Wednesday 8 April 2015

5.4% Return potential in Chelmer Village, chelmsford

I hope everyone had a lovely Easter bank holiday, it's all over too quickly though in my opinion. 

But back to the grind now and thought I would start you off this week with this corker of a property. It's a 2 bed maisonette in Chelmer Village, prime rental territory, and it's a great size. It has come to the market for £165,000. there is currently a tenant in the property paying £695, which in itself would give you a 5% gross yield per year. However, if this was to come back to the market fresh, you would be looking at a rental of £750, which could potentially boost the annual yield to 5.4%!! It has got 'Buy Me' written all over it!

This property will not be around for long though, already we have viewings booked in on it, if you are interested and would like to know more, give me a call on 01245 330500

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