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Cramphorn Walk, Chelmsford CM1 5 bed house of multiple occupation for sale
Cramphorn Walk, Chelmsford CM1
£290,000
Cramphorn Walk, Chelmsford CM1
£290,000
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, lounge, kitchen, driveway, and rear garden space. Currently producing an annual gross income of £34,200, the property has the potential to increase to £36,000 with new tenants. With a tenant already situated and consistently paying rent, the new owner can expect a smooth transition and minimal vacancy periods. The property's investment potential is further enhanced by its proximity to valuable amenities and its potential for future growth, making it an attractive addition to any portfolio.