Located just off New London Road, near the cricket ground, this area is great for investment purposes. The properties are a bit older and offer slightly more generous room sizes than modern blocks of flats.
This property has just on the market with Bond for £210,000 and recent properties of this type have rented in the area for £1050. Looking at the maths, this could potentially generate you a yield of 6% before fees.
The way the market is at the moment, if you are interested in this property, call the agent and get yourself a viewing today so that you don’t miss out!
Chelmsford Property with a 6% potential Yield!
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