Shelley Road, Chelmsford CM2 5 bed terraced house for sale

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Shelley Road, Chelmsford CM2 5 bed terraced house for sale

Shelley Road, Chelmsford CM2
£340,000

Price History

Initial price £375,000
01/02/25 £340,000
Price Change -9.33%

Description

This 5-bedroom HMO in Chelmsford is an excellent investment opportunity for investors looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, three-piece bathroom, and wc, as well as a driveway and rear garden space. Currently, the property produces an annual gross income of £34,800, which could be increased to £36,000 with new tenants. The existing tenants have consistently paid their rent and have no plans to move out, making it an attractive option for investors seeking a stable and lucrative investment. With a valuable location and rewarding rental returns, this property is a fantastic addition to any portfolio.