Guide price

£190,000

1 bed flat for sale
Rainsford Road, Chelmsford CM1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Chain free
  • Leasehold

Added on

Charles David Casson

Logo of Charles David Casson

About this property

  • Guide £190,000 - £200,000

  • For sale to investors only

  • Tenants in place paying £1250 pcm

  • Rental income on day one

  • Edge of city centre

  • Ground floor apartment

  • One bedroom

  • Allocated parking space

  • Walking distance of station

  • Chain free

Guide £190,000 - £200,000

This furnished one-bedroom flat is offered for sale to investors only, with tenants in place and a reported gross yield of circa 7.9%. Located on the fringe of Chelmsford city centre, the property is well placed for public transport, local amenities and nearby green spaces.

The accommodation comprises an open-plan living & kitchen area, double bedroom and a shower room. The property also comes with one allocated parking space.

Rainsford Road is within easy reach of Chelmsford city centre, where a wide range of shops, cafés, restaurants and leisure facilities can be found. Central Park and Admirals Park are both accessible nearby, offering riverside walks, open lawns and sports facilities.

Chelmsford railway station is approximately a short walk away, providing regular services to London Liverpool Street, typically in around 35 minutes, as well as connections towards Colchester and Ipswich.

Lease details provided by seller

Lease length remaining: 118 years

Service Charge: £2,226 per annum

Ground Rent: £220 per annum

agents note:

We are legally obliged to carry out Anti Money Laundering checks on behalf of hmrc on persons or companies trying to buy a property through us. A non-refundable charge of £48 including VAT (for up to two people) is therefore required when you have an offer accepted on a property through us.

Disclaimer

With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property. However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy. No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Local area information

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

See all recent sales in CM1

Property descriptions and related information displayed on this page are marketing materials provided by - Charles David Casson. 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 Charles David Casson for full details and further information.