5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Cramphorn Walk, Chelmsford, Essex, CM1
£320,000

Price History

Initial price £330,000
01/02/25 £325,000
15/02/25 £320,000
Price Change -3.03%

Description

This 5-bedroom HMO in Chelmsford is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features 5 bedrooms, a three-piece bathroom and wc, lounge, kitchen, driveway, and rear garden space. Currently producing an annual gross income of £34,200, the property has the potential to increase its rental income to £36,000 with the right management. The current tenants, who have consistently paid their rent, are willing to remain in the property, making for a smooth transition for the new owner. With its valuable amenities and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.