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
£670,000

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
Price Change -1.47%

Description

This 9-bedroom HMO in Chelmsford is a fantastic investment opportunity for those looking to expand their portfolio. The property features 9 bedrooms, shared bathrooms and wc, a spacious lounge, kitchen, driveway, and rear garden space, and is currently producing an annual gross income of £62,880. With tenants already situated and paying rent consistently, the new owner has the potential to increase the income to a market rate of £68,712. The property is well-kept and offers a valuable amenity in close proximity, making it an attractive addition to an investor's portfolio.