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Woodland Road, Chelmsford CM1 9 bed semi
Woodland Road, Chelmsford CM1
£660,000
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.