Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale

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Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale

Woodland Road, Chelmsford CM1
£650,000

Price History

Initial price £680,000
04/01/25 £675,000
11/01/25 £670,000
17/01/25 £665,000
31/01/25 £660,000
01/03/25 £655,000
13/03/25 £650,000
20/03/25 £645,000
27/03/25 £640,000
04/04/25 £635,000
11/04/25 £630,000
05/08/25 £680,000
08/08/25 £670,000
02/09/25 £650,000
Price Change -4.41%

Description

This 9-bedroom HMO in Chelmsford is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features 9 bedrooms, shared bathrooms and WC, a spacious lounge, kitchen, driveway, and rear garden space. Currently, it produces an annual gross income of £62,880, which could be increased to £68,712 with market-rate tenants. The current tenants, who have consistently paid their rent, are willing to stay on, making for a smooth transition. With a valuable location and rewarding rental returns, this property offers a worthwhile addition to an investor's portfolio.