Another day and another 2 bed house, ripe for the picking. This lovely little number on Beehive Lane in Chelmsford, is a good size, well presented, in a great location and could generate you an annual yield of 4.8%…. where do we sign!
It’s not long been on the market with Home Partnership, so I wouldn’t wait for too long before getting down there to register your interest. I’m sure that this will attract a lot of people
The asking price for this house is £250,000, I think that this is a bit high, compared to what other houses have sold for in the area, the vendors are probably giving it a go to see how close they can get. It is beautifully presented, so that does go some way towards it, but it’s always nice if you can get a bit off the asking price. If you could purchase it for £240,000, you would achieve rent in the order of £975 for it, then bingo… there’s your 4.8% return.
I’m about most days in the office, so if you fancy popping in for a cuppa and a chat,come on down. My office is on Duke Street