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
£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.