Friday 14 November 2014

Potential good property in Chelmer Village

Now, I've had a look at this property and although at the moment it isn't offering the best yield going, I think if you can get it at the right price, you could end up with a little corker.  It has been updated quite considerably, so is looking quite lovely, however the price is a bit top heavy compared to others that have been selling in the area. If you could get it slightly cheaper at £160k for arguments sake. When you are looking at a rental figure of £675 pcm, this should generate you an annual yield of 5%. It all boils down to weather you can get it for the right price.

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