Wednesday 21 January 2015

Westlands, Chelmsford property with a 5.8% yield.

This property has recently come to the market and looks in really good condition. I reckon the current owners have spent a pretty penny bringing it up to this level. As a landlord, you shouldn't need to do anything to it to get it 'Letting Ready'

With similar properties in the area renting for £725 pcm, against the purchase price on this one of £149,995, you are looking at an annual return of 5.8%

This is a pretty good return for a property in Chelmsford and is not to be sniffed at.

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