£54,000

1 bed flat for sale
Upper Chase, Chelmsford, Essex CM2

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Shared ownership
  • Leasehold

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Abbotts - Chelmsford Sales

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About this property

  • 30% shared ownership

  • One bedroom apartment

  • Ideal first time purchase

  • Close proximity to City centre

  • Balcony

  • Allocated parking space

Shared ownership one bedroom apartment available to purchase at a 30% share of £180,000 with a minimum 5% mortgage deposit of £2,700. Call today to arrange your appointment to view.
This well presented one bedroom second floor apartment being located just one mile walking distance to Chelmsford City train station (reference google maps), ideal for the commuter and providing an excellent opportunity for a buyer to get on the property ladder. The apartment itself boasts of contemporary living space and internally the property consists of a welcoming entrance hallway with storage cupboard, four piece bathroom suite, double bedroom with built in wardrobes and spacious open-plan reception room with fitted kitchen. Externally the property has its own private balcony area which can be accessed from the lounge offering a great place to unwind. The property further benefits from an allocated parking space, gas central heating and double glazing. To appreciate this home to its full potential, we strongly recommend an early internal inspection.

Upper Chase as mentioned is located conveniently to Chelmsford train station, Chelmsford City centre offers the use of numerous bars, restaurants, shops and local amenities. Chelmsford station offers mainline rail links to London Liverpool Street. Driving wise Chelmsford offers excellent road links to A12, M25 and A130.

Full Market Value: £180,000
30% Share Price: £54,000
Rent on un-owned share £374.08 pcm.
Estimated estate charge £180.41 pcm.

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

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More information

  • Tenure

    Leasehold (105 years)

  • Service charge

    £2,165 per year

  • Council tax band

    C

  • Ground rent

  • 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 - Abbotts - Chelmsford Sales. 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 Abbotts - Chelmsford Sales for full details and further information.