Cramphorn Walk, Chelmsford CM1 5 bed terraced house for sale

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Cramphorn Walk, Chelmsford CM1 5 bed terraced house for sale

Cramphorn Walk, Chelmsford CM1
£340,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 5-bedroom HMO in Chelmsford is an attractive investment opportunity for those looking to expand their portfolio. The property features a well-kept interior with 5 bedrooms, a three-piece bathroom, and a lounge, kitchen, driveway, and rear garden. Currently, it produces an annual gross income of £33,240, which could be increased to £36,000 with new tenants. The property already has tenants in situ who have consistently paid their rent and have no plans to move out, making it a hassle-free investment. With a valuable location and potential for increased rental returns, this property presents a worthwhile addition to an investor's portfolio.