Chelmer Village is where it is at this week! This 1 bed maisonette in Chelmer Village looks as though it has had some updating done throughout the years, which will save you a job if you decide to buy it!
http://www.rightmove.co.uk/property-for-sale/property-39044157.html
As mentioned in previous blogs, Chelmer Village is a popular spot for renters, a little bit further away from the centre of Chelmsford, which appeals to the people who don’t want to live in the Hustle and Bustle of City life, but still want access to amenities.
This maisonette has just come to the market with an asking price of £139,995, which seems pretty reasonable to me. Considering that you would be looking at an asking rent of about £675 pcm, this little property could gross you an impressive 5.7% annual Yield!
There are quite a few properties coming to market at the moment, so if you see something that you like the look of and would like some advice on what the rental amount could be, I will always give you an honest opinion. This is very important in order to base your calculations on and to make sure that the investment will work for you. my e-mail address is stephen.frost@martinco.com
