2 bedroom flat

Durrant Court, 1 Brook Street, Chelmsford, Essex, CM1 1UE

Size: sqm

Purchase price

£230,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £50
Service charge £2,114
Lettings fees £756
Net income £7,580
Gross yield 4.57%
Net yield 3.30%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! INVESTORS ONLY! This well presented two bedroom ground floor apartment is in the heart of Chelmsford.


Brook Street is an already tenanted, well presented ground level apartment in the heart of Chelmsford. The apartment comprises of two large double bedrooms, a spacious lounge, a re-fitted kitchen, a re-fitted three-piece bathroom suite and double-glazed windows throughout. The apartment also comes with an allocated parking space.

Brook Street is located perfectly for commuters working in London, being just a 43-minute train journey to central London. It is also just 5 minutes from Chelmsford centre, which offers a great range of shops, bars and restaurants.

DataLoft Inform reports that over the past three months £309m of property sold in the Chelmsford area, with 20% of those properties being flats. Over the past 12 months, Chelmsford sale prices have risen – albeit marginally. The rise last year saw Chelmsford’s average property price reach £330,165, which compares with £286,126 for the East of England as a whole and £229,339 nationally.

- 9000 new homes being built by 2036
- Dukes Nightclub set to be transformed into 112 new flats
- Average sale price of £330,165

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Two bedroom apartment

Key features

Ground floor

Key features

Allocated parking

Key features

Secure entry system

Key features

Excellent location

Key features

Great transport links

Key features

5 minutes to Chelmsford town centre

Key features

43 minutes to central London

Key features

Shops, bars and amenities nearby

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! INVESTORS ONLY! This well presented two bedroom ground floor apartment is in the heart of Chelmsford. More info...

Brook Street is an already tenanted, well presented ground level apartment in the heart of Chelmsford. The apartment comprises of two large double bedrooms, a spacious lounge, a re-fitted kitchen, a re-fitted three-piece bathroom suite and double-glazed windows throughout. The apartment also comes with an allocated parking space.

Brook Street is located perfectly for commuters working in London, being just a 43-minute train journey to central London. It is also just 5 minutes from Chelmsford centre, which offers a great range of shops, bars and restaurants.

DataLoft Inform reports that over the past three months £309m of property sold in the Chelmsford area, with 20% of those properties being flats. Over the past 12 months, Chelmsford sale prices have risen – albeit marginally. The rise last year saw Chelmsford’s average property price reach £330,165, which compares with £286,126 for the East of England as a whole and £229,339 nationally.

- 9000 new homes being built by 2036
- Dukes Nightclub set to be transformed into 112 new flats
- Average sale price of £330,165

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Two bedroom apartment
    Tick Desktop Ground floor
    Tick Desktop Allocated parking
    Tick Desktop Secure entry system
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop 5 minutes to Chelmsford town centre
    Tick Desktop 43 minutes to central London
    Tick Desktop Shops, bars and amenities nearby
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £10,500
Ground rent £50
Service charge £2,114
Lettings fees £756
Net income £7,580
Gross yield 4.57%
Net yield 3.30%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.