Another apartment has come on the market on The Village, in Chelmsford. A great area for a buy to let property. They always rent like hot-cakes.
This apartment looks to be in good condition, and looks to be a fairly reasonable asking price of £145,000. We have just rented one on Parkinson Drive of a similar size for £750 pcm.
Without even negotiating on the asking price, you are looking at a yield of 6.2% with these figures.
If you are interested in this property, I wouldn’t hesitate to call the agent it is on the market with as it won’t be around for long.