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5 bedroom house of multiple occupation for sale
Cramphorn Walk, Chelmsford, Essex, CM1
£295,000
Cramphorn Walk, Chelmsford, Essex, CM1
£295,000
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 |
04/04/25 | £295,000 |
Price Change | -10.61% |
Description
This 5-bedroom HMO in Chelmsford is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features a lounge, kitchen, three-piece bathroom, and WC, as well as a driveway and rear garden space. Currently, the property produces an annual gross income of £34,200, which has the potential to increase to £36,000 with the right management. The existing tenants, who have consistently paid their rent, are hoping to remain in the property, making it a stable and lucrative investment option. With its valuable amenities and close proximity to Chelmsford, this property is a worthwhile addition to any investor's portfolio.