1 bed flat for sale

Burgess Springs, Chelmsford, Essex CM1

Shared ownership one bedroom apartment available to purchase at a 50% share of £240,000 with a minimum 5% mortgage deposit of £6,000 . Call today to arrange your appointment to view.
This Immaculately presented one bedroom third floor apartment being located just 0.1 of a 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 an welcoming entrance hallway with two built in cupboards, high-quality modern bathroom, double bedroom with built in wardrobes and spacious open-plan reception room leading through to the stylish fitted kitchen with built in appliances. Externally the property has its own private balcony offering a great place to unwind as well as access to the communal garden area. The property further benefits from an allocated underground parking space, double glazing and ample storage throughout. To appreciate this home to its full potential, we strongly recommend an early internal inspection. “Under the terms of the Estate Agency Act 1979 (section 21) please note that the vendor of this property is an Associate of an Employee of the Connells Group of companies”.

Eccles Court offers a concierge service, 24 hours security service and on-site shop. This home is also positioned within proximity of the vibrant Chelmsford City centre offering the use of numerous bars, restaurants, shops and local amenities. Chelmsford station is also within proximity providing National Rail services into Central London, including London Liverpool Street in approximately thirty-five minutes. Driving wise the property also offers excellent road links to A12, M25 and A130.

Full Market Value: £240,000
50% Share Price: £120,000
Rent on un-owned share £370.47 pcm
Estimated estate charge £237.44 pcm

Agents Note: We have been advised that the monthly rent on the remaining share is £370.47 Per month, there is also an opportunity to purchase a further share of the property. (please call agent to discuss in full detail)

Agents Note: ‘Heating to the property is served by electric, please contact the branch or more details.

*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 more shares until you staircase to owning 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.