Kings Road, Chelmsford CM1 5 bed semi

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Kings Road, Chelmsford CM1 5 bed semi

Kings Road, Chelmsford CM1
£340,000

Price History

Initial price £350,000
01/02/25 £340,000
Price Change -2.86%

Description

This 5-bedroom HMO in Chelmsford is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features 5 bedrooms, a three-piece bathroom and wc, lounge, kitchen, driveway, and rear garden space. Currently, the property produces an annual gross income of £34,320, which could be increased to £36,000 with new tenants. The current tenants, who have consistently paid their rent, do not plan to move out and are willing to stay on. With a valuable location and rewarding rental returns, this property presents a worthwhile addition to an investor's portfolio, offering a smooth transaction process and maximum commitment to the sale.