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2 bedroom flat for sale
Mildmay Road, Chelmsford CM2
£190,000
Mildmay Road, Chelmsford CM2
£190,000
Our Summary
- 1% ROI investment opportunity
Description
This two-bedroom and study maisonette is located on the first floor and is available to buy to let investors only. The property is situated a short walk from Chelmsford city centre and has a current return on investment of 9.1% based on the current rental income and asking price. The property is leasehold with 68 years remaining on the lease, which may impact mortgage availability. The apartment is currently tenanted and is being sold with a sitting tenant. The area of Moulsham offers a range of amenities, including schools, shops, and a Tesco superstore, and is close to Chelmsford station with regular services to London.