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Guide price

£410,000

4 bed maisonette for sale

Arnhem Road, Chelmsford CM1

  • Auction

    • 4 beds

    • 2 receptions

  • EPC Rating: C

Key information

Pattinson - Auctions

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About this property

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply.

  • Two maisonettes on one freehold title

  • Ground & first floor

  • Both have gardens

  • Opportunity to split title & create two leases

  • Great rental investment

Summary

Investment opportunity! Two maisonettes on one Freehold title, both with outside space and parking
The properties are within easy reach of local shops, schools and parks and just over a mile to Chelmsford's vibrant city centre and mainline rail station which services London Stratford and London Liverpool Street.

Our client is selling a fantastic opportunity to acquire one Freehold title on which currently sits two maisonettes (ground and first floor), both with rear gardens and parking. Both maisonettes would rent out incredibly easily at around 1250 pcm, providing a gross annual income of 30,000 per year, or there is the opportunity to put the properties on separate titles and sell one or both of them. (Draft Leases are available upon request)

Council Tax Band: B
Tenure: Freehold

Lounge

Lounge 14'1 x 10'1

Kitchen

Kitchen 10' x 6'5

Bedroom 1

Bedroom 1 16'11 x 13'1

Bedroom 2

Bedroom 2 13'4 x 8'7

Open Plan Lounge/Kitchen

Open Plan Lounge/Kitchen 24'6 x 10'1

Bedroom 3

Bedroom 1 13' x 10'5 (max measurements)

Bedroom 4

Bedroom 2 13'1 x 8'5

Parking

There is also driveway parking for 2 vehicles so one per property would be sensible.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

More information

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