Woodland Road, Chelmsford CM1 5 bed house of multiple occupation for sale

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Woodland Road, Chelmsford CM1 5 bed house of multiple occupation for sale

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.