Leasehold homes in Chelmsford
How many homes in Chelmsford are sold as leasehold, including leasehold houses. Free
All sales leasehold
23%
30,581 sales since 2016
Houses sold leasehold
1%
excluding flats
New-build houses leasehold
0%
2,452 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Colyers Reach | 33 | 85% |
| Melville Heath | 42 | 67% |
| Alexander Mews | 26 | 100% |
| Kirk Mews | 18 | 100% |
| The Priory | 12 | 100% |
| Bearmains | 5 | 100% |
| Lucksfield Way | 6 | 50% |
What to check before buying a leasehold home
- Lease length. Under 80 years gets expensive to extend and harder to mortgage. Use the lease extension calculator.
- Ground rent and how it rises. Doubling ground rents can make a home unmortgageable.
- Service charges and the sinking fund, plus any planned major works.
- Buying the freehold. Leasehold reforms are making it cheaper for many house owners to buy their freehold.
A conveyancing solicitor will check all of this for you.