Foxglove Way, Springfield, Chelmsford
CM1 6QR
Guide Price
£150,000 (Leasehold)
2 Beds
1 Baths
This bright and airy top floor flat is located in the popular Springfield area of the City and is being offered for sale with no onward chain. Inside, there is an entrance hall, lounge/diner, kitchen, two bedrooms and a bathroom. Outside, there is a residents parking area and communal garden space.
The sellers are for sale at a Guide Price considered less than the market value due to the remaining lease term. Overall, this flat is a fantastic opportunity for anyone looking to expand their investment portfolio.
Foxglove Way is located off of Petunia Crescent in the popular Springfield area which is conveniently located close to a range of local amenities, making everyday tasks such as grocery shopping or going for a meal out a breeze. Springfield offers excellent links to the A12 and is on a bus route in to the City and railway station with trains to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
Agents note: The property currently has 54 years remaining on the lease. We hold a valuation letter in accordance with extending this which can be made available upon request.
Band B is the Council Tax band for this property and the annual council tax bill is £1,682.52.
Tenure: Leasehold
Lease length: 99 year lease from 25 June 1979. 54 years remaining
Ground rent: £120 per annum until 2036. The ground rent will then increase to £180 for the remainder of the term.
Service charge: £1,349.47 for the period 01/04/2024 - 31/03/2025
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Second floor
Entrance hall
Lounge/diner
4.78 m x 3.43 m (15'8" x 11'3")
Kitchen
2.59 m x 2.62 m (8'6" x 8'7")
Bedroom 1
2.77 m x 3.84 m (9'1" x 12'7")
Bedroom 2
2.16 m x 2.67 m (7'1" x 8'9")
Bathroom
Outside
Resident parking area
Communal gardens