5 bed terraced house

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5 bed terraced house

Cramphorn Walk, Chelmsford CM1
£345,000

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)

Description

This 5-bedroom HMO in Chelmsford offers a fantastic opportunity for investors to expand their portfolio. The well-kept home features a spacious lounge, kitchen, three-piece bathroom, and wc, as well as a driveway and rear garden space. Currently, the property produces an annual gross income of £33,840, which could be increased to a market rate of £36,000 with the new owner. The current tenants have consistently paid their rent and do not intend to move out, providing a stable and reliable source of income. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.