This is an opportunity to get a proper 1 bed house, (not a quarter house type affair), which has come on to the market with local agent Cmrent for £160,000, which seems to me a pretty fair price. The property itself seems to be in pretty fair condition, having had some updating in recent years.
The location is pretty good, it comes under the Chelmer Village umbrella, which is one of Chelmsford’s ‘hot spots’, so a good little option for a buy to let property.
Similar properties in this area rent for around the £700 pcm bracket, which could generate you an annual return of 5.2%.
This property wont be around for long, so make sure you get in touch with the agent and get yourself a viewing booked