Cramphorn Walk, Chelmsford CM1 5 bed house of multiple occupation for sale

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Cramphorn Walk, Chelmsford CM1 5 bed house of multiple occupation for sale

Cramphorn Walk, Chelmsford CM1
£320,000

Price History

Initial price £330,000
31/01/25 £325,000
14/02/25 £320,000
01/03/25 £315,000
14/03/25 £310,000
21/03/25 £305,000
27/03/25 £300,000
05/04/25 £295,000
11/04/25 £290,000
05/08/25 £320,000
Price Change -3.03%

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 new tenants. The existing tenants, who have been paying rent consistently, are willing to stay on, making it an ideal opportunity for investors. With its valuable amenities nearby and rewarding rental returns, this property is a fantastic addition to any portfolio.