Friday 17 April 2015

Chelmsford apartment with a 6% potential yield!

So, my last little nugget of property good-ness this week,  is this one I have spotted on Brooklands walk, which has the potential to gross you an annual return of 6%!

It is on the market with Bairstow Eves for £150,000, however it says only available to cash purchasers, so I would suggest asking why this is as there is no info on the details about it. If you have got the cash spare to spend, this is a good renter. They always rent easily in this development and has got a nice modern kitchen in it, which is a good sign. Similar properties have rented in this development for £750 pcm. 

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