Apartment in Great Baddow could make a good investment


Just like a show home this one! It looks lovely, depending on what it looks like when the furniture has been moved out, you may not need to do anything to it before a tenant moves in. 
This is another popular area as it is not too far away from the City centre, but far enough out, if you want a bit more peace and quiet. 
It is on the market with Beresfords and has just come on, properties of this type and quality will not be around for long. Price wise, it is priced at £200,000 and could generate you an annual yield of 5.3%, when you look at the rent that could be achieved which would be in the region of £895 pcm. 
Being an apartment though, you would need to take into account also the service charges and ground rent that may be due, this is something that the marketing agent should have information on. 
If you have any questions about buying to let, please do not hesitate to contact me on 01245 330500, or pop into my office on Duke Street
 

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