Another little rental ‘Hot Spot’ is The Village in Chelmsford. A development of apartments & houses, with a diverse population. Far enough away from the City centre to be out of it and close enough to get to the commuter links with ease.
This apartment looks like it has been much improved by the current owners, which will set it apart from some of the other apartments in the development. On the market for a reasonable price of £158,000, which with a rental figure in the region of £725, will give you a return of 5.5%. Not too bad eh!
For more advise on where you should be buying an investment property, give me a call or send me an e-mail stephen.frost@martinco.com
