Monday 6 July 2015

Chelmer Village, Chelmsford buy to let opportunity...

I hope everyone has enjoyed the heatwave and haven't melted away! 

Back to it this morning though and I've spotted this property which I thought was worth a mention. It is a 1 bedroom apartment in a popular little spot in Chelmer Village. We have had a few properties in this area for rent and they always go quite quickly, similar properties to this would rent in the region of £600 pcm. 

Haart have listed this property for £140,000, condition wise it looks to be in pretty good nick, so hopefully not too much to have to be done to it to get it ready for letting. Working out our sums on this asking price and rental price of £600 pcm, you could be looking at a potential gross annual yield of 5.1%.

Properties like this are getting snapped up pretty quick, so don't hang around if you think this one appeals to you.

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