This flat is huge! 2 big bedrooms, nice big lounge and a garage! There are very few apartments of this size around Chelmsford, If I were you, I would snap it up! The only thing that I would possibly do to it would be to neutralize the decor slightly to make it more appealing to a wider market.
Rental wise, this sort of property should rent out for around £795 pcm, so when you compare it the asking price of £179,995, you are looking at a potential annual return of 5.3%
Don;t hang around though, before you know it this property will have been snapped up! I was speaking to one of my investor landlords at the weekend, he has been out viewing properties to add to his portfolio and he has missed out on several, even those that he has offered on, he has been out-bid! It’s crazy out there!