Shelley Road, Chelmsford CM2 5 bed terraced house for sale

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Shelley Road, Chelmsford CM2 5 bed terraced house for sale

Shelley Road, Chelmsford CM2
£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)
  • 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-kept home features a lounge, kitchen, three-piece bathroom, and wc, as well as a driveway and rear garden space. Currently producing an annual gross income of £34,800, the property has the potential to increase its rental returns to a market rate of £36,000 with the new owner. The current tenants, who have been paying rent consistently, have no intention of moving out and are willing to remain in the property. With its valuable amenities nearby and rewarding rental returns, this property is an attractive option for investors.