Baddow Road, Chelmsford

An excellent opportunity for first time buyers and buy-to-let investors alike, to purchase a well priced modern two-bedroom apartment situated in the heart of the City with a strong investment potential. The block is approached through a security entrance phone system for residents with a lift and stairs to all floors. Inside, there is an entrance hall, open-plan kitchen/living space with balcony, two bedrooms, an en-suite shower room and a separate bathroom. Outside, there is the use of secure gated permit parking space at the cost of £150 per annum. For investors, a suggested rental income of £1,400 pcm (£16,800 annually) has been suggested returning a potential gross rental yield of 8% making this an appealing addition to any property portfolio.

Excellently positioned in the heart of the City centre within a short walk of the High Street and railway station. This apartment is perfectly positioned for commuters and those looking to enjoy everything the city has to offer. A fantastic selection of shops, restaurants, cafés, bars and leisure facilities are all within easy walking distance, making this a superb home for those seeking both convenience and lifestyle. Combining a sought after city centre location with river walks on your door-step and excellent road links to the A12 & A130 this is a fantastic opportunity to secure a well priced modern apartment.

Tenure: Leasehold

Lease: The property was built with a 125 year lease commencing 01/01/2004. There are 103 years remaining

Service Charge: The annual service charge is £3,279.80, payable in two instalments every six months. The service charge for the period 1 July 2026 to 31 December 2026 is £1,639.90.

Parking space: The property comes with the use of a permit parking space situated behind electric gate at the cost of £150 per annum.

Ground Rent: £250 per annum.

Band D is the council tax band for this property with an annual amount of £2,256.84.

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