The Chelmsford Property Blog: Chelmsford deal of the day...

Wednesday, 7 October 2015

Chelmsford deal of the day...

Good morning property hunters, thought I'd put some mid week madness out there today with this property. It's a really lovely 2 bed apartment, which has been modernized on Brooklands Walk in Chelmsford, just off New London Road at the Miami Roundabout end.
http://www.rightmove.co.uk/property-for-sale/property-51776059.html

It has come to the market with Haart for £160,000 and you get 2 bedrooms for that! Rental wise, similar properties are renting in the region of £795 pcm all day long. So if I get my trusty calculator out to work out the yield. You could be looking at a 5.9% annual return! This is before any service charges or ground rents are taken into account, so best to check what these figures are before getting too excited. But initially, this seems like a pretty good buy to let deal!

If you would like any advice on buying to let, give me a call 01245 330500

3 comments :

Rahul John9 October 2015 at 07:22
Supertech has launch new money-making project Supernova Astralis at Sector 94 Noida. The new Supertech Commercial project offers office spaces with more facilities.
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Rahul John9 October 2015 at 07:33
Ajnara Group launch new Ajnara Ambrosia residential 2/3 BHK apartments project at sector 118 Noida.
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Rahul John9 October 2015 at 07:36
What makes fashion themed accommodations like Fashion Crown Lucknow so trendy?
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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