This one-bedroom ground floor flat is situated in a highly sought-after purpose-built block and is being sold by livestream auction on July 22nd, 2025. The flat is in good decorative order and benefits from a garage, modern décor, and a long lease. It is currently tenanted, with a rent payable of £1,130 per calendar month, offering a yield of 9.35% if purchased at the guide price. The flat is well presented and spacious, with a lounge/diner, kitchen, bedroom, and bathroom. The block is well maintained, and the location is convenient, with easy access to the A12 and A130, and Chelmsford town center and rail station just a 10-minute drive away. The lease has 125 years remaining from January 2006, and the property has an EPC rating of C. Additional fees apply, including an administration fee and buyer's premium fee.