1 bed flat for sale

Springfield Road, Chelmsford CM2

Spacious 1-Bedroom Ground Floor Apartment – 30% Shared Ownership

Discover this well-proportioned one-bedroom ground-floor apartment in Wicket House, Chelmsford, offering a perfect blend of comfort and practicality.

The thoughtfully designed u-shaped fitted kitchen is neatly tucked away from the open-plan living and dining area, allowing for a seamless flow while keeping kitchen clutter out of sight. Large front-facing windows in the lounge/diner flood the space with natural light, creating a bright and airy atmosphere.

The generous bedroom provides ample space for relaxation, while the modern bathroom and a convenient storage cupboard in the entrance hallway further enhance the functionality of this home.

Key Details:

• Price: £67,500 (30% share of £225,000 full market value)

• Ownership: 30% Shared Ownership – Leasehold

• Lease Term: 125 years from January 2022

• Staircasing: Buyers can purchase additional shares in a minimum of 10% increments when buying the property

• Monthly Charges (From 1st April 2025): £594.34

o Rent: £430.12

o Management Charge: £24.17

o Insurance Charge: £33.00

o Service Charge: £75.97

o Reserve Fund: £32.08

o Charges are reviewed annually on 1st April

Important Information:

Anyone wishing to purchase this property must be assessed and approved by Home Group before a sale can be agreed.

This is a fantastic opportunity for first-time buyers or those looking to step onto the property ladder in a sought-after location. Don't miss out—contact us today to arrange a viewing!