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!
AGENTS NOTES: Anti-Money Laundering (AML) Requirements and Administration Fee
In accordance with legal obligations under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all Estate Agents are required to carry out Anti-Money Laundering (AML) checks on all purchasers.
Should your offer on one of our properties be accepted and you proceed with the purchase, we are required to verify your identity as part of these AML checks. To cover the cost of this process, an administration fee of £30 (including VAT) per person is payable. Please note that this fee is non-refundable.
