Warwick Square, Chelmsford CM1 5 bed semi

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Warwick Square, Chelmsford CM1 5 bed semi

Warwick Square, Chelmsford CM1
£345,000

Price History

Initial price £360,000
31/01/25 £355,000
15/02/25 £345,000
Price Change -4.17%

Description

This 5-bedroom HMO in Chelmsford offers a fantastic opportunity for investors to expand their portfolio, with a tenant currently in situ and producing an annual gross income of £34,920. The well-maintained property features 5 bedrooms, a three-piece bathroom and wc, lounge, kitchen, driveway, and rear garden space. With a current annual rent of £34,920, there is potential to increase this to £36,000, making it a worthwhile addition to an investor's portfolio. The current tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner.