The Chelmsford Property Blog: 3 Bed House in Chelmsford with Potential yield of 5.2%

Friday, 28 August 2015

3 Bed House in Chelmsford with Potential yield of 5.2%

http://www.rightmove.co.uk/property-for-sale/property-51404851.html?premiumA=true

Well, we are at the end of another week and gearing up for the weekend, (alright for those, who don't have to go to work on Saturday!)

This house is a great size, even offering a conservatory. 3 beds are also very popular in the rental market as they don't come up very often.

This house has come to the market with a guide price of £230,000, which when you compare it a guideline rental price of £1000 pcm, could give you an annual yield of 5.2%. Condition wise also looks OK, but always best to double check this on a viewing though!

If you have any questions about buy to let, give me a call on 01245 330500

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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