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Chelmsford

Floorplan 1
1

Key features

  • Potential Annual Income of £44,000 PA
  • Buy to Let Investment
  • 4 Residential Flats
  • City Centre Location
  • Driveway
  • Garage
  • For Sale By Auction

Description

A Freehold building in the city of Chelmsford with driveway and rear garden containing 4 residential maisonettes. 3 flats are currently let with 56b vacant. When fully let the property could produce an annual income in the order of £44,000 per annum.

Accommodation

56: 1 bedroom ground-floor flat- Total floor area- 517 square foot (48 square meters)

56A: 1 bedroom top-floor flat- Total floor area 570 square foot (53 square meters)

56B: Top-floor studio flat-Total floor area- 258 square foot (24 square meters)

56C: Top-floor studio flat Total floor area 237 square foot (22 square meters)

Rent Reserved

56: £1,050 pcm (£12,600 per annum)

56A: £990 pcm (£11,880 per annum)

56B: £795 pcm (£9,450 per annum)(until recently vacated)

56C: £850 pcm (£10,200 per annum)

Total: £3,685 pcm (£44,220 per annum)

Services

Prospective purchasers must satisfy themselves in regard the suitabillty and availability of services.

Council Tax Band

All four flats are assessed as Council Tax Band A.

EPC

  • 56 is classed as Band D.
  • 56A is classed as Band E.
  • 56B is classed as Band E.
  • 56C is classed as Band E.

Restrictive Covenants & Easements

The Property is sold subject to Restrictive Covenants & Easements whether mentioned in these particulars or not.

Legal Pack

Refer to the Legal Pack via Dedman Gray for further details.

Notice

Whirledge & Nott does not have any authority to give representations or warranties in relation to the property. These particulars do not form part of any offer or contract. All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate. No assumption should be made that the property has the necessary planning, building regulations or other consents. Whirledge & Nott has not carried out a survey nor tested any appliances, services or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Viewing

Strictly by appointment Viewing of the property is entirely at the risk of the enquirer. Neither Whirledge & Nott nor the vendor accept any responsibility for any damage, injury or accident during viewing.

 

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Chelmsford

Approximate location
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Affordability

Monthly repayments£2,508
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Whirledge and Nott, Margaret Roding

The Estate Office, White Hall, Margaret Roding, Dunmow, CM6 1QL
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Sales

We sell property by auction, private treaty and tender as appropriate. We sell rural, residential and commercial properties and our expertise extends across the Essex and Suffolk areas.

We advertise locally and or nationally as appropriate and also through various websites. Our fees are flexible and commensurate and not always limited to a commission system.

We have a computerised specialised and versatile register to suit on line users as well as paper based applicants.

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Disclaimer - Property reference 5071. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Whirledge and Nott, Margaret Roding. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Whirledge and Nott, Margaret Roding on 01245 945645.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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