Brook Street, Chelmsford, CM1 1UH

Apartment | UK

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Asking Price

£245,000

NET

4.27%

GROSS

4.61%

FINANCE

Y

AT A GLANCE

1 - 2 Bathroom(s)
Apartment
Allocated Parking
15 Plots
New Build

Apartment

High specification luxury apartments located in the popular Chelmsford area which makes a great commuting location into London.

Chelmsford is an area that has seen property price growth of 54% since 2010 and 70% in the last 10 years. Along with high tenant demand for properties located close to rail stations for commuting these make the perfect investment.

From an experienced developer these studio’s and 1 bedrooms with allocated parking offer yields upto 4.6% for AST’s and have the added benefit of being serviced let approved therefore offering further opportunity to increase yields above 10%.

Over £1 billion of property transactions completed through an award winning service spanning two decades, our seasoned experts are always on hand to discuss individually tailored property strategies tailored to any type of investor.

Bancroft Consultancy

Bancroft Property

About Bancroft

Risk Warning and Disclaimer:

The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Bancroft Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.

© 2022 Bancroft Property | All rights reserved

Trading office: Bancroft Property Limited, Landmark House, Station Rd,Cheadle Hulme, SK8 7BS.
Registered office: Kay Johnson Gee LLP, 2nd Floor 1 City Road East, Manchester, M15 4PN
Registered in England and Wales. Company number 4495445. VAT number GB833 6371 26