5 bedroom house of multiple occupation for sale

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5 bedroom house of multiple occupation for sale

Cramphorn Walk, Chelmsford, Essex, CM1
£335,000

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
10/04/25 £315,000
17/04/25 £350,000
25/04/25 £345,000
29/04/25 £340,000
07/08/25 £335,000
Price Change -4.29%

Description

This 5-bedroom HMO in Chelmsford offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features five bedrooms, a three-piece bathroom, and a spacious lounge, kitchen, driveway, and rear garden space. Currently, the property produces an annual gross income of £33,840, which could be increased to a market rate of £36,000 with new tenants. The existing tenants, who have consistently paid their rent, are looking to remain in the property, making for a smooth transition for the new owner. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.