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Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale
Woodland Road, Chelmsford CM1
£650,000
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.