Woodland Road, Chelmsford CM1 9 bed semi

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Woodland Road, Chelmsford CM1 9 bed semi

Woodland Road, Chelmsford CM1
£660,000

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
Price Change -2.94%

Description

This 9-bedroom HMO in Chelmsford offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features spacious rooms, a large lounge, kitchen, driveway, and rear garden space. Currently producing an annual gross income of £62,880, the property has the potential to increase its rental income to £68,712 with the new owner. The current tenants, who have consistently paid their rent, do not intend to move out, making for a smooth transition. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.