Friday 21 November 2014

Chelmsford City Centre Apartment

I haven't seen one of these flats come to the market for a while, so thought I would put it out there as it seems to be quite a good deal.

In the City Centre, ideal for the commuting market and also coming with a parking space, to me, this should not be sniffed at. On the market for £209,950 with a local agent, I would recommend that you get yourself a viewing booked before you miss out. 

These properties rent out for around £895 at the moment, so if you do your sums, you would be looking at an annual return of around 5.1%

This flat may not be as swanky as say the Marconi Plaza development with a gym and concierge etc, but it's also not as expensive as them. You can get yourself a decent City centre investment property without breaking the bank!

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