5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Shelley Road, Chelmsford, Essex, CM2
£340,000

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-maintained property features 5 bedrooms, a three-piece bathroom and wc, lounge, kitchen, driveway, and rear garden space. Currently, the property produces an annual gross income of £34,800, which could be increased to a market rate of £36,000 with tenants already situated. The current tenants have consistently paid their rent and do not intend to move out, 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.