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One-Bedroom Detached House
Guide Price

£190,000

Rainsford Road, Chelmsford, CM1

  •  1 bed
  •  1 bath
  •  1 receptions

Full description

Guide £190,000 - £200,000

This furnished one-bedroom flat is offered for sale to investors only, with tenants in place and a reported gross yield of circa 7.9%. Located on the fringe of Chelmsford city centre, the property is well placed for public transport, local amenities and nearby green spaces.

The accommodation comprises an open-plan living & kitchen area, double bedroom and a shower room. The property also comes with one allocated parking space.

Rainsford Road is within easy reach of Chelmsford city centre, where a wide range of shops, cafés, restaurants and leisure facilities can be found. Central Park and Admirals Park are both accessible nearby, offering riverside walks, open lawns and sports facilities.

Chelmsford railway station is approximately a short walk away, providing regular services to London Liverpool Street, typically in around 35 minutes, as well as connections towards Colchester and Ipswich.

LEASE DETAILS

Lease length remaining:  118 years

Service Charge:              £2,226 per annum

Ground Rent:                  £220 per annum

AGENTS NOTE:

We are legally obliged to carry out Anti Money Laundering checks on behalf of HMRC on persons or companies trying to buy a property through us. A non-refundable charge of £48 including VAT (for up to two people) is therefore required when you have an offer accepted on a property through us.

DISCLAIMER

With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property. However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy. No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included. 

 

Features

GUIDE £190,000 - £200,000

FOR SALE TO INVESTORS ONLY

TENANTS IN PLACE PAYING £1250 pcm

RENTAL INCOME ON DAY ONE

EDGE OF CITY CENTRE

GROUND FLOOR APARTMENT

ONE BEDROOM

ALLOCATED PARKING SPACE

WALKING DISTANCE OF STATION

CHAIN FREE

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What's Nearby?

Well located, this property benefits from a wide range of local schools, a National Rail station a short walk away and a wide range of local amenities.

On schooling, the area is well-served at both primary and secondary level. There are seven good or outstanding primary schools within two miles, including Oaklands Infant School (assessed as outstanding by Locrating) around a 19 minute walk, and Maltese Road Primary School (rated good by Ofsted) a 4 minute walk. Westlands Community Primary School ranks in the top 17% of schools nationally. The Cathedral Church of England Voluntary Aided Primary School, Chelmsford attracts the most local pupils, with around 27% attending. Another popular primary option is Kings Road Primary School.

There are eight good or outstanding secondary schools within five miles, including Chelmsford County High School for Girls (rated outstanding by Ofsted) about a 8 minute walk, and King Edward VI Grammar School, Chelmsford (assessed as good by Locrating) a 3 minute walk. Moulsham High School ranks in the top 8% of schools at GCSE level. Hylands School attracts the most local pupils, with around 25% attending. St John Payne Catholic School, Chelmsford also has a notable share of local pupils. King Edward VI and Chelmsford County High both offer sixth form provision for A-level or equivalent study.

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