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5 bed terraced house
Cramphorn Walk, Chelmsford CM1
£290,000
Cramphorn Walk, Chelmsford CM1
£290,000
Price History
Initial price | £330,000 |
01/02/25 | £325,000 |
15/02/25 | £320,000 |
01/03/25 | £315,000 |
14/03/25 | £310,000 |
21/03/25 | £305,000 |
27/03/25 | £300,000 |
05/04/25 | £295,000 |
11/04/25 | £290,000 |
Price Change | -12.12% |
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 and wc, lounge, kitchen, driveway, and rear garden space. Currently, it produces an annual gross income of £34,200, which could be increased to £36,000 with the new owner. The property has a tenant already situated, who has consistently paid rent and has no intention of moving out, making it an attractive option for investors. With its valuable amenities nearby and potential for increased rental returns, this property is a worthwhile addition to any portfolio.