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5 bedroom house of multiple occupation for sale
Cramphorn Walk, Chelmsford, Essex, CM1
£335,000
Cramphorn Walk, Chelmsford, Essex, 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 offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features five bedrooms, a three-piece bathroom, and a spacious lounge, kitchen, 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 new tenants. The existing tenants, who have consistently paid their rent, are looking to remain in the property, 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.