Cramphorn Walk, Chelmsford CM1 5 bed terraced house for sale

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Cramphorn Walk, Chelmsford CM1 5 bed terraced house for sale

Cramphorn Walk, Chelmsford CM1
£345,000

Price History

Initial price £350,000
13/02/25 £345,000
Price Change -1.43%

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 spacious lounge, kitchen, and three-piece bathroom, as well as a driveway and rear garden space. Currently producing an annual gross income of £33,840, the property has the potential to increase to £36,000 with the right management. The current tenants have been paying their rent consistently and have no intention of moving out, making for a smooth transition for the new owner. With a valuable location and rewarding rental returns, this property is an excellent addition to any investor's portfolio.