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 offers a fantastic 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, it produces an annual gross income of £34,320, which could be increased to £36,000 with new tenants. The property has a valuable tenant already in situ, who has consistently paid their rent and has no plans to move out. With a worthwhile addition to an investor's portfolio, this property presents a great opportunity for those looking to diversify their investments.