Wednesday 1 July 2015

Old Moulsham, Chelmsford apartment, great for Buy to Let...

This modern 2 bed apartment is in a really great location at the bottom of Moulsham Street, great for shopping and dining. 

As this property is still fairly new, it is still in pretty good nick, modern kitchen and bathroom, so hopefully the preparation of it should be fairly minimal to get it 'Letting Ready'. You might be able to get away with just a pro clean and bobs your uncle. Another bonus with this property is that it does have parking, which is ideal.

William H Brown, have just put this on the market for £190,000, which it will probably achieve, due to the demand being crazy in Chelmsford at the moment! I would say that an achievable rent for this property would be in the region of £850 pcm, which would generate you a gross annual yield of 5.3%

We spend a lot of time looking at the local market trying to ascertain where the next property hot spot is going to be. sign up to this blog as we post out articles every week.

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