1 bed flat

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1 bed flat

Baden Powell Close, Chelmsford CM2
£172,000

Price History

Initial price £210,000
29/11/24 £206,000
14/12/24 £190,000
21/12/24 £187,000
03/01/25 £184,000
10/01/25 £181,000
17/01/25 £178,000
31/01/25 £175,000
27/02/25 £172,000
13/03/25 £190,000
19/03/25 £187,000
26/03/25 £175,000
03/04/25 £172,000
Price Change -18.10%

Description

This 1-bedroom flat in Chelmsford is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious bedroom and lounge, modern bathroom, kitchen, garage, and a town centre location. Currently, the property generates an annual gross income of £14,400, which could be increased to a market rate of £16,680 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making it a low-risk investment. With a worthwhile addition to an investor's portfolio, this property is sure to generate rewarding rental returns and is a great opportunity for those looking to expand their property portfolio.