The Chelmsford Property Blog: Chelmsford City Centre 5.8% Yield!

Friday, 27 June 2014

Chelmsford City Centre 5.8% Yield!

Roll up, Roll Up... On this morning's Rightmove search for the latest tasty deals, another Durrant Court property has come on with great yield potential. We have just rented a property in this block for £800 pcm, which if you translate across to an asking price of £165k, you could be looking at 5.8% return! This block is popular with renters due to it's location and the size that the flats offer and also the fact that they have parking!!! Which is a bonus being this close to the centre of Chelmsford.

http://www.rightmove.co.uk/property-for-sale/property-30261618.html

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Stephen Frost

Hi and thank you for visiting this blog. I have been in the Chelmsford Property market since 2008, owning and running with my excellent colleagues, the Martin and Co office in Chelmsford.

I have always shared my thoughts on the local property market in Chelmsford with my landlords, but now I want to share with everyone in the town.

On this blog, Emma Stuart and I will talk about what is happening in the town's property market itself, even looking at specific streets or housing estates. At other times, we will post what we consider decent buy to let deals. Some will be on the market with me (as we also sell property), but others will be on the market with other agents in Chelmsford. We like to look at the whole of market and give you, what we consider the best investment opportunities.

If you see a potential deal, and want a second opinion, without hesitation, email the Rightmove link to stephen.frost@martinco.com . we will always give you our honest opinion on the property and its investment potential. (both good and bad) .

Stephen