Woodland Road, Chelmsford CM1 9 bed semi

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Woodland Road, Chelmsford CM1 9 bed semi

Woodland Road, Chelmsford, Essex, CM1
£670,000

Price History

Initial price £680,000
04/01/25 £675,000
11/01/25 £670,000
Price Change -1.47%

Description

This 9-bedroom HMO in Chelmsford is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features spacious rooms, including a lounge, kitchen, driveway, and rear garden space, and currently generates an annual gross income of £62,880. With the potential to increase the rent to a market rate of £68,712, this property offers a worthwhile addition to an investor's portfolio. The current tenants, who have consistently paid their rent, are looking to remain in the property, making for a smooth transition for the new owner. With its valuable amenities and rewarding rental returns, this property is a fantastic opportunity for investors to capitalize on the Chelmsford market.