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£190,000

2 bed flat for sale
Mildmay Road, Chelmsford CM2

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Chain free
  • Leasehold

William H Brown - Chelmsford

Logo of William H Brown - Chelmsford

About this property

  • 9.1% ROI investment opportunity

  • Two Bedrooms & Study

  • Garage & Off Road Parking

  • Courtyard

  • Tenant in Place - please contact us re current tenancy agreement.

  • **Not Available To View**

  • Potential To Buy Both Apartments In Block & Freehold

  • No Onward Chain

Summary
Option to purchase freehold is this two bedroom & study 1st floor maisonette & located a short walk from Chelmsford city centre. Being sold with a sitting tenant, this apartment is currently available to buy to let investors only. Current ROI is 9.1% based on current rental income and asking price

description
Split by Princes Road and south of Chelmsford, Moulsham has plenty to offer those looking to buy or rent in the area. Variety is the order of the day when it comes to property for sale in Chelmsford and while Moulsham is best known for its period properties, there are some great examples of larger, detached 1920s and 1930s houses, too. Moulsham Junior School is the main primary age school in the area and is rated 'Good' by Ofsted. Moulsham High School, for children aged 11-18, is also rated 'Good', while Chelmsford College is north of Princes Road and was rated 'Good' at its most recent inspection in 2017. A Tesco superstore is located just off the Miami roundabout and Princes Road, while a Co-Op store is close to Moulsham Lodge surgery.

A variety of other independent shops can be found at the northern end of Moulsham Street north of Princes Road. Chelmsford station has a frequent service to London Stratford from 31 minutes and Liverpool Street from 36 minutes. The City centre offers two shopping centres and a busy high street with many national and international stores, restaurants and bars as well as a thriving market.

Agents Note:
Lease: 99 years from 25 March 1994
Please note that there are 68 years on the lease. This could impact where a mortgage is required.
The property is a first floor maisonette.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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More information

  • Tenure

    Leasehold (68 years)

  • Service charge

  • Council tax band

    B

  • Ground rent

    £0

  • Ground rent date of next review

See all recent sales in CM2

Property descriptions and related information displayed on this page are marketing materials provided by - William H Brown - Chelmsford. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact William H Brown - Chelmsford for full details and further information.