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
£320,000

Price History

Initial price £330,000
31/01/25 £325,000
14/02/25 £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 producing an annual gross income of £34,200, the property has the potential to increase its yield to £36,000 with new tenants. The existing tenants, who have consistently paid their rent, have no intention of moving out and are willing to remain in the property. With a valuable location and rewarding rental returns, this property is a fantastic addition to any investor's portfolio.