1 bed apartment with a 5.7% Yield in Chelmsford

 
I’ve just come across this cheeky little Chelmer Village property and thought it was a good one to mention. It’s on the older part of Chelmer Village, so it may not be as modern inside, there’s not many photos to go off, so there is a chance that the bathroom or kitchen may need a bit of updating. In tip-top condition though, these properties rent around £625 pcm, which based on it’s current asking price of £129,995 would give you a return of 5.7%, however, to my mind, with the stamp duty threshold at £125k, I would think that the owners would be looking to achieve this level, which will make the yield even better.