Halfway through another week already… where does the time go! I’ve come across this little property and thought it was a potentially good property for investment. It’s a nice 2 bed maisonette, quite modern with off road parking, just what the lettings market is looking for.
It may not be a high flying city pad, but don’t neglect the surrounding areas of Chelmsford, they rent just as well as the central properties.
It’s come on with Pink Residential for £167,500 and I would suggest a rental valuation in the region of £700 pcm. So, potentially you could be looking at an annual return of 5% before fees etc.
At the moment, property is not hanging around, so if you are interested, you best go down to the agents to see about how to go forward.