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, Essex, CM1
£635,000

Price History

Initial price £680,000
04/01/25 £675,000
11/01/25 £670,000
17/01/25 £665,000
01/02/25 £660,000
01/03/25 £655,000
14/03/25 £650,000
21/03/25 £645,000
27/03/25 £640,000
04/04/25 £635,000
Price Change -6.62%

Description

This 9-bedroom HMO in Chelmsford offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 9 bedrooms, shared bathrooms and wc, a spacious lounge, kitchen, driveway, and rear garden space. Currently, the property produces an annual gross income of £62,880, which could be increased to a market rate of £68,712 with the new owner. The current tenants have consistently paid their rent and have no intention of moving 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.