This property has been taken off the market.

House For Sale Broomfield Road, Chelmsford, CM1

£125,000

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Last Updated: 17th April 2024

Description

****unexpectedly reavailable****

***NO ONWARD CHAIN***

A well presented TOP FLOOR studio apartment providing an ideal first time purchase or investment property. Our colleagues in our lettings office have indicated a rental value of £725-£750pcm, dependant on market conditions. This would give an approximate gross yield of around 7.2%. The property is ideally located for bus routes into Chelmsford City Centre providing multiple shopping facilities and entertainments including main line rail station with services to London - Liverpool Street.

ENTRANCE

OPEN PLAN LIVING ROOM / BEDROOM

Double glazed window, telephone socket, television point, electric heater.

KITCHEN

Fitted eye & base level units, electric cooker, double glazed window, electric heater, airing cupboard, vinyl flooring.

DRESSING AREA/WORK SPACE

Built-in wardrobe cupboard, space for dressing table or desk.

SHOWER ROOM

White suite comprising of WC and concealed cistern, wash hand basin, shower cubicle with electric shower, double glazed window, electric heater, vinyl flooring.

WINDOWS

Double glazed windows.

HEATING

Electric heating.

PARKING

Off road parking.

SERVICES

Length of lease remaining - 170 Years

Service Charge - £402 Per annum incluidng Buildings insurance

Ground Rent - £0

Agent Details
McCartney Estate Agents
74, Moulsham Street, Chelmsford, CM2 0JA
Show Contact Number
01245 266 980

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
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Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested