Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale

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Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale

Woodland Road, Chelmsford, Essex, CM1
£680,000

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 offers a fantastic 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 producing an annual gross income of £62,880, the property has the potential to increase its income to £68,712 with the new owner. The current tenants, who have consistently paid their rent, have no intention of moving out and are willing to remain in the property. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.