Monday 16 June 2014

Amazing 6.7% Yield in Chelmsford!

Just seen this property come to the market with Bairstow Eves and if I were you, I would get in there sharpish. At only £85k for a little studio apartment, you will never have a problem in renting this type of property out. Commanding rents in the region of £475, means you would achieve a 6.7% yield!

As I have mentioned before on this type of property, you will probably have a higher turn over of tenant than you would with say a 2 bedroom property, so will need to be aware of this when looking into figures etc, although you wont have to worry about prolonged void periods!

More details on the link below

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