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Woodland Road, Chelmsford CM1 5 bed house of multiple occupation for sale
Woodland Road, Chelmsford CM1
£320,000
Woodland Road, Chelmsford CM1
£320,000
Price History
Initial price | £360,000 |
31/01/25 | £355,000 |
15/02/25 | £350,000 |
01/03/25 | £340,000 |
14/03/25 | £335,000 |
21/03/25 | £330,000 |
27/03/25 | £325,000 |
04/04/25 | £320,000 |
Price Change | -11.11% |
Description
This 5-bedroom HMO in Chelmsford offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-maintained property features 5 bedrooms, a three-piece bathroom and wc, lounge, kitchen, driveway, and rear garden space. Currently, the property produces an annual gross income of £35,520, making it a worthwhile addition to an investor's portfolio. The current tenants have been consistently paying rent and have no intention of moving out, providing a stable income stream. With its valuable amenities and proximity to the city, this property is an attractive option for investors seeking a reliable and lucrative investment opportunity.