“R2RSA in Chelmsford”

Sourced is thrilled to present you with an incredible opportunity in Chelmsford. This 2-bedroom, 1-bathroom property presents an enticing opportunity for a serviced accommodation in Essex. Offering convenience in an ideal location. Don’t miss out on the chance to secure a perfect investment in the Heart of Chelmford! Available on a 5 agreement for a R2RSA.

It is located just a few minutes’ walk to the Rivermead gate medical centre.There are plenty of shops nearby. With a 3-4 min walk to supermarket, bars and restaurants and small pop-up food market. The strategic location offers easy access to Chelmsford train station & the city centre.

The financials:
▪ Rental price: £1,750
▪ Annual profit: £17,676
▪ Annual rent: £21,000
▪ ROCE: 236%

▪ On going monthly cost: £2,275
▪ Total monthly net profit: £1,473
▪ Total investment: £7,500 made up of
▪ Sourcing fee: £4,000
▪ First month’s rent: £1,750
▪ Deposit one month: £1,750

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.