5 bed terraced house

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5 bed terraced house

Cramphorn Walk, Chelmsford CM1
£320,000

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 five bedrooms, a three-piece bathroom, lounge, kitchen, driveway, and rear garden space. Currently, it produces an annual gross income of £34,200, which could be increased to £36,000 with the new owner. The property already has tenants situated, who have consistently paid their rent and have no intention of moving out, making for a smooth transition. With a valuable location and rewarding rental returns, this property is a fantastic addition to any investor's portfolio.