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Woodland Road, Chelmsford CM1 9 bed house of multiple occupation for sale
Woodland Road, Chelmsford CM1
£630,000
Woodland Road, Chelmsford CM1
£630,000
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 |
Price Change | -7.35% |
Description
This 9-bedroom HMO in Chelmsford offers a fantastic opportunity for investors to expand their portfolio. The well-maintained property features 9 bedrooms, shared bathrooms, a spacious lounge, kitchen, driveway, and rear garden space. Currently, it produces an annual gross income of £62,880, which has the potential to increase to £68,712 with the new owner. The current tenants have consistently paid their rent and have no plans to move out, making for a smooth transition. With its valuable amenities, rewarding rental returns, and existing tenant, this property is a worthwhile addition to any investor's portfolio.