Spacious 1-Bed Apartment with Private Parking – Ideal Home or Investment in Chelmsford City


Property

Website:https://www.nestseekers.com/5576288
Address:
Canside, Meadow Walk, Chelmsford CM1 1FU
Chelmsford, Essex CM1 1FU
United Kingdom
Floor:6th
Ownership: Apartment
Type: 1 bedroom apartment
Bedrooms: 1 BR
Bathrooms: 1
Area: 57 m² (614 sq ft)
Tenure: Leasehold
Tenure Years Left: 112
Price Qualifier: Guide Price
Council Tax Band: C
Annual Ground Rent: 225.0
Annual Service Charge: 3282.82
Energy Certificate Rating: C

Financials

Price:£245,000
($323,100)
(€284,300)

Description

Canside, Meadow Walk, Chelmsford, CM1 1FU

A fantastic opportunity to acquire this spacious and well-presented one-bedroom apartment, ideally located within easy reach of Chelmsford city centre, Chelmsford railway station, and a wide range of local amenities.

The property features a bright and generous living area, modern fitted kitchen, spacious double bedroom, contemporary bathroom, and a private parking space included within the sale. Residents benefit from excellent transport links and convenient access to shops, cafés, restaurants, and supermarkets.

Excellent Investment Opportunity

The property is currently generating £15,600 per annum (£1,300 PCM), representing an attractive gross yield of approximately 6.4% based on the asking price.

Available with Vacant Possession

The property can also be offered with vacant possession upon completion, making it an excellent choice for both owner-occupiers and investors.

Key Features

  • Spacious one-bedroom apartment
  • Modern fitted kitchen and bathroom
  • Bright and generous living accommodation
  • Private parking space included
  • Walking distance to Chelmsford railway station
  • Close to shops, cafés, restaurants and local amenities
  • Currently achieving £1,300 PCM rental income
  • £15,600 annual rental income
  • Approximate gross yield of 6.4%
  • Available with vacant possession if required
  • Ideal for both investors and owner-occupiers

Early viewing is highly recommended.

Contact

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St James | 29 Pall Mall, London SW1Y 5LP, UK

Canside, Meadow Walk, CM1 1FU