Who says size doesn’t matter!
This apartment in Great Baddow, just off Beehive Lane is huge, considering it’s only a 1 bedroom apartment, the lounge is a cracking size and the bedroom is a really decent double size as well. Some 2 bed apartments are smaller in comparison!
This apartment has come to the market with Beresfords for £155,000, which you might think is quite high for a 1 bed, but have to take into account the dimensions of it. The rental return though is still just as good as others on the estate. An apartment of this size in this location, should easily rent for £700 pcm. Therefore you could be looking at a potential gross annual yield of 5.4%.
If you would like any advise on the Chelmsford property market, feel free to give me a call on 01245 330500
