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Cramphorn Walk, Chelmsford CM1 5 bed house of multiple occupation for sale
Cramphorn Walk, Chelmsford, Essex, CM1
£320,000
Cramphorn Walk, Chelmsford, Essex, CM1
£320,000
Price History
Initial price | £350,000 |
14/02/25 | £345,000 |
05/03/25 | £340,000 |
14/03/25 | £335,000 |
21/03/25 | £330,000 |
28/03/25 | £325,000 |
05/04/25 | £320,000 |
Price Change | -8.57% |
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, three-piece bathroom, and WC, as well as a driveway and rear garden. The current tenants, who have been consistently paying rent, have no intention of moving out, providing a stable income stream. The property currently produces an annual gross income of £33,840, which could be increased to £36,000 with the new owner. With a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate a strong return on investment.