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Kings Road, Chelmsford CM1 5 bed semi
Kings Road, Chelmsford CM1
£335,000
Kings Road, Chelmsford CM1
£335,000
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 a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features a lounge, kitchen, driveway, and rear garden space, and is currently producing an annual gross income of £34,320. With tenants already situated and willing to stay, the new owner can increase the rent to a market rate of £36,000, making it a worthwhile addition to their portfolio. The property is located close to valuable amenities, and the current tenants have consistently paid their rent and have no plans to move out, ensuring a smooth transition for the new owner.