This apartment is looking luvly, we can’t get enough of this type of property, we could rent them all day long!
This shining example is on the market for £155,000, which considering the condition and the fact it has parking isn’t bad, it’s always nice if you can squeeze a little off the asking pricethough, make you feel like you are getting a deal!
Bearing in mind the rental on this would be circa £695 pcm, this would look to generate a gross yield of 5.3%. Of course you would need to take into account any service charges and ground rent that would be due.
If you would like any advise on investing in Chelmsford, give me a call!