Guide price
£125,000
1 bed property for saleNew Writtle Street, Chelmsford CM2
1 bed
1 bath
1 reception
EPC Rating: C
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Development of 50 one & two bedroom apartments
Approx. 0.5 miles to River Can & River Chelmer
On-site House Manager
Communal homeowners' lounge
Well-maintained communal gardens
Bailey Court is an attractive over 60's, one bedroom apartment ideally positioned just half a mile from the picturesque River Can and River Chelmer and within easy reach of Chelmsford City centre.
Description
The development features a selection of well-maintained communal areas, including a welcoming homeowners’ lounge and attractive landscaped gardens-perfect for relaxing or socialising with friends, family and neighbours.
For added flexibility, there is also a guest suite available, allowing visiting friends and family to stay comfortably without the need for additional arrangements.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Door
Lounge 17' 6" x 9' 10" ( 5.33m x 3.00m )
Kitchen 9' x 5' 7" ( 2.74m x 1.70m )
Bedroom 12' 7" x 12' 6" ( 3.84m x 3.81m )
Shower Room 6' 7" x 5' 11" ( 2.01m x 1.80m )
Allocated Parking
Agents' Note:
Lease: 125 years from 1 January 2013
Current Ground Rent: £425 pa
Current Service Charge: £3389.59 pa
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Mortgage calculator
£625 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (112 years)
Service charge
£3,390 per year
Council tax band
D
Ground rent
£425
Ground rent date of next review



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