The Chelmsford Property Blog: Chelmsford Property with a 6% potential Yield!

Monday, 19 January 2015

Chelmsford Property with a 6% potential Yield!

http://www.rightmove.co.uk/property-for-sale/property-47967835.html

Located just off New London Road, near the cricket ground, this area is great for investment purposes. The properties are a bit older and offer slightly more generous room sizes than modern blocks of flats.

This property has just on the market with Bond for £210,000 and recent properties of this type have rented in the area for £1050. Looking at the maths, this could potentially generate you a yield of 6% before fees.

The way the market is at the moment, if you are interested in this property, call the agent and get yourself a viewing today so that you don't miss out!

1 comment :

propertyturkey20 January 2015 at 09:41

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Stephen Frost

Hi and thank you for visiting this blog. I have been in the Chelmsford Property market since 2008, owning and running with my excellent colleagues, the Martin and Co office in Chelmsford.

I have always shared my thoughts on the local property market in Chelmsford with my landlords, but now I want to share with everyone in the town.

On this blog, Emma Stuart and I will talk about what is happening in the town's property market itself, even looking at specific streets or housing estates. At other times, we will post what we consider decent buy to let deals. Some will be on the market with me (as we also sell property), but others will be on the market with other agents in Chelmsford. We like to look at the whole of market and give you, what we consider the best investment opportunities.

If you see a potential deal, and want a second opinion, without hesitation, email the Rightmove link to stephen.frost@martinco.com . we will always give you our honest opinion on the property and its investment potential. (both good and bad) .

Stephen