Rookes Crescent, Chelmsford
CM1 3GN
£170,000 (Leasehold)
1 Beds
1 Baths
A superbly presented one double bedroom ground-floor apartment situated on this popular development. The accommodation comprises an entrance hall with security entry phone system which then leads through to a good sized lounge which in turn leads to a refitted kitchen with fitted oven and hob. Off the hallway there is a double bedroom as well as a re-fitted bathroom WC. To the rear of the property they are all communal gardens and there is casual parking available. This property is exceptionally well presented throughout with an extended lease whilst also boasting an excellent rental return at 4.87% net yield for an investors out there looking for that next property to add to their portfolio.
Situated within a mile of the City centre and within walking distance of Central Park which is a beautiful open space next to the river with an ornamental lake, children's play area and weekly park runs. The City centre offers 2 shopping malls and a busy high street with many national and international stores as well as a thriving international market. The Bond Street Shopping area has a John Lewis Department Store and an Everyman Cinema. Essex County Cricket club is under a mile away and is located next door to Central Park. Chelmsford Railway Station has trains to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
Tenure: Leasehold
Band B is the Council Tax band for this property and the annual council tax bill is £1,547.28
Lease length: 125 years from 10/10/2018, expiring on 9/10/2143. 119 years remaining.
Ground rent: £250 per annum and is reviewed every 20 years of the term. The vendor is currently progressing a deed of variation regarding the ground rent terms.
Service charge: £1768.88 for 1/11/2023 to the 31/10/2024. The service charge is reviewed annually.
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Entrance Hall
Lounge
4.29 m x 3.15 m (14'1" x 10'4")
Kitchen
3.38 m x 1.83 m (11'1" x 6'0")
Bedroom
3.84 m x 2.46 m (12'7" x 8'1")
Bathroom
Outside