1 Bedroom Flat, Searle Crescent, Broomfield, CM1

Shared ownership property being sold at 40% share with a full value of £220,000. An immaculately presented, modern one double bedroom top floor flat featuring a spacious open-plan kitchen/reception room, a contemporary bathroom, and an allocated parking space. The property is conveniently positioned within the sought-after area of Broomfield, providing easy access to Chelmsford city centre.

The spacious entrance hall includes a video entry system, a useful storage cupboard, and leads to the bedroom, family bathroom, and living area.

Ideal for entertaining, the bright open-plan kitchen/reception room is situated to the front of the property. French doors open onto a Juliette balcony, flooding the space with natural light which nicely compliments the attractive laminate flooring. The well-equipped kitchen offers a range of base and eye-level units, ample work surfaces, a stainless steel sink, and integrated appliances including a washing machine, fridge freezer, and an electric oven with a gas hob and extractor hood.

The bathroom features a modern three-piece white suite with a panel enclosed bath, glass screen, and wall mounted shower. It is finished with tiled flooring, a low-level WC, a wash hand basin, and a chrome ladder-style heated towel rail.

To the rear of the property is the generously sized double bedroom, which is neatly carpeted and neutrally decorated.

Outside: The property benefits from an allocated parking bay situated in the residents' car park to the rear of the building.

Location: Located approximately three miles north of Chelmsford city centre, this property is perfectly placed to enjoy Broomfield’s local amenities. The nearby villages of Little and Great Waltham offer excellent pre and primary schooling, traditional pubs, and a well-stocked village store and post office. Surrounded by scenic countryside walks, the area also benefits from regular bus links to the city centre, surrounding villages, and Stansted Airport.

Chelmsford itself seamlessly combines major brands like John Lewis with a vibrant mix of independent boutiques, bars, and restaurants. Moulsham Street adds to this variety with its unique selection of quirky eateries, pubs, and cafes. For outdoor recreation, residents can explore numerous local parks, including Central Park, which hosts the popular weekly Parkrun. Perfect for commuters, the mainline railway station provides a direct link to London Liverpool Street in approximately 35 minutes.

Important information:
Council Tax Band - C
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Leasehold 125 years from 2018 (117 years remaining)

Scheme - Shared ownership.

Percentage - 40%

Price £88,000 of the 100% value £220,000

Staircasing (potentially up to 100%) available

Charges Payable - The current monthly charges payable to Home Group are broken down as follows:

Rent - £432.50

Every month (in addition to your rent) you will pay:

Estate charge: £54.09

Management fee: £7.50

Reserve Fund: £5.63

Insurance Charge: £10.94

Other service charges: £57.94

Total monthly payment excluding rent: £136.13

* These payments will be reviewed on an annual basis (1st April each year).