5 bedroom house of multiple occupation for sale

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5 bedroom house of multiple occupation for sale

Cramphorn Walk, Chelmsford, Essex, CM1
£315,000

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 is an excellent investment opportunity for those looking to expand their portfolio. The well-maintained property 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 has the potential to increase to £36,000 with new tenants. The current tenants have been consistently paying rent and have no intention of moving out, making for a smooth transition for the new owner. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.
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