>
5 bedroom semi-detached house for sale
Kings Road, Chelmsford CM1
£325,000
Kings Road, Chelmsford CM1
£325,000
Our Summary
- Investment Opportunity – 5-Bedroom HMO, Chelmsford
- Positioned within easy reach of valuable local amenities, transport links, and major employers, this property represents an excellent investment opportunity for those looking to expand or strengthen their portfolio
- Given its attractive yield, established tenancy, and potential for increased returns, this property makes for a valuable and reliable addition to any investor’s portfolio
- All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission and building regulations is accurate and correct
- Strong Investment Potential
Description
This five-bedroom HMO property in Chelmsford is an excellent investment opportunity, offering a current gross annual income of £33,840 and potential market income of approximately £36,000 per annum. The property is well-maintained and features five spacious bedrooms, a modern bathroom, additional WC, lounge, kitchen, driveway parking, and a private rear garden. With a strong rental area and low-maintenance requirements, this property provides immediate rental returns and has the potential for increased returns. The property is currently tenanted, providing a reliable income stream, and its appeal lies in its attractive yield, established tenancy, and potential for growth. With a guide price of £325,000-£375,000, this property is a valuable addition to any investor's portfolio.