>
Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale
Woodland Road, Chelmsford, Essex, CM1
£650,000
Woodland Road, Chelmsford, Essex, CM1
£650,000
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 9-bedroom HMO in Chelmsford is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features 9 bedrooms, shared bathrooms and WC, a spacious lounge, kitchen, driveway, and rear garden space. Currently, it produces an annual gross income of £62,880, which could be increased to £68,712 with market-rate tenants. The current tenants, who have consistently paid their rent, are willing to stay on, making for a smooth transition. With a valuable location and rewarding rental returns, this property offers a worthwhile addition to an investor's portfolio.