Wednesday 26 November 2014

1 bed maisonette in Chelmer Village

Just popped on to Rightmove and saw this property. It seems to be quite nice from the photos, a simple property perfect for the lower end of the rental market. 

Being relatively cheap to buy as well at £135,000, this sort of property would easily achieve around £600 pcm rent. When you do your sums on these figures, you would be looking at a yearly return of around 5.3%

Being at the lower end of the rental market, means that there is always demand for this type of property, so you can't go far wrong here if you are looking for a property that will give you minimal void periods.

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