Property Details
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!