5 bed terraced house

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5 bed terraced house

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.