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 CM1
£630,000

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)

Description

This 9-bedroom HMO in Chelmsford offers a fantastic opportunity for investors to expand their portfolio. The well-maintained property features 9 bedrooms, shared bathrooms, a spacious lounge, kitchen, driveway, and rear garden space. Currently, it produces an annual gross income of £62,880, which has the potential to increase to £68,712 with the new owner. The current tenants have consistently paid their rent and have no plans to move out, making for a smooth transition. With its valuable amenities, rewarding rental returns, and existing tenant, this property is a worthwhile addition to any investor's portfolio.