Friday 3 July 2015

3 bed house in Chelmsford with a 5% yield...

Having a look through the property portals this morning and this 3 bedroom house caught my eye as it is a pretty good size and not in bad condition either, someone has loved it!

I'll be honest, the area is not everyone's cup of tea, although there is a good school nearby, so hopefully that over-weighs that negative. We have rented similar properties to these for around the £1000 pcm mark recently, which when you compare it against the asking price of £240,000, could potentially give you an annul yield of 5%. 

I don't think this house will be around for long though, so if you are interested, get yourself down to The Home Partnership, who are the selling agent.

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