Lease Length: 111 years
Service Charge: £3,200.00 pa
Ground Rent: £250.00 pa
EPC: Has been commissioned and will be added once it's completed.

Buy To Let Investment: Rental prices achieved in the area are around £1,150pcm.

Depending on purchase price the net rental yield ranges from 5.2% to 5.7% and the gross from 6.9% to 7.7% this is inclusive of the service charge and ground rent. Please reach out for further information.

Viewings
BY PRIOR APPOINTMENT WITH BALCH ESTATE AGENTS
For clarification, we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.

Should your offer be accepted on one of our properties, all purchasers will be required to complete Anti Money Laundering (AML) identity verification checks. A non-refundable administration fee of £30.00 plus VAT per person is payable before a Memorandum of Sale is issued.

Referrals
If requested, we can recommend local companies to you such as Solicitors/Conveyancers, Surveyors or even Mortgage Brokers and on occasions they may pay us a referral fee for this, but you are under no obligation to use the third-party companies that we recommend.

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About

Balch are an independent estate agency, serving Chelmsford and the Mid Essex area since 1924. We are proud of our reputation for professionalism, commitment and providing specialist local knowledge.

Office

The Millars, Hospital Approach,
Broomfield, Chelmsford, Essex,
CM1 7FA

Referrals

If requested, we can recommend local companies to you such as Solicitors/Conveyancers, Surveyors or even Mortgage Brokers and on occasions they may pay us a referral fee for this, but you are under no obligation to use the third-party companies that we recommend.

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