£190,000

2 bed flat for sale
The Ray, Springfield, Chelmsford CM1

    • 2 beds

    • 1 bath

    • 1 reception

    • ~581 sq. ft

  • EPC Rating: D

  • Leasehold

Bond Residential

Logo of Bond Residential

About this property

  • Ground floor apartment

  • Two well-proportioned bedrooms

  • Spacious living/dining room

  • Separate fitted kitchen

  • Bathroom with shower over bath

  • Entrance porch and hallway storage

  • Communal parking

  • Popular Springfield location

  • Currently achieving £1,200 pcm rental income

  • Ideal first-time buy or investment

Situated within a well-maintained residential development in the ever-popular Springfield area, this ground floor apartment offers well-proportioned accommodation, ideal for first-time buyers, downsizers or investors.

The property is accessed via its own entrance porch, leading into a welcoming hallway with useful storage cupboards. The main living space is a bright and spacious living/dining room, offering plenty of room for both relaxation and entertaining, enhanced by a large window allowing for excellent natural light. The kitchen is fitted with a range of wall and base units, work surfaces and space for appliances, positioned conveniently off the hallway and offering scope for modernisation if desired. There are two bedrooms, including a generous principal bedroom and a further well-sized second bedroom, ideal for guests, children or use as a home office. The accommodation is completed by a bathroom fitted with a suite including bath with shower over, wash basin and WC.

Externally, the property benefits from communal parking and well-kept surrounding grounds. This property would make an excellent investment opportunity, with the current sellers advising the property is presently let at £1,200 per calendar month, offering immediate income potential for prospective landlords.

Location

Springfield is one of Chelmsford’s most desirable residential areas, known for its strong community feel and excellent amenities. Nearby, residents have access to a variety of local shops, supermarkets, cafés and everyday conveniences, as well as larger retail options in Chelmsford city centre, including Bond Street and High Chelmer Shopping Centre.

For outdoor enjoyment, the area is well served by green spaces including Springfield Hall Park, Pollards sport field and Springfield Green all offering recreational facilities. There is a pleasant riverside walk through Chelmer Valley Local Nature Reserve known locally as the 'Bunny Walks' which leads you into the city centre.

Transport links are excellent, with Chelmsford railway station providing direct services to London Liverpool Street in approximately 35 minutes, the new station at Beaulieu adds further convenience with the choice of two stations, making it ideal for commuters. Road users benefit from easy access to the A12, A130 and A414.

The property is particularly well positioned for a number of highly regarded schools close to The Ray, including Perryfields Infant School, Perryfields Junior School, Springfield Primary School, and The Boswells School, all of which contribute to the area's popularity with families.

Ground Rent: Peppercorn Annual Service Charge: £1798

Lease Start Date 30/10/1991 Lease End Date 01/01/2989 Lease Term 999 years from 1 January 1990 Lease Term Remaining 963 years

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Leasehold (963 years)

  • Service charge

    £1,798

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

  • Report this listing
See all recent sales in CM1

Property descriptions and related information displayed on this page are marketing materials provided by - Bond Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bond Residential for full details and further information.